Risk Adjustment Director

Central California Alliance for HealthSanta Cruz, CA
Hybrid

About The Position

The Alliance is seeking a Risk Adjustment Director to lead the Risk Adjustment Department. This position can be located in one of their service counties (Mariposa, Merced, Monterey, Santa Cruz, or San Benito) or remotely in California, with travel to Alliance service areas expected quarterly. The role reports to the Chief Financial Officer and is responsible for providing strategic management oversight in designing, implementing, directing, and monitoring the department's functions. The Director will also lead the department, act as a subject matter expert, and offer executive-level advice on coding, risk adjustment methodologies, and business operations, as well as manage and supervise department staff.

Requirements

  • Bachelor’s degree in Finance, Business, Healthcare Administration, Mathematics, Statistics, or a closely related field
  • A minimum of ten years of experience in healthcare finance or analytics
  • A minimum of five years of experience with Medicare risk adjustment processes
  • A minimum of two years of experience related to Medicare Managed Care Programs
  • A minimum of three years of supervisory experience
  • Knowledge of the managed care industry and of Medicare health insurance payment methodologies
  • Knowledge of Medicare (Hierarchical Condition Categories) risk adjustment models
  • Knowledge of methods and techniques of developing and delivering data management strategies that support contract analysis, trend management, budgeting, forecasting, strategic planning, and healthcare operations
  • Knowledge of principles and practices of provider reimbursement methodologies, pricing, and fee schedules for all provider types, including hospital, physician, and ancillary providers
  • Knowledge of healthcare industry specific terms and healthcare related data types and structures, including member, claims, clinical, and provider types
  • Knowledge of methods and techniques of valuating for physician and inpatient and outpatient hospital costs
  • Ability to demonstrate strong analytical skills, accurately collect, manage, and analyze data, identify issues, offer recommendations and potential consequences, and mitigate risk
  • Ability to perform complex analysis related to rate negotiations, health care cost reports, and determination of rates for hospitals, clinics, long-term care facilities, allied health services, professional services, and specialist services
  • Ability to develop, plan, organize, and direct finance programs and activities that are complex in nature and regional in scope
  • Ability to provide leadership, facilitate meetings, and partner with and guide managers and employees in the resolution of issues
  • Ability to demonstrate a collaborative management style, build rapport, demonstrate excellent public relations skills, and effectively manage internal and external business relationships
  • Must reside in California upon hire

Nice To Haves

  • Medi-Cal experience is a plus
  • Expertise in risk adjustments
  • Excellent communication skills, with strength in building relationships and partnering with cross-functional teams
  • Champion accountability across the organization
  • Experience in overseeing the Medicare Risk Adjustment life cycle
  • Strong data and analytical skills, including SQL, dashboarding, and reporting
  • Be invested in staff development and empowering teams to do their best work
  • A Master’s degree may substitute for two years of general healthcare finance or analytics experience
  • An equivalent combination of education and experience may be qualifying

Responsibilities

  • Provide strategic management oversight in designing, implementing, directing, and monitoring the Alliance’s Risk Adjustment Department functions
  • Direct the Risk Adjustment Department, act as a subject matter expert, and provide executive-level advice and guidance on coding and risk adjustment methodologies and overall business operations
  • Direct, manage, and supervise Risk Adjustment Department staff

Benefits

  • Medical, Dental and Vision Plans
  • Ample Paid Time Off
  • 12 Paid Holidays per year
  • 401(a) Retirement Plan
  • 457 Deferred Compensation Plan
  • Robust Health and Wellness Program
  • Onsite EV Charging Stations
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