Medical Economics Consultant/Manager  

Medical Economics Consultant/Manager  

17 Nov 2024
Illinois, Chicago, 60601 Chicago USA

Medical Economics Consultant/Manager  

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 750,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com . Strategy & Consulting: We work with C-suite executives, leaders and boards of the world’s leading organizations, helping them reinvent every part of their enterprise to drive greater growth, enhance competitiveness, implement operational improvements, reduce cost, deliver sustainable 360° stakeholder value, and set a new performance frontier for themselves and the industry in which they operate. Our deep industry and functional expertise is supported by proprietary assets and solutions that help organizations transform faster and become more resilient. Underpinned by technology, data, analytics, AI, change management, talent and sustainability capabilities, our Strategy & Consulting services help architect and accelerate all aspects of an organization’s total enterprise reinvention.     As a Medical Economics Manager , your primary responsibilities may include:    

Healthcare Cost Analysis

Conduct in-depth analysis of healthcare cost trends, utilization patterns, and risk factors, identifying key drivers of medical expenses and opportunities for cost control.

Evaluate claims, encounter data, and utilization reports to support client objectives and deliver actionable insights.

Financial Modeling and Forecasting

Develop and manage financial models to project healthcare costs, revenue impact, and savings associated with various healthcare programs and interventions.

Utilize advanced statistical methods to forecast healthcare trends and predict the financial impact of policy changes, population health programs, and other strategic initiatives.

Value-Based Care Analysis

Assess the financial and clinical impact of value-based care models, such as accountable care organizations (ACOs), bundled payments, and risk-based contracts.

Collaborate with clinical and operational teams to design and evaluate value-based care initiatives, focusing on both quality improvement and cost savings.

Client Strategy

Serve as a trusted advisor to clients, translating complex economic analyses into strategic recommendations to support decision-making around healthcare costs and utilization .

Conduct regular meetings with client leadership to present findings, discuss cost-saving opportunities, and align on financial goals and strategies.

Data Integration and Reporting

Oversee data integration efforts across multiple data sources, ensuring data quality and consistency in all analyses and reports.

Create comprehensive dashboards and reports to communicate healthcare cost trends, utilization patterns, and performance metrics effectively to clients.

Regulatory and Market Analysis

Monitor changes in healthcare regulations and market trends that impact medical costs, reimbursement, and pricing strategies.

Advise clients on regulatory developments and market shifts, helping them proactively adjust strategies to align with industry changes.

Cross-functional Collaboration

Work closely with clinical, operations, and IT teams to align medical economics initiatives with broader organizational goals.

Support client efforts in implementing cost-saving measures by providing analytical support and identifying opportunities for process improvements.

Team Leadership and Development

Lead and mentor a team of analysts and consultants , fostering a collaborative environment that encourages skill development and knowledge sharing.

Provide training and guidance on analytical techniques, healthcare economics, and best practices in data analysis and reporting.  

Why should I join the Accenture Health team?    

   

Innovate every day. Be at the forefront of designing and delivering health technology solutions that push boundaries and create new opportunities for our clients.    

Lead with the industry’s best . Join an industry-recognized healthcare leader with more than 20,000 global healthcare professionals collaborating to drive enterprise-wide transformational projects on a global scale. Accenture has worked with more than 200 clients to deliver healthcare transformation to meet the diverse needs of patients and members.    

Learn and grow continuously. Harness unmatched training and professional development to help you build and advance your health, consultative and delivery skills. With learning resources, interactive classroom courses, real-life client simulations and ongoing mentoring available when you need it, you’ll expand your thinking beyond the core Workday implementation.    

Qualification

Here’s what you need:    

Bachelor's degree in Economics , Finance, Statistics, Health Administration, Public Health, or a related field .

Minimum of 3 years of experience in healthcare economics, financial analysis, or healthcare consulting .

Minimum of 3 years of experience with healthcare data sources, including claims data, risk adjustment, utilization management, and healthcare cost structures.

Bonus points if you have :  

Master's degree preferred.

Experience working with or leading global teams. 

Thrive in a diverse, fast paced environment. 

An advanced degree in the area of specialization .

Exceptional problem-solving and analytical skills.

Excellent communication and presentation abilities.

Leadership experience, including team management and project oversight. 

Familiarity with predictive modeling, actuarial methods, and risk adjustment methodologies.

Experience with healthcare reimbursement models and payment methodologies, including fee-for-service, capitation, and bundled payments.

Certification or training in data analytics, health economics, or a related discipline is a plus.

Compensation at Accenture varies depending on a wide array of factors, which may include but are not limited to the specific office location, role, skill set, and level of experience. As required by local law, Accenture provides a reasonable range of compensation for roles that may be hired in California, Colorado, District of Columbia, Maryland, New York or Washington as set forth below.

We accept applications on an on-going basis and there is no fixed deadline to apply.

Information on benefits is here. (https://www.accenture.com/us-en/careers/local/total-rewards)

Role Location Annual Salary Range

Role Location Annual Salary Range

California $63,200 to $258,500

Colorado $63,200 to $223,300

District of Columbia $67,300 to $237,800

New York $58,500 to $258,500

Maryland $58,500 to $206,800

Washington $67,300 to $237,800

What We BelieveWe have an unwavering commitment to diversity with the aim that every one of our people has a full sense of belonging within our organization. As a business imperative, every person at Accenture has the responsibility to create and sustain an inclusive environment.Inclusion and diversity are fundamental to our culture and core values. Our rich diversity makes us more innovative and more creative, which helps us better serve our clients and our communities. Read more here (https://www.accenture.com/us-en/about/inclusion-diversity/us-workforce) Equal Employment Opportunity StatementAccenture is an Equal Opportunity Employer. We believe that no one should be discriminated against because of their differences, such as age, disability, ethnicity, gender, gender identity and expression, religion or sexual orientation.All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.Accenture is committed to providing veteran employment opportunities to our service men and women.For details, view a copy of the Accenture Equal Employment Opportunity and Affirmative Action Policy Statement (https://www.accenture.com/content/dam/accenture/final/accenture-com/document/Annual-Policy-Statement-Regarding-EEO-2023-Applicant.pdf#zoom=50) .Requesting An AccommodationAccenture is committed to providing equal employment opportunities for persons with disabilities or religious observances, including reasonable accommodation when needed. If you are hired by Accenture and require accommodation to perform the essential functions of your role, you will be asked to participate in our reasonable accommodation process. Accommodations made to facilitate the recruiting process are not a guarantee of future or continued accommodations once hired.If you would like to be considered for employment opportunities with Accenture and have accommodation needs for a disability or religious observance, please call us toll free at 1 (877) 889-9009, send us an email (https://www.accenture.com/us-en/about/contact-us) or speak with your recruiter.Other Employment StatementsApplicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States.Candidates who are currently employed by a client of Accenture or an affiliated Accenture business may not be eligible for consideration.Job candidates will not be obligated to disclose sealed or expunged records of conviction or arrest as part of the hiring process.The Company will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. Additionally, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the Company's legal duty to furnish information.

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