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Program Manager, Medicaid; Hybrid

Job in Baltimore, Anne Arundel County, Maryland, 21276, USA
Listing for: CareFirst BlueCross BlueShield
Full Time position
Listed on 2026-09-15
Job specializations:
  • Business
    Business Analyst, Risk Manager/Analyst, Change Management, Financial Analyst
Salary/Wage Range or Industry Benchmark: 106632 - 211783 USD Yearly USD 106632.00 211783.00 YEAR
Job Description & How to Apply Below

PURPOSE

Drives Medicaid Risk Adjustment performance through oversight of key operational processes, performance monitoring, analytics, and strategic initiatives. Identifies trends, opportunities, and performance gaps; develops and implements improvement strategies; and communicates results to stakeholders by translating operational performance into measurable business and financial outcomes. Collaborates across departments to support organizational objectives, improve risk-adjusted revenue, optimize forecasting accuracy, and enhance overall program effectiveness.

Resp

& Qualifications PURPOSE

Drives Medicaid Risk Adjustment performance through oversight of key operational processes, performance monitoring, analytics, and strategic initiatives. Identifies trends, opportunities, and performance gaps; develops and implements improvement strategies; and communicates results to stakeholders by translating operational performance into measurable business and financial outcomes. Collaborates across departments to support organizational objectives, improve risk-adjusted revenue, optimize forecasting accuracy, and enhance overall program effectiveness.

We are looking for an experienced professional in the greater Baltimore/Washington metropolitan area who is willing and able to work in a hybrid model. The incumbent will be expected to work a portion of their week from home and a portion of their week at a Care First location based on business needs and work activities/deliverables that week.

Essential Functions
  • Analyzes aggregate Medicaid Risk Adjustment performance across the line of business, leveraging available reporting, operational metrics, and financial results to identify trends, risks, performance gaps, and improvement opportunities. Conducts detailed analyses to understand performance drivers related to risk score performance, encounter completeness, diagnosis prevalence, coding accuracy, population health characteristics, and financial outcomes, and translates findings into actionable recommendations that support organizational objectives.
  • Monitors and reports on key performance indicators, including risk score performance, encounter completeness, diagnosis prevalence and coding trends, documentation quality, data quality measures, financial impact, and forecasting performance. Synthesizes complex data into clear, actionable insights and communicates business implications, opportunities, and risks to leadership and P&L stakeholders.
  • Evaluates drivers of risk score model performance across Medicaid populations and identifies opportunities to improve predictive accuracy, encounter quality, coding accuracy, and overall program effectiveness. Reviews performance against peer organizations, market benchmarks, and organizational targets and recommends strategies and interventions to improve outcomes and maintain competitive positioning.
  • Partners with business, clinical, operational, financial, analytics, compliance, provider, vendor, and state-facing stakeholders to investigate performance drivers, validate findings, and support implementation of improvement initiatives. Influences decision-making by connecting analytical findings to measurable business and financial outcomes and monitoring results over time.
Supervisory Responsibility

Leads a team utilizing a matrix management system.

Qualifications

Education Level: Bachelor's Degree in Business Management or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Licenses/Certifications Preferred
  • Certified Project Management Professional (PMP)-PMI.
Experience

8 years project management or program management experience.

Preferred Qualifications
  • Master's Degree
  • Project Management Professional Certification (PMP)
  • 8+ years in managing Medicaid risk adjustment programs and provider incentives
  • 5+ years in value-based care for Medicaid
  • 5+ years in Provider Engagement or Provider Enablement in Medicaid
  • 5+ years in Adjusted Clinical Groups (ACG) model management
Knowledge,

Skills And Abilities

(KSAs)
  • Ability to synthesize large complex data and analysis into clear, concise, executive level presentations that allow for rapid grasp of business problem or opportunity and understanding of feasible solutions.
  • Effective understanding of how functions integrate within the division and the strategic concept behind the corporate goals.
  • Ability to translate business needs as it relates to technology, systems, and…
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