East Region Director of Cost of Care

Job Summary

Elevance Health is seeking an experienced East Region Director of Cost of Care to lead cost‑management initiatives across the Illinois Medical District in Chicago. This senior role blends strategic oversight with hands‑on collaboration, requiring three days per week in the office.

Key Responsibilities

• Develop and execute region‑wide cost‑of‑care strategies that align with national financial targets.
• Lead cross‑functional teams—including finance, clinical operations, and analytics—to identify cost‑saving opportunities.
• Monitor and report on key performance indicators, ensuring transparency and accountability.
• Partner with senior leadership to integrate cost‑of‑care insights into broader business plans.
• Mentor and develop senior analysts and managers, fostering a culture of continuous improvement.
• Maintain compliance with regulatory requirements and internal policies.

Required Qualifications

• Bachelor’s degree in Health Administration, Finance, Business, or related field; Master’s preferred.
• Minimum 8 years of experience in healthcare cost management, preferably within a large health system.
• Proven track record of delivering measurable cost reductions.
• Strong analytical, negotiation, and communication skills.
• Ability to work onsite three days per week and travel within the region as needed.

Compensation & Benefits

Base salary: $175,479 per year. Comprehensive health, dental, vision plans, 401(k) matching, generous paid time off, and professional development resources.

Location

Illinois Medical District, Chicago, IL, United States. Alternate nearby locations may be considered for candidates within commuting distance.

Frequently Asked Questions

What does the East Region Director of Cost of Care do?

The director creates and implements cost‑of‑care strategies, leads cross‑functional teams, monitors financial performance, and ensures compliance across the Chicago region.

What are the work‑location requirements?

The role requires three days per week in the Illinois Medical District office, with flexibility for virtual work the remaining days.

What is the salary for this position?

The annual base salary is $175,479, plus a full benefits package.