Director - Medical Economics
Description
Job Title: Director – Medical Economics
Department: Decision Support Services
Department: Decision Support Services
About the Role:
The Director – Medical Economics plays a critical role in driving the financial and operational performance Astrana Health. This individual will lead a team responsible for the analysis and interpretation of healthcare data to support strategic decision-making, cost management, and value-based care initiatives. The Director will work closely with senior leadership, clinical teams, and external partners to develop and implement data-driven strategies that enhance healthcare delivery and optimize financial outcomes.
What You’ll Do:
Leadership and Team Management:
- Lead, mentor, and develop a high-performing team including a manager and analysts.
- Set clear performance expectations and provide regular feedback to team members.
Strategic Planning and Analysis:
- Develop and oversee comprehensive economic models and analyses to support strategic initiatives, including population health management, risk adjustment, and value-based care programs.
- Provide insights and recommendations to senior leadership based on data analysis to drive decision-making and improve financial performance.
- Collaborate with clinical and operational teams to identify opportunities for cost savings and quality improvement.
Data Management and Reporting:
- Ensure the accuracy, integrity, and security of healthcare data used for analysis and reporting.
- Oversee the development and maintenance of dashboards, reports, and analytical tools that provide actionable insights to stakeholders.
- Monitor key performance indicators (KPIs) and other metrics to track the effectiveness of initiatives and inform future strategies.
Stakeholder Collaboration:
- Serve as a key liaison between the medical economics team and other departments, including finance, operations, clinical services, and IT.
- Partner with external stakeholders, such as healthcare providers, payers, and regulatory agencies, to align on goals and share best practices.
- Present findings and recommendations to executive leadership, board members, and other key stakeholders.
Regulatory Compliance and Best Practices:
- Stay informed of industry trends, regulatory changes, and best practices in medical economics and decision support.
- Ensure that all activities comply with relevant regulations, guidelines, and standards.
Qualifications:
- Master’s degree in Healthcare Economics, Health Services Research, Public Health, Business Administration, or a related field. A PhD is preferred.
- Minimum of 7 years of experience in healthcare economics, data analysis, and decision support within a managed care or healthcare setting. At least 5 years in a leadership role.
- Advanced Excel skills.
- Knowledge of SQL and database management is a strong preference.
- Proficiency in statistical software (e.g., SAS, R, STATA), data visualization tools (e.g., Tableau, Power BI), is a bonus.
- Strong analytical and problem-solving skills with the ability to interpret complex data and translate it into actionable insights.
- Excellent written and verbal communication skills, with the ability to effectively present complex information to diverse audiences.
- Demonstrated ability to lead and manage teams, with a focus on collaboration, innovation, and results.
- Deep understanding of healthcare economics, managed care principles, value-based care, and population health management.
Who We Are:
Astrana Health (NASDAQ: ASTH) is a physician-centric, technology-powered healthcare management company. We are building and operating a novel, integrated, value-based healthcare delivery platform to empower our physicians to provide the highest quality of end-to-end care for their patients in a cost-effective manner. Our mission is to combine our clinical experience, best-in-class delivery network, and technological expertise in order to improve patient outcomes, increase access to healthcare, and make the US healthcare system more efficient.
Our platform currently empowers over 10,000 physicians to provide care for ~1 million patients nationwide. Our rapid growth and unique position at the intersection of all major healthcare stakeholders (payer, provider, and patient) gives us an unparalleled opportunity to combine clinical and technological expertise in order to improve patient outcomes, increase access to quality healthcare, and reduce the waste in the US healthcare system.
Our Values:
Our Values:
- Put Patients First
- Empower Entrepreneurial Provider and Care Teams
- Operate with Integrity & Excellence
- Be Innovative
- Work As One Team
Environmental Job Requirements and Working Conditions:
- This is a remote, US based position
- The total compensation target pay range for this role is between $180,000 and 200,000. This salary expectation represents our national target range for this role.
Astrana Health is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. All employment is decided on the basis of qualifications, merit, and business need. If you require assistance in applying for open positions due to a disability, please email us at [email protected] to request an accommodation.
Additional Information:
The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and requirements of the job change.