Medical Economics Analyst
About The Oncology Institute (www.theoncologyinstitute.com):
Founded in 2007, The Oncology Institute (NASDAQ: TOI) is advancing oncology by delivering highly specialized, value-based cancer care in the community setting. TOI offers cutting-edge, evidence-based cancer care to a population of approximately 1.9 million patients, including clinical trials, transfusions, and other care delivery models traditionally associated with the most advanced care delivery organizations. With over 180 employed and affiliate clinicians and over 100 clinics and affiliate locations of care across five states and growing, TOI is changing oncology for the better.
At The Oncology Institute of Hope and Innovation, our Medical Economics Analysts are catalysts for progress in oncology. By leveraging advanced data analytics, you will drive impactful insights that optimize healthcare delivery, enhance cost-efficiency, and support strategic decision-making. Your work directly contributes to the financial health of our organization, ensuring the sustainability of life-saving treatments for our patients. Join us in making a meaningful difference, where your expertise in healthcare data analysis meets our commitment to compassionate care and innovative solutions
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JOB PURPOSE AND SUMMARY:
As a Medical Economics Analyst in oncology, you play a key role by analyzing complex data to identify cost-saving opportunities, optimize pricing strategies, and ensure that new partnerships are profitable. Your work directly supports the financial health of the organization while contributing to the accessibility of life-saving treatments for patients. It’s a chance to have a real impact on both the bottom line and the fight against cancer.
You will leverage your expertise in managed care settings such as health insurance companies, accountable care organizations (ACOs), or healthcare provider groups to help us analyze and interpret complex healthcare data to support strategic decision-making, cost containment efforts, and the optimization of healthcare delivery.
Essential Roles and Responsibilities
• Generate analysis and develop key insights from various data sources to come up with actionable recommendations.
• Designing and building reports, dashboards, and analyses in Excel, SQL, and Power BI.
• Consult with internal clients to develop analyses that result in actionable insights that accelerate profitable growth or improvements.
• Prepares analysis of current or proposed operations and provides timely and concise recommendations to improve results and performance.
• Define and implement routine reports (weekly / monthly) of key performance metrics and action items and alerts.
• Work closely with other analysts and tech team to define, automate and validate the extraction of new metrics from various data sources for use in future analysis and reports.
• Work with the assigned team, as well as with other business units to solve problems with a holistic approach, owning the analytical portion.
• Perform detailed analysis on assigned projects, recommend potential business solutions, and assist with implementation.
• Identify and analyze user requirements, procedures, and problems to improve existing processes.
• Understand the "why" and "how" of data and be able to tell the story behind the information.
• Ability to thrive in a fast-paced, high-volume, and deadline-driven environment.
• Maintain confidentiality of all pertinent information.
• Bring inconsistencies and problems to the attention of management.
• Complete ad-hoc tasks and assignments as directed by manager.
Requirements
• Bachelor’s Degree in Business, Information Technology, Finance, or similar relevant field
• Has previously been in a role that uses quantitative and qualitative analysis
• Intermediate/Advanced SQL experience, query optimization preferred (2-3 years)
• Experienced with Power BI or willingness to learn (1-2 years)
• Strong Excel and VBA knowledge (2-3 years)
• Excellent working knowledge of PowerPoint and other visualization tools
• Experience presenting to non-technical audiences in a business-oriented manner – excellent written and oral communication skills
• Experienced with Python preferred
• Experienced with Salesforce preferred
• Knowledge or working knowledge of predictive, prescriptive, descriptive, and diagnostic analytics is preferred
• Healthcare Industry experience is preferred
Work Location:
Cerritos, CA (Hybrid – In-office 2x weekly)
Taglines
- World-class cancer care close to home
The estimate displayed represents the typical wage range of candidates hired. Factors that may be used to determine your actual salary may include your specific skills, how many years of experience you have and comparison to other employees already in this role.
Pay Transparency for salaried teammates
$90,000 - $120,000 USD
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