Medical Economics Analyst

Welcome to Highmark Health! We are currently seeking a highly skilled and motivated Medical Economics Analyst to join our dynamic team. As a leading healthcare company, we value individuals who are passionate about utilizing data and analytics to drive strategic decision-making and improve the overall health of our members. In this role, you will have the opportunity to collaborate with cross-functional teams and make a meaningful impact on our business. If you have a strong background in healthcare economics, a keen eye for detail, and a drive for excellence, we encourage you to apply. Join us and be a part of our mission to create a healthier future for our communities!

1. Conduct data analysis and utilize advanced statistical techniques to identify trends and patterns in healthcare data.
2. Develop and maintain reports and dashboards to track key performance indicators and provide insights to leadership.
3. Collaborate with various teams, including actuarial, finance, and clinical, to understand business needs and support decision-making.
4. Monitor and evaluate the financial impact of healthcare programs and initiatives.
5. Identify opportunities for cost savings and process improvements through data analysis.
6. Communicate complex data findings and recommendations to non-technical stakeholders in a clear and concise manner.
7. Stay up-to-date with industry trends and regulations related to healthcare economics.
8. Ensure data accuracy and integrity by adhering to data governance policies and procedures.
9. Participate in the development and implementation of new data models and analytics tools.
10. Act as a subject matter expert on healthcare economics and provide guidance to team members.
11. Proactively identify and address data quality issues and recommend solutions.
12. Continuously improve data processes and workflows to increase efficiency and effectiveness.
13. Collaborate with external partners and vendors to gather additional data and insights.
14. Adhere to strict confidentiality and security protocols when handling sensitive healthcare data.
15. Contribute to a positive and collaborative team culture by sharing knowledge and expertise with colleagues.

According to JobzMall, the average salary range for a Medical Economics Analyst is $60,000-$80,000 per year. However, this can vary depending on factors such as location, experience, and employer. Some Medical Economics Analysts may earn salaries in the six-figure range.

Highmark Inc. is among the largest health insurers in the United States and the fourth-largest Blue Cross and Blue Shield-affiliated company. Highmark and its diversified businesses and affiliates operate health insurance plans in Pennsylvania, Delaware and West Virginia that serve 5.2 million members. Its diversified health businesses serve group customer and individual health needs across the United States through dental insurance, vision care and other related health businesses. Highmark is an independent licensee of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield companies.