Analyst, VBC Analytics

Summary

CVS Health is a healthcare company focused on creating a more connected, convenient, and compassionate health experience. The Analyst, VBC Analytics will support local market network teams with the implementation, administration, tracking, reconciliation, and reporting of value-based contracting agreements and incentive payments. The role will manage a portfolio of markets and deals, collaborate with internal and external partners, support pre-deal evaluations, and contribute to process improvements.

Responsibilities

• Support local market network teams on implementation and administration of Value Based Contracting (VBC) agreements
• Ensuring proactive tracking and facilitating meeting VBC agreement incentive payment commitments throughout the contract life cycle
• Working with scorecards and reconciliation payment requests and reporting as needed to support increasingly complex requirements to support the incentive payments on these deals
• Take ownership of your portfolio of markets and deals, working collaboratively with negotiators and Network managers as well as Value Based partners to ensure we meet our contractual commitments, administer incentive payments and assist in pre-deal evaluation and make recommendations
• Participate in enhancement projects and process improvements
• Analysis of Value based arrangements across lines of business, supporting data for the right pricing and supporting our provider partners to achieve improved outcomes for our members
• Partner with a wide range of business units across the enterprise including other Finance areas and Contract Negotiators

Skills

• 1+ years of experience utilizing Microsoft Office products (Excel, PowerPoint, and Access) in a professional and/or academic setting, with advanced Excel proficiency
• Bachelor's degree or equivalent work experience required
• Experience in the managed care industry with exposure to value-based contracting
• Experience with financial analysis and/or administrative claims data
• Ability to communicate effectively with a diverse audience
• Ability to work in a fast-paced environment and meet tight deadlines
• Strong analytical, critical thinking, problem solving and communication skills
• Possess analytical and problem resolution skills
• Ability to communicate effectively with individuals at all levels of the organization
• Resourceful and quickly and successfully adapt to change
• Working knowledge of SQL and relational databases
• Exposure to SAS or other web-query based programs

Qualifications

Must Haves

• 1+ years of experience utilizing Microsoft Office products (Excel, PowerPoint, and Access) in a professional and/or academic setting, with advanced Excel proficiency
• Bachelor's degree or equivalent work experience required

Nice to Haves

• Experience in the managed care industry with exposure to value-based contracting
• Experience with financial analysis and/or administrative claims data
• Ability to communicate effectively with a diverse audience
• Ability to work in a fast-paced environment and meet tight deadlines
• Strong analytical, critical thinking, problem solving and communication skills
• Possess analytical and problem resolution skills
• Ability to communicate effectively with individuals at all levels of the organization
• Resourceful and quickly and successfully adapt to change
• Working knowledge of SQL and relational databases
• Exposure to SAS or other web-query based programs

Benefits

• Eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
• Medical coverage, based on eligibility.
• Dental coverage, based on eligibility.
• Vision coverage, based on eligibility.
• Paid time off, based on eligibility.
• Retirement savings options, based on eligibility.
• Wellness programs, based on eligibility.
• Other resources supporting the physical, emotional, and financial well-being of colleagues and their families, based on eligibility.
• Remote/Hybrid work arrangement