Director, Healthcare Economics

Summary:

• Enhance and strategize for improved development of analytics for operating decisions and provide recommendations to senior management that are both tactical and strategic in nature.
• Direct a team to create & implement sophisticated analytics and provide support for strategic and business decision-making.
• Oversee the development of predictive analytics modeling to assist the company in effectively understanding future cost of care trend drivers and their financial and pricing impacts.
• Act as the key strategic member of Management in collaborative business teams to clearly communicate data issues to the recipients and work to improve data quality where possible within the analytical models you create.

Responsibilities:

• Direct and manage the Medical Economics staff to facilitate standard reporting and ad hoc analysis.
• Perform root cause analysis exercises to identify potential recovery/avoidance opportunities from problems due to undiscovered system or other issues.
• Lead projects focused on care management, disease management and quality management optimization, working with stakeholders to identify and execute opportunities for improvement.
• Analyze issues using enrollment, utilization, clinical, medical management, financial and other corporate data, and information from both modeled internal data as well as disparate internal and external sources.
• Identify necessary data, data sources and methodologies.
• Responsible for the development of models that identify the causes for variation in medical costs, and of reports that summarize this information effectively so that appropriate actions can be taken.
• Develop and maintain project work plans, critical tasks, milestones, timelines, interdependencies and contingencies.
• Adhere to corporate standards for performance metrics, data collection, data integrity, query design, and reporting format to ensure high quality, meaningful analytic output.
• Work closely with IT on the ongoing improvement, driven by strategic and business needs, and designed to ensure data and reporting consistency throughout the organization.
• Lead client presentations to highlight emerging trends and industry dynamics.
• Work collaboratively with stakeholders from across the organization to provide information, insights and business intelligence solutions that contribute to sound strategic planning, decision-making, goal setting, and effective performance measurement.
• Identify and understand data from internal and external sources for competitive, scenario and performance analyses,
  and financial modeling to gain member/provider insight into new and existing processes and business opportunities.
• Delegate or provide direction and feedback to staff when appropriate.
• Assist and teach others within the organization how to define meaningful process and performance measures, develop data queries, and generate and management reports effectively.
• Share development and process knowledge with analysts to ensure consistency and continuously build a core of analytical strength within the organization.