Healthcare Business Analyst

When applying, please include your resume and salary requirements to [email protected] with the following information in the subject line: "BuiltIn – Healthcare Business Analyst – YOUR NAME". Local Applicants only.
Apply now

Position: Healthcare Business Analyst – Payformance Solutions
Office: Chicago, IL

Why we’re excited to get to work:

The mission for Payformance Solutions is simple. We aim to be a catalyst for payment transformation in the healthcare industry. Our proprietary software solutions allow payers and providers to focus on what really matters: providing patients with access to care that yields the best health outcomes, at the lowest costs.

The healthcare industry is complex and fragmented. Payers and providers are faced with a lack of transparency and conflicting financial goals that fail to consider the health outcomes of patients. Payformance Solutions offers data-driven, turnkey software solutions that provide payers and providers with the technical tools and resources needed to design, evaluate, build, measure, and negotiate value-based reimbursement contracts — as a neutral third party. Our holistic solutions allow payers and providers to collaborate in an ecosystem that aligns financial goals with patient outcomes.

About You: 

We are looking for a motivated Healthcare IT Business Analyst to join our Chicago based team. We want candidates who thrive with the ability to critically evaluate information gathered from multiple sources. In addition, be a self-starter that will work with healthcare claims data to generate insights to help solve complex healthcare transformations facing payers and providers. As well as constantly learning from our clients about the challenges they face with regard to moving to Alternative Payment Models (APMs) e.g., Value-Based Care (VBC)

 
What you’ll do:

  • Provide analytical and consulting support:
    • Evaluating health plans value-based contracting strategies including contract structure, reporting capabilities, data management, settlement process, and provider performance improvement.
    • Perform analysis using big data sources that provide insight and value
    • Assist in creating reports and provide timely analysis
    • Analyze and document business processes, workflows and use cases for system design and health information exchange
    • Plan and facilitate functional design sessions
  • Conduct research regarding trends in
  • Conduct research of national claims data, medical billing payment standards, business processes, value based contracting processes, quality measurement, clinical data collection, reporting tools, and vendor products / services
  • Assist with data / business analytics needs
  • Utilize a diverse array of technologies and tools to deliver insights: Python and SQL.
  • Work with project managers to identify and document technical tasks
  • Develop testing, validation and implementation plans and processes
  • Provide support for the Payformance sales efforts, as requested.


Qualifications: What you’ll bring to the table:

  • Strong interest in health care and health reform
  • Bachelor’s degree with a strong academic record
  • Strong analytical capability as demonstrated by prior experience and or academic projects
  • Demonstrated ability to critically evaluate information gathered from multiple sources, produce requirements documents, develop use cases and process flow charts, create presentations, and to capture, track and report statistical data
  • Strong interpersonal skills and demonstrated ability to work effectively with team members and clients
  • Demonstrated aptitude at using advanced computer software including databases, OLAP tools and statistical software
  • Experience in Microsoft Office including Excel, PowerPoint, Word, Access
  • Proven ability to effectively communicate with both technical and non-technical team members
  • Proven ability to effectively work both independently and within a team
  • Knowledge of clinical terminologies such as ICD-10, ICD-9, CPT, HCPCS, DRG and NDC
  • Knowledge of interfaces/data sharing standards such as HL7, IHE,FIHR, 837/835
  • Experience on healthcare related projects developing and documenting technical requirements based on business requirements using interviews, document analysis, site visits, business process descriptions, use cases, scenarios, business analysis, task and workflow analysis preferred 


Not to boast, but a little bit about us:

Payformance Solutions is a health-tech company dedicated to advancing payment transformation in the healthcare industry. We are a wholly owned subsidiary of Altarum Institute, a nonprofit systems research and consulting organization that has been servicing government and private sector clients since 1946.

Altarum Institute (Altarum) is a nonprofit organization headquartered in Ann Arbor, Michigan. Altarum serves the public good by solving complex systems problems to improve human health. Altarum creates and implements solutions to advance health among vulnerable and publicly-insured populations. Public sector clients include the U.S. Department of Defense, Department of Health and Human Services, Department of Agriculture, Department of Veterans Affairs, the Occupational Safety and Health Administration, and various state agencies nationwide. Altarum also serves clients in the philanthropic and private sectors. Areas of expertise include health data and analytics; value-based care; public health systems design, development and information exchange; behavioral health and substance use disorders; childhood and adolescent health; medical education; food and nutrition; consumer engagement; elder care; health disparities and equity; and military and veterans’ health.

At Payformance, we don’t just accept difference - we celebrate, support, and thrive on it for the benefit of our employees, our clients, and our community. Payformance Solutions is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, status as a protected veteran, or disability.

To all recruitment agencies: Payformance does not accept agency resumes, we are not responsible for any fees related to unsolicited resumes.

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When applying, please include your resume and salary requirements to [email protected] with the following information in the subject line: "BuiltIn – Healthcare Business Analyst – YOUR NAME". Local Applicants only.
Apply now
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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • ScalaLanguages
    • D3JSLibraries
    • ExpressFrameworks
    • Node.jsFrameworks
    • VueFrameworks
    • CassandraDatabases
    • Microsoft SQL ServerDatabases
    • MongoDBDatabases
    • MySQLDatabases
    • ElasticsearchDatabases
    • Google AnalyticsAnalytics
    • IllustratorDesign
    • PhotoshopDesign
    • SketchDesign
    • AsanaManagement
    • ConfluenceManagement
    • JIRAManagement
    • SmartsheetManagement
    • WordpressCMS

Location

Or office is right on the river, from our windows you can see the Hancock Building, The Tribune Tower, and over the river into the Loop!

