Why Healthcare Payor Jobs Might Be the Right Fit For Your IT Career
If you are considering information technology jobs in healthcare, you’ve picked the right time to make your decision. By 2021, the healthcare IT market is expected to reach $280.25 billion, promising greater opportunities and more resources for skilled IT professionals to contribute to the health of millions of Americans. Healthcare providers are often the go-to choice for tech experts looking to share their talents in the medical field, but healthcare payor jobs can offer equally satisfying work and compensation. Here are a few considerations to keep in mind as you look into your next IT job opportunities.
1.) Deliver Business Value and Human Impact
The work of tech professionals in different industries impacts businesses, their customers, and their bottom line in unique ways. IT professionals’ output for the financial or insurance industries typically improves product lines, cuts down expenses, and increases revenue generation. Though positive outcomes trickle down to customers, it’s not the primary focus of their work. However, healthcare payor jobs allow tech professionals to not only promote the business, but make observable impact in people’s lives.
Here’s an example. A Data Analyst working in the payor space has the ability to influence these companies in a more holistic way. Reviewing multifaceted data such as EMRs, revenue cycle figures, and risk management information can improve healthcare payor business processes by pinpointing potential efficiencies and eliminate redundancies. Additionally, they can assess member data and larger healthcare trends to not only improve HEDIS measures, but contribute to the proactive care of all healthcare members. Essentially, their work provides robust business value and human impact.
2.) Leading Edge Technology Is Within Your Reach
Since the healthcare IT market is in growth mode, healthcare payor consulting or full-time work increasingly involves a sophisticated array of leading edge technologies. Healthcare organizations are migrating in greater numbers to the cloud, despite the 52.57% of CIOs who have concerns about compliance, security, and privacy. Increased implementation of data management and analytics is allowing healthcare payors to make smarter decisions using their extensive data. Moreover, ransomware and other attacks has encouraged more healthcare payor companies to expand their cybersecurity strategy and face the most pressing cyberthreats.
What does that mean in practice for tech professionals considering healthcare payor jobs? Data Analysts, ETL Developers, and Data Architects will have access to diverse and engaging data sets that fill data lakes to the brim. Cloud Engineers and Cloud Architects will be challenged to build or implement sophisticated data warehouses and platforms that integrate disparate sources into an easy-to-use system. Cybersecurity professionals will have the chance to protect high-profile, highly sensitive data from hackers all too eager to sell that information on the black market. Regardless of the position, you’ll be working with reliable technologies on top-tier challenges to yield best-in-class results.
3.) Shape Strategy from a Crucial Role
Do you no longer feel like your work matters? That can happen for a variety of reasons ranging from your feelings about your real-world impact to your ability to contribute to the larger strategy. When it comes to the latter, IT professionals who work for healthcare payor companies are rarely lacking in strategic impact.
Since the healthcare IT market is in the midst of rapid growth, most payors want to hire consultants who are willing to speak up and implement their technical expertise to ensure the company’s competitive edge. They want a subject matter expert who not only knows their craft, but is capable of leveraging it in the ever-evolving healthcare space. If you are part of the 30% of IT professionals willing to change jobs for more responsibility, healthcare payor jobs are a great fit for that very reason.
Want to find healthcare payor jobs that align with your technical skill set? Search our jobs or reach out to one of our recruiters to find jobs that will enhance your career in the long term.