Richard Schneider Email and Phone Number
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Health Care Executive Established track record in health plan, health insurance, value-based care strategy, operations, reporting and financial leadership. Proven track record of understanding and evaluating customer needs, designing insightful reporting needs and collaborating along the way to quickly make enhancements to exceed customers needs. Highly effective in collaborating across Product, Analytics, Operations and Technology to achieve organizational goals. Deep understanding and broad experience in a array of health plan fee for service and value-based care.
Xo Health Inc.
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Svp Digital Product, Intelligence & EngineeringXo Health Inc. Oct 2023 - PresentStamford, Ct, Us -
Vice President Data ProductsSignify Health Jan 2023 - Oct 2023
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Vice President Of Value-Based Care EnablementSignify Health May 2021 - Jan 2023• Created a high-performing team of 27 Product Managers/owners, Business Analysts, Data Engineers and Full Stack Engineers to support data management, reporting and analytics for the Episodes of Care (BPCI-A & Commercial), Caravan ACO and Home and Community segments.• Focused on stabilizing, standardizing and automating all aspects of reporting using Tableau, PowerBI and Looker business intelligence applications as well as our offline PowerPoint reporting offerings.• Reorganized and restricted the team to support our core functions including data management, benchmarking/metrics development, business intelligence development & the creation of a homegrown analytics platform to display insights & actions to the correct internal & external personas.• Assessed strategic initiatives and aligned my teams to deliver insights in an efficient manner.• Evaluated potential external partnerships to solidify our core business and outsource portions which were not considered core capabilities for the business.• Evaluated merger & acquisition targets from an analytic and technology perspective prior to their purchase.• Empowered my teams to alter their technology stacks to suit their needs while conforming to the company standards.
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Global Data & Analytics – Business Analytics Director – Affordability Insights Experience OwnerEvernorth Dec 2020 - May 2021St. Louis , Us•Manage strategic activities related to medical affordability solutions including solving for complex business needs, developing strategic roadmaps, and managing the development and implementation of multimillion-dollar solutions. •Create and launch the first automated tracking system for affordability, steerage and contracting actions in under 10 months. Realized approximately $18M in savings with a launched savings of $167M.•Conceptualize the creation Cigna's next generation Coordination of Benefits application to automate the collection and scrubbing of claims in order to enable web-based insights and support integration into the Affordability Management Platform (AMP) and Contract Modeling Applications.•Manage end-to-end re-platforming activities for the Healthcare Cost Trend Analytics (HCTA) tool into next generation software and lead strategic initiatives relative to the successful integration within AMP.•Lead cross-functional scrum team and Agile release train integration of tools and solutions into AMP.•Oversee all long term strategic planning for four Agile Scrum teams focused on creating the new Opportunity Detection & Coordination of Benefits tools designed to promote long-term cost saving initiatives. •Serve as interim Experience Owner for High Performance Networks and Providers while overseeing the scrum teams, long term roadmaps, and management of staff.•Lead 16 cross-functional employees, including 9 direct reports. -
Global Data & Analytics – Business Analytics Director – Affordability Insights Experience OwnerCigna Aug 2019 - Dec 2020Bloomfield, Ct, Us•Manage strategic activities related to medical affordability solutions including solving for complex business needs, developing strategic roadmaps, and managing the development and implementation of multimillion-dollar solutions. •Create and launch the first automated tracking system for affordability, steerage and contracting actions in under 10 months. Realized approximately $18M in savings with a launched savings of $167M.•Conceptualize the creation Cigna's next generation Coordination of Benefits application to automate the collection and scrubbing of claims in order to enable web-based insights and support integration into the Affordability Management Platform (AMP) and Contract Modeling Applications.•Manage end-to-end re-platforming activities for the Healthcare Cost Trend Analytics (HCTA) tool into next generation software and lead strategic initiatives relative to the successful integration within AMP.•Lead cross-functional scrum team and Agile release train integration of tools and solutions into AMP.•Oversee all long term strategic planning for four Agile Scrum teams focused on creating the new Opportunity Detection & Coordination of Benefits tools designed to promote long-term cost saving initiatives. •Serve as interim Experience Owner for High Performance Networks and Providers while overseeing the scrum teams, long term roadmaps, and management of staff.•Lead 16 cross-functional employees, including 9 direct reports. -
Global Data & Analytics – Health Plan Product Lead & Agile Product OwnerCigna Apr 2017 - Aug 2019Bloomfield, Ct, Us•Directed all prioritization, grooming and delivery for the High Performance Network and Providers project including the rebuilding of the Cigna Care Designation program to be incorporated into a new web application. •Managed two distinct scrum teams of 23 total employees using the Experience Led Agile methodology for rapid development and delivery of results every two weeks. •Led strategic activities related to Medical affordability solutions, which included solving for complex business needs, developing strategic roadmaps, and managing the development and implementation of multimillion-dollar solutions. •Drove quarterly and annual planning processes, including scope decomposition, prioritization, workforce development, financial planning, and budget reconciliation for over $10 million worth of strategic assets. •Led efforts to further implement Agile Software Development methodology into Cigna delivery infrastructure.•Concurrently managed two large scale projects supporting the enablement of narrow network creating and modeling and modeling and tracking of hospital and physician contracting and unit costs across the country. -
