Be a part of a world-class academic healthcare system at UChicago Medicine as a Contracting Risk Analyst – Value Based Care for the Finance Managed Care department. This position will be primarily a work from home opportunity with the requirement to come onsite as needed to the Hyde Park or Burr Ridge location. You may be based outside of the greater Chicagoland area.
The Contract Risk Analyst – Value Based Care is responsible for analyzing and modeling Value Based Care (VBC) and population health risk agreements on behalf of the Office of Managed Care (OMC) and the UChicago Medicine Clinically Integrated Network (CIN), including but not limited to Medicare Advantage, Medicare CMMI Accountable Care Organizations (ACOs) for shared savings (MSSP and ACO Reach), Commercial ACOs, Bundled Payments, Capitation, Direct to Employer (DTE), and global risk agreements. Partners with the Contracting team (FFS and VBC), CIN and the clinical teams on evaluating VBC risk contracts, incentive programs and distribution, incentive funds flow, calculating and modeling projected financial risk performance (such as risk corridor scenarios, stoploss/reinsurance, feasibility, and scenario analyses). Analyst works with senior leadership to support future financial goals and strategies related to its entities, as well as modeling and forecasting. The analyst assists VP of Payer Strategy, OMC Directors and CIN leadership during risk-based contract negotiations to ensure successful contract negotiation and implementation, monitoring and enforcement of contract terms and support for value base care contracting initiatives and serves as a subject matter expert for risk based contract terms developing monitoring tools and reporting to proactively manage and mitigate risk and improve contract performance. Analyst monitors and reviews existing and new CMMI Government Programs (MSSP, etc) understanding the risk components and partnering with the Director, Value Based Payment Models and BI Analyst to assess feasibility and requirements for participation. . Collaborates with interdisciplinary teams across the care continuum – Decision Support, Financial Planning, Budgetary, etc to support enterprise wide alignment and reporting around VBC programs. Actively embodies Mission, Vision, and Value of UCM.
Essential Job Functions
Required Qualifications
Preferred Qualifications
Position Details
We’ve been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment… with patients and with each other. We’re in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you’d like to add enriching human life to your profile, UChicago Medicine is for you. Here at the forefront, we’re doing work that really matters. Join us. Bring your passion.
UChicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: UChicago Medicine Career Opportunities.
UChicago Medicine is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.
Must comply with UChicago Medicine’s COVID-19 Vaccination requirement as a condition of employment. If you have already received the vaccination, you must provide proof as part of the pre-employment process. This is in addition to your compliance with the Flu Vaccination requirement as well. Medical and religious exemptions will be considered consistent with applicable law. Lastly, a pre-employment physical, drug screening, and background check are also required for all employees prior to hire.
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