Job summary
Job post source
This job is directly from Devoted Health
Job overview
The Director of Medical Economics at Devoted Health leads enterprise-wide cost improvement initiatives, focusing on medical expense management to enhance financial performance and patient care.
Responsibilities and impact
The role involves developing and implementing strategies to optimize medical costs, analyzing healthcare utilization and cost drivers, collaborating with cross-functional teams, forecasting financial impacts, and reporting to senior leadership.
Compensation and benefits
Salary is commensurate with experience with a broad range allowing growth; benefits include employer-sponsored health, dental, vision plans, paid time off, mobile/internet stipend, stock options, parental leave, 401K, and bonuses for eligible roles.
Experience and skills
Requires 10+ years Medicare Advantage experience with expertise in medical expenses and economics, strong analytical and communication skills, strategic leadership, and comfort in a high-growth startup; actuarial credentials and programming skills are a plus.
Work environment and culture
Devoted Health values diversity, collaboration, high ethical standards, and a supportive work environment focused on treating members like family and operating with hypercompliance.
Company information
Devoted Health is a fast-growing healthcare company founded in 2017, serving older Americans with integrated healthcare solutions combining insurance, clinical care, service, and technology.
Unique job features
The role uniquely combines medical economics expertise with strategic leadership in a high-growth startup environment focused on long-term impact and hypercompliance.
Company overview
Devoted Health is a healthcare company focused on providing Medicare Advantage plans, aiming to improve the health and well-being of older Americans through personalized care and cutting-edge technology. Founded in 2017 by Todd and Ed Park, the company leverages a combination of technology and human touch to offer high-quality, affordable healthcare services. Devoted Health makes money primarily through premiums paid by members and reimbursements from Medicare. Notably, the company has quickly gained attention for its innovative approach to healthcare and significant venture capital backing, positioning itself as a disruptor in the Medicare space.
How to land this job
Position your resume to highlight your expertise in Medicare Advantage medical economics, focusing on cost optimization, financial performance, and strategic planning as emphasized in the job description.
Emphasize your experience working cross-functionally with teams such as actuarial, clinical, finance, operations, and network management, showcasing your ability to lead enterprise-wide cost improvement initiatives.
Apply through multiple channels including Devoted Health's corporate career site and LinkedIn to maximize your visibility for this Director role.
Connect with professionals in Devoted Health’s medical economics, actuarial, or finance divisions on LinkedIn; use ice breakers like commenting on recent company growth, expressing admiration for their mission to improve senior healthcare, or asking about current cost management strategies.
Optimize your resume for ATS by incorporating keywords from the job description such as 'Medicare Advantage,' 'medical expense actuary,' 'cost optimization,' 'financial performance,' 'cross-functional collaboration,' and 'healthcare economics' to ensure your resume passes screening.
Utilize Jennie Johnson’s Power Apply feature to automate tailoring your resume, applying through multiple job portals, and identifying LinkedIn contacts, allowing you to focus your energy on preparing for interviews and networking effectively.
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