Economics major [h1.location_city]

JOB DESCRIPTION

Job Summary

Provides senior level analyst support for medical economics analysis activities, including extracting, analyzing and synthesizing data from various sources to identify risks and opportunities, and improve financial performance.

This role supports Molina's New York Health Plan Medicaid program and its associated reimbursement methodologies.

Essential Job Duties

• Extracts and compiles data and information from various systems to support executive decision-making.
• Mines and manages information from large data sources.
• Analyzes claims and other data sources to identify early signs of trends or other issues related to medical care costs.
• Analyzes the financial performance, including cost, utilization and revenue of all Molina products - identifying favorable and unfavorable trends, developing recommendations to improve trends and communicating recommendations to leadership.
• Draws actionable conclusions based on analyses performed, makes recommendations through use of health care analytics and predictive modeling, and communicates those conclusions effectively to audiences at various levels of the enterprise.
• Performs pro forma sensitivity analyses in order to estimate the expected financial value of proposed medical cost improvement initiatives.
• Collaborates with clinical, provider network and other teams to bring supplemental context / insight to data analyses, and design and perform studies related to the quantification of medical interventions.
• Collaborates with business owners to track key performance indicators of medical interventions.
• Proactively identifies and investigates complex suspect areas regarding medical cost issues, initiates in-depth analysis of suspect / problem areas and suggests corrective action plans.
• Designs and develops reports to monitor health plan performance and identify the root causes of medical cost trends - with root causes identified, drives innovation through creation of tools to monitor trend drivers and provides recommendations to senior leaders for affordability opportunities.
• Leads projects to completion by contributing to ad-hoc data analyses, development, and presentation of financial reports.
• Serves as subject matter expert on developing financial models to evaluate the impact of provider reimbursement changes
• Provides data driven analytics to finance, claims, medical management, network, and other departments to enable critical decision making.
• Supports financial analysis projects related to medical cost reduction initiatives.
• Supports medical management by assisting with return on investment (ROI) analyses for vendors to determine if financial and clinical performance is achieving desired results.
• Keeps abreast of Medicaid and Medicare reforms and impact on the Molina business.
• Supports scoreable action item (SAI) initiative tracking to performance.

Required Qualifications

Preferred Qualifications

To all current Molina employees : If you are interested in applying for this position, please apply through the Internal Job Board.

Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M / F / D / V

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Pay Range : $80,168 - $129,590 / ANNUAL