Senior Healthcare Modeler - Finance

Mayo Clinic; Rochester (MN); Remote; USD 95,000 - 134,000; Full time

Job summary

Mayo Clinic seeks a Senior Modeler to enhance revenue strategies and develop quantitative analytics for effective healthcare solutions. This 100% remote position requires expertise in financial modeling and healthcare data analysis, providing a chance to make an impact in the industry's leading institution. Join us in our mission to provide the best healthcare services.

Benefits

Comprehensive health coverage

Retirement package

Continuous education opportunities

Qualifications

• Six years’ direct experience can substitute for degree with approval.
• Ability to learn quickly and work independently.
• Three to five years of data analytics in healthcare.

Responsibilities

• Develop financial models and perform cost of care analysis.
• Produce data analytics and interpret healthcare claims data.
• Build and maintain financial or healthcare economic models.

Skills

Analytical ability

Data Analysis

Critical Thinking

Communication Skills

Proactivity

Education

Bachelor's Degree in Health Informatics, Math/Statistics, Finance/Business

Master’s degree (preferred)

Tools

MS Excel

SAS

SQL

PowerPoint

Word

Job description

Why Mayo Clinic

Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans – to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.

Benefits Highlights

• Medical: Multiple plan options.
• Dental: Delta Dental or reimbursement account for flexible coverage.
• Vision: Affordable plan with national network.
• Pre-Tax Savings: HSA and FSAs for eligible expenses.
• Retirement: Competitive retirement package to secure your future.
  
  

Responsibilities

Optimizing payer and revenue strategies, including taking on financial healthcare risk, allows healthcare providers greater flexibility in the development of care offerings, delivery vehicles, and performance under value-based care models and incentives. A number of current Mayo Clinic strategic priorities require a capability system focused on clearly and accurately assessing this financial risk in order to deliver upon expected performance. As a RSI Senior Modeler, you will be empowered to support short and long term strategic/operational business activities; use quantitative analytics to design, develop and/or enhance reports and models that will have an impact on enterprise revenue strategies and business decisions. In this role, you will have the opportunity to lead in creating viable, valuable solutions to improve the world's best healthcare system in a complex health care landscape. Primary Responsibilities: Participates in the development of financial models, cost of care analysis, pro-forma statements, and ad-hoc reports. Use various tools to produce insightful data analytics and meaningful interpretations of relevant healthcare claims pricing, reimbursement and utilization data. Analyze and interpret healthcare claims data to create and review monthly / quarterly and ad hoc exhibits based on detailed data sets. Perform data analysis that impacts pricing and reimbursement strategies, service utilization, cost of care, risk score, financial forecasts and risk assumptions. Interprets data requests from users and identifies the correct venue for information and its translation into understandable terms. Build and maintain actuarial, financial, or healthcare economic models for analyzing healthcare claims, risk scores and demographic data. Develop presentation materials and communication results of the healthcare analyses to various stakeholders. Other duties as assigned.

• This position is a 100% remote work. Individual may live anywhere in the US.
• This vacancy is not eligible for sponsorship / we will not sponsor or transfer visas for this position.
  
  

During the selection process, you may participate in an OnDemand (pre-recorded) interview that you can complete at your convenience. During the OnDemand interview, a question will appear on your screen, and you will have time to consider each question before responding. You will have the opportunity to re-record your answer to each question - Mayo Clinic will only see the final recording. The complete interview will be reviewed by a Mayo Clinic staff member and you will be notified of next steps.

Qualifications

Bachelor's Degree in Health Informatics, Math/Statistics, Finance/Business or other related field required. Master’s degree preferred. Six years’ direct experience can be considered in lieu of Bachelor’s Degree with approval of Chair of RSI.

Strong analytical ability and familiarity with advanced financial and healthcare concepts. Knowledge of healthcare claims data, cost & utilization metrics and coding structures a plus. Ability to learn quickly and work independently. Ability to prioritize tasks among competing deadlines and manage multiple projects concurrently. Excellent critical thinking skills, decisive judgment, self-motivated and proactive; and ability to work productively with minimal supervision.Ability to balance analysis vs. over analysis to provide accurate direction insights based on limited datasets. Three to five years of data analytics experience in the healthcare industry working with extensive amounts of healthcare data and major databases. Proficiency in MS Excel, SAS and/or SQL; working knowledge of Word and PowerPoint. Good interpersonal skills and communication skills, both oral and written.

Exemption Status

Exempt

Compensation Detail

$95,534.40 - $133,764.80 / year. Education, experience and tenure may be considered along with internal equity when job offers are extended.

Benefits Eligible

Yes

Schedule

Full Time

Hours/Pay Period

80

Schedule Details

Monday - Friday, business hours of 8:00 am - 5:00 pm

Weekend Schedule

N/A

International Assignment

No

Site Description

Just as our reputation has spread beyond our Minnesota roots, so have our locations. Today, our employees are located at our three major campuses in Phoenix/Scottsdale, Arizona, Jacksonville, Florida, Rochester, Minnesota, and at Mayo Clinic Health System campuses throughout Midwestern communities, and at our international locations. Each Mayo Clinic location is a special place where our employees thrive in both their work and personal lives. Learn more about what each unique Mayo Clinic campus has to offer, and where your best fit is.

Equal Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Learn more about the "EOE is the Law" . Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.

Recruiter

Oneida Her