Pay for Value Practice Specialist

We at Highmark Health are seeking an experienced and motivated individual to join our team as a Pay for Value Practice Specialist. In this role, you will play a pivotal part in developing our organization's ability to succeed in the changing healthcare market. We are looking for a motivated, team-oriented professional with deep technical knowledge and a passion for achieving the best possible outcomes. The ideal candidate should have a strong understanding of the healthcare industry, the pay-for-value model, and the importance of effective financial management. They should also have excellent organizational and communication skills, with the ability to work both independently and collaboratively. To be successful in this role, you should have a Bachelor's degree in finance, accounting, business, or a related field and at least three years of experience in a healthcare-related role. The ability to think critically and analyze data is essential, as is the ability to create, implement, and manage effective strategies. If you have a passion for the healthcare industry and a commitment to helping Highmark Health reach its goals, we'd love to hear from you.

Responsibilities:

1. Develop strategies to succeed in the changing healthcare market through pay-for-value model.
2. Monitor financial performance and analyze data to create solutions for improvement.
3. Manage organizational budget and effectively allocate resources.
4. Collaborate with team members to ensure alignment to organizational objectives.
5. Conduct research and keep up-to-date with industry trends and standards.
6. Monitor regulatory requirements and enforce compliance.
7. Create and maintain documents related to pay-for-value model.
8. Develop and execute training plans for staff related to financial management.
9. Prepare reports to track progress and highlight areas of improvement.
10. Participate in meetings and provide input on financial strategies.

According to JobzMall, the average salary range for a Pay for Value Practice Specialist in Pittsburgh, PA, USA is between $50,947 and $103,232. The median salary for this position is $76,976. This range is based on the salaries of 59 Pay for Value Practice Specialists who are currently employed in the Pittsburgh, PA, USA area. The salary range may vary depending on factors such as the individual's experience, education, and any special certifications they may have.

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.