We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
candidate may reside anywhere in the US
Position Summary
The Sr. Mgr. Business Analytics is responsible for developing, maintaining, and automating reports and dashboards that track the performance of medical and payment policies. By delivering data-driven insights to leadership and other stakeholders, this role helps optimize business processes, ensure policy compliance, and identify opportunities for efficiency improvements and cost savings.
Data Analysis & Reporting:
- Extract, validate, and interpret large datasets from healthcare claims, authorizations, and payment systems.
- Conduct exploratory data analysis to identify patterns, trends, and deviations in payment or utilization.
- Evaluate medical and payment policy operations, identifying trends, patterns, and variances related to:
- Medical cost drivers and utilization patterns.
- Analyze effectiveness of medical and pre-payment policies, and precertification for delivery of insights on performance to leadership.
- Operational efficiency metrics, such as turnaround times and productivity.
- Policy compliance and adherence to regulatory requirements.
Policy Quality & Compliance:
- Review payment policies and procedures for accuracy, identifying gaps and potential inaccuracies.
- Ensure adherence to medical policies and regulatory requirements, such as federal and state legislation and HIPAA.
- Participate in the design and deployment of algorithms or automated edits to ensure correct payment and prevent overpayments.
Business Process & System Improvement:
- Collaborate with stakeholders to gather business requirements for new systems and process improvements.
- Translate complex analytical findings and business needs into clear documentation and actionable strategies.
- Provide training and ongoing support to end-users on new systems, processes, and analytical tools.
Report and Dashboard Development:
- Design, build, and maintain standard and ad-hoc operational reports and interactive dashboards using business intelligence tools (e.g., Power BI, Tableau).
Requirements Gathering:
- Collaborate with stakeholders from clinical operations, finance, and other departments to gather business requirements for new reports and analytical projects.
Data Integration and Quality: