VP, Medical Economics

Posted 99ds ago

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Job Description

VP, Medical Economics driving healthcare cost management initiatives for Blue Cross NC. Overseeing analytics, strategy, and operations to improve healthcare outcomes and cost containment.

Responsibilities:

  • Drive medical cost management and healthcare value initiatives across the organization.
  • Oversee Cost of Care Analytics, Healthcare Value Strategy, and Healthcare Value Operations.
  • Partner with executive and health plan leadership, clinical operations, and finance teams to ensure sustainable cost containment and improved healthcare outcomes.
  • Lead analytics to support Health Plan clinical operations and care management programs.
  • Oversee provider and value-based contracting analytics, including performance measurement and incentive modeling.
  • Direct pharmacy economics analysis to optimize drug spend and formulary strategies.
  • Oversee evaluation of program ROI for Cost of Care initiatives and recommend enhancements.
  • Maintain oversight of medical expense benchmarking and analytical tools for accurate forecasting and reporting.
  • Develop enterprise-wide strategies to reduce medical costs and achieve health plan financial targets.
  • Collaborate with cross-functional teams to identify opportunities for cost savings and value creation.
  • Build business cases for new initiatives, including financial modeling and impact analysis.
  • Ensure timely implementation and monitoring of programs designed to improve healthcare value.

Requirements:

  • Master’s Degree in Health Economics, Finance, Business Administration, Public Health, or related field or Fellow of the Society of Actuaries (FSA)
  • 10+ years of experience in healthcare economics, medical cost management, or health plan analytics.
  • Proven leadership experience managing large teams and complex initiatives.
  • Strong knowledge of health plan operations, provider contracting, pharmacy economics, and value-based care models.
  • Exceptional analytical, strategic thinking, and communication skills.

Benefits:

  • Health insurance
  • Retirement plans
  • Paid time off
  • Flexible work arrangements
  • Professional development opportunities