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Healthcare Product Developer

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

Healthcare Product Development

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.

Responsibilities:

What we are looking for:

  • Our team needs a hands-on Product Developer who can work with healthcare claims data to generate insights to help solve complex healthcare transformations facing payers and providers. As Value-Based Care (VBC) product developer, you will identify the challenges payers and providers face moving to VBC. Your framing of the challenges and solutions will be based on a deep understanding of the macro- and micro- trends driving the healthcare industry towards VBC financial arrangements, and nuanced understanding of the financial and operational constraints payers and providers face.
  • Position is based in Chicago

What you’ll do:

  • You process information like an engineer, dream of front-end applications like a creative designer, have the drive of a hungry-entrepreneur BUT maintain the voice of a diplomat.
  • You are product person who is passionate about solving real problems with technology. As the bridge between technical and business worlds, it’s essential that you are a guiding light, constantly organizing and executing strategy based on data driven decisions and hypotheses, aligning with company leaders, executing and measuring result.
  • You want to build things that matter. You are a self-starter that places high value on quantitative analysis to drive product management towards scale and growth. You understand project prioritization at a macro level, but live in the trenches with the teams to outline details, guide execution and own accountability.
  • Serve as the subject matter expert on strategic and operational challenges faced by health systems in pursuing a value-based care agenda
  • Interact with health system leaders and front-line staff to gather input on strategic priorities and share back opportunities for digital solutions to drive innovation
  • Collaboratively engage health system leaders on the business case for action, framing decisions around the best fit solutions that address their challenges: (1) Interact with provider members to assess strategic context and operational constraints, (2) Develop a fact-based perspective on customer/end-user needs, constraints and opportunities, (3) Estimate the value potential of executing on specific innovation opportunities and (4) Interact with technology-enabled solution vendors to evaluate solution effectiveness
  • Support “beta” clients interacting with Payformance Solutions products
  • Work with technical staff to translate business requirements into functional requirements and specifications
  • Plan and facilitate functional design sessions
  • Develop testing, validation and implementation plans and processes
  • Create and maintain system design and operational procedure documentation
  • Provide guidance and feedback to more junior team members
  • Contributing to an innovative and team-oriented work environment with individual accountability and ownership to the success of the company
Qualifications: What you’ll bring to the table:
  • Outstanding verbal and written communication skills
  • Prior experience in computer engineering
  • Prior experience analyzing large sets of data
  • Excellent presentation and whiteboarding skills
  • 15+ years’ experience within the healthcare sector, preferably with direct experience working with or for healthcare providers in a strategic or operational capacity. Knowledge of Provider Contracting.
  • Experience working with healthcare claim codes (e.g., ICD9, ICD10, HCPCS, CPT)
  • Advanced degree in healthcare (MPH, MHA) or MBA with a focus in healthcare.
  • Knowledge of and experience with value-based care contracts and outcomes.
  • Ability to synthesize and derive insights from large amounts of activity in the healthcare market.
  • Interest in and/or experience with innovative technology-enabled healthcare solutions (e.g., digital health); experience with health care venture capital or solution implementation a plus.
  • Proven verbal and written communication skills including the ability to present to internal and external senior management teams.
  • Comfort working in an entrepreneurial environment and dealing with ambiguity.
  • Capability to succeed in a dynamic environment and produce multiple deliverables within tight timeframes.
  • Proven ability to interact directly with clients and effectively understand needs while managing expectations
  • Proven ability to effectively communicate with both technical and non-technical team members
  • Proven ability to effectively work both independently and within a team
  • Position is based in Chicago

How we’ll support you:

In addition to the meaningful and challenging work, Payformance’s dynamic work environment emphasizes integrity, personal commitment, and teamwork. We offer an outstanding benefits program that includes:

  • A competitive annual salary
  • 100% employer-paid medical option (employee, spouse, family)
  • 100% employer-paid life insurance policy
  • 100% employer-paid short-term and long-term disability insurance
  • 401k Retirement Plan (5% employer contribution)
  • 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 day once a week (after 3 months)
  • Paid maternity leave
  • Tuition reimbursement
  • Annual personal learning budget (books, conferences, etc.)
  • Thirsty Thursday team building events
  • Free gym Access
  • Awesome coworkers
  • Work with a highly collaborative and values-driven team

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 combines the analytical rigor of a research institution with the business agility of a consulting firm, the Institute is uniquely positioned to deliver practical, systems-based health and healthcare solutions to its clients. Altarum’s nonprofit status ensures that the public interest is always preeminent in our work. Our dedication to social responsibility is evident in all that we do, serving the public good with integrity and enabling others to do the same. Altarum develops and promote best practices in the application of information technology to health and health care. Applying systems research principles and analytic objectivity, we work to increase access to health information; improve the organization and usability of health information; and develop new knowledge from health information. We work to achieve these goals by addressing all aspects of information technology —policy and planning efforts, system design and development, information exchange, and the management and evaluation of specific information technology and strategies.

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.

Read Full Job Description
When applying, please include your resume and salary requirements to [email protected] with the following information in the subject line: "BuiltIn – Product Development – 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 – Product Development – YOUR NAME". Local Applicants only.
Apply now
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