Risk Adjustment Data Analyst III

Posted 8 Hours Ago
Newark, NJ
85K-116K Annually
Senior level
Healthtech • Insurance
The Role
The Risk Adjustment Data Analyst III is responsible for overseeing risk adjustment data submission and validation, performing analysis and reporting for risk score calculations and audits, developing predictive models, coaching junior analysts, and conducting data collection and validation. The role also involves producing reports and managing policy documentation related to risk adjustment processes.
Summary Generated by Built In

Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware

Job Summary:

The Risk Adjustment Data Analyst III is a seasoned analyst responsible for playing an active role in submission, monitoring and contributing to the end to end Risk Adjustment Data Submission and Validation within key regulator guidelines for acceptable data submission.
The analyst will also be responsible for oversight and participation in the timely completion of projects, including timeline development & maintenance as it pertains to encounter and risk adjustment data.

-Collaborate with internal and external stakeholders involved in Risk Adjustment data submission, as well as all other mandatory aspects of Risk Adjustment.

-Perform analysis and reporting activities related to risk score calculation, encounter data submission, chart review programs and audits, and related performance metrics per regulatory and health plan guidelines.

-Research and document encounter errors in established systems and databases with appropriate statistical trend analysis, perform root cause analysis of encounters processing and submission issues and develop recommendations based on data and industry standards.

-Contribute to the creation of technical documents and high level solution designs

-Participate in the development, testing and implementation of system specifications

-Interact with RA leadership to create predictive models using information obtained from data mining or analysis

-Assist in onboarding and coaching of junior analysts. Actively participate in the peer review process by reviewing, providing insight, and verifying work of junior analysts.

-Conduct gap analysis, data collection and validation related to Risk Adjustment activities

-Contribute to program improvement by designing and implementing business process and system changes, collaborate to resolve encounter data and process issues and manage policy and procedure documentation

-Use data from internal and external sources, analyze complex encounter inbound/outbound process issues to provide insight to decision-makers.

-Support and participate in internal and external audits as needed.

-Produce recurring and ad-hoc reports for business stakeholders for risk adjustment optimization.

-Remain informed and updated on industry changes e.g. CMS regulations and changes (EDPS, Risk Adjustment Payment Model Changes).

Education/Experience

  • Bachelor’s degree preferred from an accredited college or university preferably in Computer Science, Data Science or other strong analytical field.
  • Master’s degree a plus
  • Requires a minimum of five (5) years of experience with programming or analytics, preferably in health care, insurance or related field; clinical and medical claims data and disease diagnostic coding practice a plus
  • Experience with manipulating large amounts of clinical and medical claims data while working in health care industry, insurance or related field.
  • Requires experience using programming and statistical software (e.g., SAS), use of various databases and other data sources, and performing analytics.

Additional Licensing, Certifications, Registrations

  • SAS, Oracle, or SQL certification a plus

Knowledge

  • Advanced knowledge in Excel (including pivot tables) and Access required
  • Advanced knowledge of SAS, Oracle or SQL required
  • Knowledge of R and Python is a plus
  • Knowledge of risk adjustment programs for Medicare/Medicaid, or risk mitigation programs under ACA, is a plus

Skills and Abilities

  • Strong analytical, research and problem-solving skills; experience with relational database and techniques.
  • Strong attention to detail
  • Written and oral communication skills
  • Proficiency in Microsoft software applications
  • Ability to perform and interpret a variety of data analyses
  • Demonstrated ability to evaluate and interpret complex data
  • Demonstrated ability to handle multiple tasks with competing priorities

Travel (If Applicable)

Salary Range:

$84,700 - $115,605

​This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. This range has been created in good faith based on information known to Horizon at the time of posting. Compensation decisions are dependent on the circumstances of each case. Horizon also provides a comprehensive compensation and benefits package which includes:

  • Comprehensive health benefits (Medical/Dental/Vision)

  • Retirement Plans

  • Generous PTO

  • Incentive Plans

  • Wellness Programs

  • Paid Volunteer Time Off

  • Tuition Reimbursement

Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law. Horizon will consider reasonable accommodation requests as part of the recruiting and hiring process.

Top Skills

Oracle
Python
R
SAS
SQL
The Company
HQ: Newalk, NJ
4,974 Employees
On-site Workplace
Year Founded: 1932

What We Do

Horizon Blue Cross Blue Shield of New Jersey- the state’s largest and oldest health insurer - is a subsidiary of Horizon Mutual Holdings, Inc., a not-for-profit mutual holding company.

Together with its affiliates, Horizon provides a wide array of medical, dental, vision and prescription insurance products and services. As New Jersey’ health solutions leader, Horizon is transforming healthcare by working with doctors and hospitals to deliver innovative, patient-centered programs that improve quality and lower costs. It is headquartered in Newark, NJ with offices in Wall and Hopewell, NJ.

Horizon serves 3.7 million members including more than 1 million who rely on Medicaid for their health coverage.

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