Marc Lucas
Staff Vice President, Risk Adjustment Analytics @Elevance Health
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WORK HISTORY
Staff Vice President, Risk Adjustment Analytics @Elevance Health
Washington, DC, US
Lead team of 30+ analysts to identify Risk Adjustment Documentation Improvement and Audit Risk Reduction opportunities across Medicaid in multiple markets, Individual and Small Group (ACA), and Medicare Advantage Markets. Improved Medicaid Impact from $120M to $237M despite redeterminationImproved ACA from $562M and $26PMPM to $1.2B and $46PMPMDoubled Medicare supplemental submission improvement from $1.2B to $2.4B from 2022.Identified and captured $137M in Medicare \"Other Revenue\"(ESRD CMS 2728 documentation to move beneficiaries from the community to ESRD model).Screen all Cost of Care Initiatives for Risk Adjustment Impact and prioritize Star and Medicaid Quality incentive screening for quality teams avoiding $100M in net enterprise annual losses while also identifying collaboration opportunities.Develop team and presented \"ACA RADV Rating Factors\" with Society of Actuary (SOA) students at the 2024 Annual Health Conference demonstrating through simulation the small sample volatility of current sampling as well as \"Correlations of Cost of Care and Risk Adjustment\" at the annual SOA ImpACT conference.Reduced delete impact of retrospective reviews from $250M to under $70M.
EDUCATION
The George Washington University
Master of Arts, Mathematics
United States Naval Academy
Bachelor of Science, Mathematics
SKILLS
ABOUT MARC LUCAS
Experienced Vice President of Risk Adjustment with a demonstrated history of working in the insurance industry. Skilled in Operational Planning, Management, Healthcare, Business Process Improvement, for commercial, Medicaid and Medicare. Strong finance professional with a Master of Arts focused in Mathematics from The George Washington University and retired US Navy nuclear submarine officer and master instructor.
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