An Insider's view of Payformance Solutions

What are some social events your company does?

Team Holiday Event: Specialty donuts and all hands strategy meeting (Define success in 2018); Quartino's for lunch and drinks (its 5 o'clock somewhere); Art Heist @ The Escape Room (we made it out!).

Kevin

CTO

What kinds of technical challenges do you and your team face?

The technology that powers the claims systems in the Healthcare industry has not been updated since the 70s. We're building solutions that leapfrog these legacy systems while improving patient outcomes and reducing costs.

Matt

Director of Analytics

How does the company support your career growth?

Payformance sets aside budget annually for everyone to attend conferences, seminars, and enroll in continuing education.

Matt

Manager, Talent Acquisition

What's the biggest problem your team is solving?

Using data to improve patient outcomes, lower costs, and increase access. Using structured and unstructured data to address the $1 trillion opportunity, just a small piece of the overall health care spend in the US (20% GDP).

Matt

Director of Analytics

What are Payformance Solutions Perks + Benefits

Payformance Solutions Benefits Overview

We are located on the river in River North, with access to trendy restaurants and bars on Hubbard Street, various food halls such as Merchandise Mart and Wells St. Market, and right of the path from the Magnificent Mile. Each employee is provided with a company laptop that allows you to utilize our gracious work from home policy. We frequently go out as a team for drinks, sometimes paired with a round of darts or a trip to the beach! Recently Payformance Solutions contributed to the community by cleaning up the Ohio Street Beach with the Great Lakes Alliance. In addition to the daily friendly culture, we provide 100% company covered health insurance, dental and vision insurance, paid volunteer hours, unlimited PTO, 401K match, and financial assistance with your future studies! We work hard, but we also play hard!

Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Payformance Solutions provides an FSA with a annual contribution of up to $2,650. This can be used to cover orthodontic care, eyeglasses, over the counter drugs, prescriptions, and much more.
Disability Insurance
We offer Short Term Disability Insurance (75% weekly pay) and Long Term Disability Insurance (50% weekly pay) through Prudential - all company paid!
Dental Benefits
Delta Dental Plan
Vision Benefits
VSP Vision Insurance
Health Insurance Benefits
Aetna Medical Insurance
Life Insurance
Prudential Life Insurance
Wellness Programs
Kick boxing and yoga classes on site.
Onsite Gym
Gym membership is provided by the company and is located within the building. Fully equipped gym including lockers, various equipment (cardio & weights), and complimentary toiletries.
Retirement & Stock Options Benefits
401(K)
401(K) Matching
401k Matching up to 5%.
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Every quarter, members of the team can be nominated via our bonus program designed to motivate and reward employees for the attainment of operational performance goals
Child Care & Parental Leave Benefits
Child Care Benefits
Payformance Solutions provides the options to contribute to a Dependent Care FSA in which you can contribute up to $5000. This can be used towards child day care, nursery and preschool.
Generous Parental Leave
Payformance Solutions offers up to 16 weeks maternity AND 2 week paternity leave.
Flexible Work Schedule
We offer hours outside of the standard 9 - 5pm times.
Remote Work Program
Family Medical Leave
We offer long term care for employees AND immediate family members.
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
At the end of the year, you can roll over ALL of your PTO with no cap to it. In addition, there is an option to "buy back" some of it to give yourself a well earned bonus!
Paid Volunteer Time
Paid Holidays
Exempt employees are eligible for 9 paid holidays per year (6 of the days Payformance Solutions will be closed for business, the other 3 will be considered “floating” holidays).
Perks & Discounts
Beer on Tap
Not only is there beer on tap, but there is Cold Brew on tap and Kombucha on tap!
Casual Dress
Jeans are acceptable!
Commuter Benefits
In addition to our company commuter benefits, the building also provides a shuttle service from Ogilvie and Union Station!
Company Outings
Game Room
We have a pool table, foosball table, and television broadcasting various sport games.
Stocked Kitchen
Some Meals Provided
Periodically we will need to hit the books and finish a big project. There will always be pizza within arms length when that happens.
Happy Hours
Friday Happy Hours, wine and whisky. We could always use some more wine drinkers :-).
Parking
With the building, there is a 900 space parking garage and bicycle parking.
Pet Friendly
Though the building does not allow for dogs unfortunately, we have been known to have a pet hedgehog run around the office.
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement

Additional Perks + Benefits

100% employer paid medical options available • Free gym access • 401K retirement fund contribution (5%) • Healthy work/life balance… Our flexible office hours and time-off allows you to make the most of your time in and out of the office to fit your needs. Plus, an optional work-from-home abilities (after 3 months) • Work with a highly collaborative and values-driven team • Awesome co-workers!

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When applying, please include your resume and salary requirements to [email protected] with the following information in the subject line: "BuiltIn – Healthcare Business Analyst – YOUR NAME". Local Applicants only.
Apply now
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