Medical Economics Informatics Manager – Medical Cost BenchmarkingCigna Jun 2015 - Apr 2017Bloomfield, Ct, Us•Directed national medical cost benchmarking project utilizing Cigna's claims compared to repriced Medicare IBM Watson/Truven MarketScan® data to identify contracting and cost savings opportunities. •Developed a suite of business intelligence tools using Tableau to highlight facility and hospital unit cost variations, non-par issues, procedure level contracting opportunities and similar reports for physicians. •Secured funding and worked within the Agile framework from conceptualization to production as Product Owner.•Led teams responsible for data quality, validation, claims grouper implementation and project training materials.•Wrote training materials for Medical Economics, Provider Contracting, Medical Executives and other matrix partners. -
Medical Economics Informatics Manager – Total Medical Cost ManagerCigna Sep 2013 - Jun 2015Bloomfield, Ct, Us• Managed eight analysts responsible for interpreting key drivers of medical cost results in the Mid-Atlantic market with over $4B in medical spend.• Partnered closely with local Contracting team to provide analytical, financial, and business support throughout contract or rate negotiations with Hospitals, Ancillaries, and Physician groups. • Constructed narrow and tiered networks based on cost and quality metrics of both hospital and physician practices. • Maintained oversight of the reporting, performance and financial analytics of eight ACO relationships.• Led identification, implementation and communication of cost reduction opportunities and quality improvements. -
Senior Physician Contracting UnderwriterCigna Jun 2010 - Sep 2013Bloomfield, Ct, Us• Managed and facilitated regional financial physician contracting support, reporting, initiatives, and tools creation. • Conceptualized, proposed, presented and implemented a project to improve contracts with physician groups to achieve approximately $75M in national annual savings.• Created the national anesthesia modeling tool that standardized financial reporting. • Developed and implemented a statistical approach to analyze data that falls outside the standard Cigna tools for improved financial accuracy and planning. -
Quality Management Project ManagerAetna 2008 - Nov 2009Hartford, Connecticut, Us -
Project ManagerAetna Jul 2006 - Nov 2009Hartford, Connecticut, UsQuality Management Ensured that the projects met compliance standards with the National Committee for Quality Standards (NCQA), and Centers for Medicare and Medicaid Services (CMS) specifications. Identified process improvements to augment design efficiency and standardize methodology. Developed and implemented an efficient process to streamline, store, and monitor status for over five hundred compliance standards for NCQA accreditation.Managed projects according to the NCQA Quality Management and Improvement standards of compliance.Developed regional intranet SharePoint web sites with various levels of security access and consolidated shared drives to reduce storage costs by $12K a year.Evaluated three regional audit teams’ tools and processes. Recommended and created a single solution correcting mathematical errors and eliminating manual validation with a national tool.Created a comprehensive training program. Performed software coaching and development with 45 team members to identify repetitive topics. -
Meu ConsultantAetna Jun 2006 - Sep 2008Hartford, Connecticut, Us -
ConsultantHewitt Associates Mar 2004 - Jul 2006London, GbMedical Cost & Contracting Unit Responsible for renewal contract analysis in Cincinnati, Louisville, and Colorado for hospital and physician groups contracted with Aetna. Performed monthly gross trend calculations; with the resulting data being leveraged in underwriters’ tools for rate calculations. Created financial and unit cost schedules, place of service reports, and assigned markets analysis.Responded to medical cost questions from sales and marketing teams. Project manager responsible for reporting and process improvement projects in the North Central Medical Economics Unit. Work effort resulted in the creation of a financial modeling software program. This software program eliminated regional differences and led to the creation of a national Center of Excellence; which reduced time required for duties by approximately twenty percent. -
System Configuration AnalystA.G. Edwards & Sons Jan 2003 - Dec 2003Acted as lead tester on a payroll system conversion. Additional responsibilities included the creation and implementation of a project plan to ensure system transition accuracy. Directed the data clean up and system resolution after erroneous data was loaded into production that resulted in the termination of twenty percent of all active employees. Evaluated cost reduction measures on a variety of different projects which included man-hours and computer system cost reductions.A
Richard Schneider Skills
Richard Schneider Education Details
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Millikin UniversityGeneral -
Millikin UniversityFinance
Frequently Asked Questions about Richard Schneider
What company does Richard Schneider work for?
Richard Schneider works for Xo Health Inc.
What is Richard Schneider's role at the current company?
Richard Schneider's current role is Healthcare Executive | Analytics, Value-Based Care, Fee for Service, Reporting & Business Intelligence.
What is Richard Schneider's email address?
Richard Schneider's email address is sc****@****ail.com
What schools did Richard Schneider attend?
Richard Schneider attended Millikin University, Millikin University.
What skills is Richard Schneider known for?
Richard Schneider has skills like Mathematics, Writing, Quality Management, Consulting, Financial Data, Dreamweaver, Vendors, Medicare, Health Management, Cost, Fee, System Configuration.
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