Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
 
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary

• As a Value-Based Contracting Analyst you will support network teams on implementation and administration of Value Based Contracting (VBC) agreements. The Value-Based Contracting Analyst is essential for ensuring proactive tracking and facilitating of meeting VBC agreement incentive payment commitments throughout the contract life cycle. The Value-Based Contracting Analyst position is responsible for working with data manipulation and reporting as needed to support increasingly complex requirements to support these deals.
• As part of the Value-Based Contracting Team, you will take ownership of your portfolio of markets and deals, working collaboratively with negotiators and Network managers as well as Value-Based Contracting VBC partners to ensure we meet our contractual commitments, administer incentive payments and assist in pre-deal evaluation and make recommendations. You will lead enhancements projects and project manage process improvements. You will serve as a SME on complex questions and guide and train other team members as needed.
• The larger Value-Based Contracting Team is accountable for analysis of medical costs across lines of business, supporting data for the right pricing and to develop Medical cost savings initiatives. We partner with a wide range of business units across the enterprise including other Value-Based Contracting areas and Negotiators.

Required Qualifications

• At least 1 year of professional work experience in finance or managed care.

Preferred Qualifications

• Be able to work in a fast-paced environment and meet tight deadlines
• Strong analytical, critical thinking, problem solving and communication skills
• Be able to communicate effectively with a diverse audience
• Be resourceful and can quickly and successfully adapt to change
• Working knowledge of SQL and relational databases
• Exposure to SAS or other web-query based programs
• Advanced skills in Microsoft Office Products (Excel, PowerPoint, Access)

Education

• Bachelor’s degree or equivalent experience.

Pay Range

The typical pay range for this role is:

$43,888.00 - $93,574.80

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls.  The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors.  This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. 
 
In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.  The Company offers a full range of medical, dental, and vision benefits.  Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.  The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.  As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.  
 
For more detailed information on available benefits, please visit Benefits | CVS Health

We anticipate the application window for this opening will close on: 11/29/2024

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.