Posted in

Payor Strategy Analyst

Payor Strategy Analyst

CompanyWellNow Urgent Care
LocationChicago, IL, USA
Salary$72000 – $85000
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level

Requirements

  • BA/BS in Business, Finance, Accounting or other related fields preferred
  • 2-3 years of data analysis experience in healthcare or related fields
  • Advanced skills with Microsoft Excel required
  • SQL, SAS, or other data querying software experience preferred
  • Broad knowledge of healthcare insurance, physician billing and reimbursement, administration, systems, practices, and principles, (i.e. Medicaid, Medicare, Medicare Advantage, and Commercial.)
  • Has demonstrated ability to review large data files for accuracy and completion
  • Has ability to excel in fast paced environment, take direction and handle multiple priorities
  • Strong written and verbal communication skills including the ability to communicate results of data analysis to a variety of stakeholders.

Responsibilities

  • Analyzes rate fee schedules and claims data to make recommendations for contract negotiations and pricing strategies
  • Creates financial models to assess different contract scenarios and pricing strategies that impact patient revenue and utilization
  • Creates the needed reporting to track key performance indicators related to payer contracting, such as patient volume, reimbursement rates and payer denials
  • Organizes and maintains database of all contracted rates for WellNow Urgent Care
  • Oversees that contracted rates are loaded into internal systems and audited to ensure its success
  • Responsible for fee schedule compliance and maintenance to ensure that accurate rates are used in expected payment calculations
  • Work cross departmentally to address any payer or claims related issues
  • Creates ad hoc reports and analysis as required

Preferred Qualifications

  • SQL, SAS, or other data querying software experience preferred