About this Analyst, VBC Analytics role at CVS Health
We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
Position Summary
As a Value Based Implementation Analyst you will support local market network teams on implementation and administration of Value Based Contracting (VBC) agreements. The Value Based Implementation Analyst is essential for ensuring proactive tracking and facilitating meeting VBC agreement incentive payment commitments throughout the contract life cycle. The Value Based Implementation Analyst position is responsible for working with scorecards and reconciliation payment requests and reporting as needed to support increasingly complex requirements to support the incentive payments on these deals.
As part of the Value Based Team, you will 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. You will participate in enhancement projects and process improvements. The larger Value Based Team is accountable for 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. We partner with a wide range of business units across the enterprise including other Finance areas and Contract Negotiators.
Required Qualifications
• 1+ years of experience utilizing Microsoft Office products (Excel, PowerPoint, and Access) in a professional and/or academic setting, with advanced Excel proficiency.
Preferred Qualifications
• 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
Education
Bachelor's degree or equivalent work experience required.
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$43,888.00 - $93,574.00This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
