Clinical Budgeting Specialist - Remote

Location: Walnut Creek, CA, USA

Req Number: Req #1676

Paradigm is an accountable specialty care management organization focused on improving the lives of people with complex injuries and diagnoses. The company has been a pioneer in value-based care since 1991 and has an exceptional track record of generating the very best outcomes for patients, payers, and providers. Deep clinical expertise is the foundation for every part of Paradigm's business: risk-based clinical solutions, case management, specialty networks, home health, shared decision support, and payment integrity programs.

We are proud to be recognized—again! For the fourth year in a row, we've been certified by Great Place to Work®, and for the third consecutive year, we've earned a spot on Fortune's Best Workplaces in Health Care™ list. These honors reflect our unwavering commitment to fostering a positive, inclusive, and employee‑centric culture where people thrive.

Watch this short video for a brief introduction to Paradigm.

We are seeking a full‑time, remote Clinical Budget Specialist. This position is responsible for the accuracy of risk‑based contract budgets and subsequent forecasts. This will be accomplished by working in collaboration with multiple teams including Clinical Operations, Provider Contracting, Bill Review, Analytics, and senior management.

• Serve as a resource for Paradigm Clinical Management staff as it relates to financial liability for all provider services and other Contract‑related costs.
• Partner with Director Clinical Solutions to manage the development of all new Contract budgets, including participation in clinical conferences.
• Research and document patient driven costs and provider rates that drive budget development and management. Utilize web driven and other electronic resources to identify potential costs, including use of CPT codes in the company’s electronic claims adjudication system.
• Complete all Provider Rate Negotiation (PRN) requests to include accurate documentation of known or estimated financial liability in the system.
• Develop relationships with providers, including preferred provider organizations (PPOs), hospitals and specialty providers, ancillary services providers, and physicians.
• Maintain current knowledge of regulatory, industry and contractual factors to ensure the accurate estimation of Paradigm’s liability on each Contract.
• Collaborate with other internal departments (Contracting, Bill Review, Accounting) to address and resolve specific patient / provider issues.
• Analyze contract budget to actual (frequency based on contract parameters) to evaluate the clinical requirements and clinical management requirements for both acute and chronic cases. Develop action plans in collaboration with the PMT to manage the budget expenditures in order to keep the Contract on track financially.
• Collaborate with the clinical team including the Director of Clinical Solutions to determine the current and future medical/financial course and its impact to the financial forecast.
• Complete detailed review of clinical progress reports for key significant financial events and/or clinical confinements as well as a comprehensive review of paid claims. Update each forecast with findings/changes to include; update and confirmation of known/future service dates and expense using reference data and/or direct contract with the providers, true‑up of forecast for completed services to paid claims, adjustment for future services based on changes in the clinical course of treatment.
• Work with the contracting department to request negotiations on interim services and escalate issues related to outstanding confinement bills variations in paid claims estimates.
• Work with the Risk Analytics Team to determine trends and identify improvements that can be made to enhance the accuracy and ease of budget development and/or forecasting.
• Participate as required in Paradigm internal staff development programs.
• Maintain reliable and predictable attendance during scheduled work hours.
• Other duties as assigned.

• Education - Bachelor's Degree in health care administration, business, finance or a related field from an…