Healthcare Economist - McDermott+Consulting

Healthcare Economist

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Healthcare Economist

McDermott Will & Emery is a leading global law firm helping to propel the success of today’s most respected, dynamic, and important organizations. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve. Pride and determination abound here because every member of our team is respected, supported, and inspired to exceed. We have been recognized as a top firm to work by The American Lawyer, Working Mother Magazine, Vault, and the Human Rights Campaign for both lawyers and business professionals.

McDermott+Consulting (McDermottPlus) is a Washington DC-based healthcare consulting and data analytics firm, serving a wide range of clients including health systems, physician groups, health plans, diagnostic manufacturers, medical device manufacturers, and other healthcare clients. The candidate will support clients and consultants with ongoing data analytics support as our clients’ needs expand in a changing environment that includes payment reform, measuring quality of care, and achieving cost efficiencies in care delivery. Ideal candidates are comfortable working in a fast-paced environment, managing multiple project deadlines, have independent problem-solving skills and can work collaboratively in a team environment.

McDermott+Consulting (McDermottPlus) is seeking a Healthcare Economist experienced in developing cost estimates for potential legislation, and analyzing data from the Centers for Medicare & Medicaid Services (CMS) to quantify the financial impacts of regulatory proposals to healthcare providers and other stakeholders. A key function of McDermottPlus is leveraging quantitative data and expertise to facilitate understanding and to shape client response to federal health policy developments. The Healthcare Economist will support these efforts by helping clients understand how changes in proposed legislation will impact Congressional Budget Office (CBO) cost estimates, how regulatory changes through CMS proposed and final rules will financially impact healthcare stakeholders (providers, patients, manufacturers, and insurers), and in performing other data analysis as needed. Ideal candidates are comfortable working in a fast-paced environment, managing multiple project deadlines, have independent problem solving skills and can work collaboratively in a team environment.

As part of our ongoing commitment to be #AlwaysBetter for our people, clients, and communities, we have created a culture of belonging that champions your individuality and authenticity as both a person and a professional. From our competitive compensation, top benefits and award-winning professional development programs to industry-leading wellness initiatives, we support you through every stage of your life and career so you can live a life you love both in and outside of the office.

As a Healthcare Economist you will:

– Develop cost estimates that follow Congressional Budget Office (CBO) guidelines and best practices for legislative proposals, including estimating how proposed legislation will financially impact government deficits and spending for Medicare trust funds
– Provide subject matter expertise to clients on questions related to traditional Medicare fee-for-service payment systems (e.g. outpatient prospective payment system, inpatient prospective payment system, Medicare physician fee schedule)
– Quantify the financial impacts to healthcare providers, patients, manufacturers, and other stakeholders from proposed and finalized regulatory changes through CMS proposed and final rules
– Summarize qualitatively and quantitatively key changes pertinent to clients from legislative and regulatory proposals
– Analyze Medicare claims and other healthcare datasets to inform business and policy strategy recommendations for clients and prepare reports of findings to support policy/advocacy activities of McDermottPlus
– Support articles, thought pieces, analysis, and summaries on policy developments, including legislation, executive orders, and regulations with quantitative analysis as requested
– Participate in firm business development and marketing activities including proposal and pitch writing, product development, relationship building, and other activities as requested
– Work with other McDermottPlus staff as part of a cross-functional team to deliver results to clients.

Job Requirements:

– Bachelor’s degree, or advanced degree preferred
– Experience developing CBO-like cost estimates for proposed legislation
– Familiarity with traditional Medicare fee-for-service payment policies (e.g. outpatient prospective payment system, hospital inpatient prospective payment system, Medicare physician fee schedule)
– Experience quantifying the financial impacts of proposed and final rules from CMS on healthcare providers
– In-depth knowledge of at least one programming language, preferably SAS or SQL
– Strong Microsoft Excel skills
– Experience analyzing Medicare claims data and/or other large data sets
– Ability to manage multiple high-priority projects simultaneously
– Proficient with Microsoft Office Suite
– Strong analytic, research and writing skills
– Strong presentation skills
– Familiarity with major healthcare industry stakeholders (associations, advocates, and government agencies).




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