Yale University
Senior Director Healthcare Economics and Insight
Yale University, New Haven, Connecticut, us, 06540
1. Develops business plans to optimize clinical and operational efficiency, including creating and maintaining forecast models, identifying key assumptions and returns on investment, and delineating critical financial risk and opportunity areas.
2. Oversees the design and development of analytical tools and implementation of financial models that support decision-making using scenario modeling and efficiency analyses.
3. Extracts, collects, analyzes, and interprets health utilization and financial data of various types from many sources.
4. Performs data mining and analytic functions of complex and varied healthcare data to identify cost savings opportunities.
5. Assesses and monitors key performance indicators about healthcare costs and trends.
6. Leads complex healthcare economic projects, including initiating, identifying, and completing key deliverables to meet all business objectives.
7. Develops and executes a program evaluation strategy, including incorporating study methods, analyzing complex data with statistical and visual techniques, and interpreting and presenting findings.
8. Designs complex simulations to drive the development of Yale Health's network efficiency goals, given the geographic and adequacy constraints of the network. Working with CFO, CQO, and IT/Analytics, oversees the build of healthcare economics executive dashboard to provide visibility and access to key metrics.
9. Recommends optimal courses of action to minimize risk while supporting our long-term goals, the well-being of every member, and unique model of care.
10. Works closely with the executive team to synthesize critical insights and deliver recommendations in presentation form to include in the management decision-making processes.
11. Performs market research such as emerging medical trends, new market pressures, competitor threats, and new model redesign in value-based care.
Required Skill/ability 1:
Ability to develop complex financial modeling to inform health plan and clinical care delivery strategies, including return on investment calculations. Ability to design business plans based on complex financial models. Expertise in Excel modeling.
Required Skill/ability 2:
Strong background in project management. Demonstrated ability working in a matrix organization with strong relationship building skills.
Required Skill/ability 3:
Excellent verbal and written communication skills. Ability to think critically to draw logical conclusions of complex financial and legal information.
Required Skill/ability 4:
Team player who enjoys working cross-functionally to solve problems and is comfortable being an influential member of the team.
Required Skill/ability 5:
High degree of initiative and integrity.
Preferred Education:
Master's Degree, preferably in Finance, Economics, Business or Healthcare Administration, Public Health, Public Policy, Mathematics, or related quantitative discipline. Additional 2+ years of experience performing program evaluation analysis using healthcare medical and pharmacy administrative claims data, EHR/EMR data, and/or complex relational healthcare databases.
Work Week:
Standard (M-F equal number of hours per day)
Posting Position Title:
Senior Director, Healthcare Economics and Insight
University Job Title:
Senior Director Healthcare Economics and Insight
Preferred Education, Experience and Skills:
Master's Degree, preferably in Finance, Economics, Business or Healthcare Administration, Public Health, Public Policy, Mathematics, or related quantitative discipline. Additional 2+ years of experience performing program evaluation analysis using healthcare medical and pharmacy administrative claims data, EHR/EMR data, and/or complex relational healthcare databases.
Minimum requirement:
Bachelor's Degree and ten years of healthcare experience in financial analysis and strategic financial modeling in the healthcare setting.
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2. Oversees the design and development of analytical tools and implementation of financial models that support decision-making using scenario modeling and efficiency analyses.
3. Extracts, collects, analyzes, and interprets health utilization and financial data of various types from many sources.
4. Performs data mining and analytic functions of complex and varied healthcare data to identify cost savings opportunities.
5. Assesses and monitors key performance indicators about healthcare costs and trends.
6. Leads complex healthcare economic projects, including initiating, identifying, and completing key deliverables to meet all business objectives.
7. Develops and executes a program evaluation strategy, including incorporating study methods, analyzing complex data with statistical and visual techniques, and interpreting and presenting findings.
8. Designs complex simulations to drive the development of Yale Health's network efficiency goals, given the geographic and adequacy constraints of the network. Working with CFO, CQO, and IT/Analytics, oversees the build of healthcare economics executive dashboard to provide visibility and access to key metrics.
9. Recommends optimal courses of action to minimize risk while supporting our long-term goals, the well-being of every member, and unique model of care.
10. Works closely with the executive team to synthesize critical insights and deliver recommendations in presentation form to include in the management decision-making processes.
11. Performs market research such as emerging medical trends, new market pressures, competitor threats, and new model redesign in value-based care.
Required Skill/ability 1:
Ability to develop complex financial modeling to inform health plan and clinical care delivery strategies, including return on investment calculations. Ability to design business plans based on complex financial models. Expertise in Excel modeling.
Required Skill/ability 2:
Strong background in project management. Demonstrated ability working in a matrix organization with strong relationship building skills.
Required Skill/ability 3:
Excellent verbal and written communication skills. Ability to think critically to draw logical conclusions of complex financial and legal information.
Required Skill/ability 4:
Team player who enjoys working cross-functionally to solve problems and is comfortable being an influential member of the team.
Required Skill/ability 5:
High degree of initiative and integrity.
Preferred Education:
Master's Degree, preferably in Finance, Economics, Business or Healthcare Administration, Public Health, Public Policy, Mathematics, or related quantitative discipline. Additional 2+ years of experience performing program evaluation analysis using healthcare medical and pharmacy administrative claims data, EHR/EMR data, and/or complex relational healthcare databases.
Work Week:
Standard (M-F equal number of hours per day)
Posting Position Title:
Senior Director, Healthcare Economics and Insight
University Job Title:
Senior Director Healthcare Economics and Insight
Preferred Education, Experience and Skills:
Master's Degree, preferably in Finance, Economics, Business or Healthcare Administration, Public Health, Public Policy, Mathematics, or related quantitative discipline. Additional 2+ years of experience performing program evaluation analysis using healthcare medical and pharmacy administrative claims data, EHR/EMR data, and/or complex relational healthcare databases.
Minimum requirement:
Bachelor's Degree and ten years of healthcare experience in financial analysis and strategic financial modeling in the healthcare setting.
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