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Risk Adjustment Consulting Jobs (NOW HIRING)

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Risk Adjustment Consulting information

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$90K

$116.5K

$131.5K

How much do risk adjustment consulting jobs pay per year?

As of Aug 25, 2026, the average yearly pay for risk adjustment consulting in the United States is $116,499.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,000.00 and $130,000.00 per year, depending on experience, location, and employer.

What is risk adjustment consulting?

Risk adjustment consulting involves helping healthcare organizations accurately assess and document the health status of their patients to ensure proper reimbursement from insurance payers. Consultants in this field analyze clinical data, identify coding gaps, and recommend strategies to improve risk scores while maintaining compliance with regulations. They play a crucial role in optimizing revenue and ensuring that providers receive fair compensation for the complexity of care they deliver.

What are the key skills and qualifications needed to thrive as a risk adjustment consultant?

To thrive as a Risk Adjustment Consultant, you need expertise in healthcare data analysis, knowledge of risk adjustment models (such as CMS-HCC), and a relevant degree in health information management or a related field. Familiarity with coding systems (ICD-10), data analytics tools (such as SAS or SQL), and sometimes certifications like CRC (Certified Risk Adjustment Coder) are typically required. Strong analytical thinking, attention to detail, and effective communication skills help consultants interpret data and convey findings to diverse stakeholders. These skills ensure accurate risk scoring, regulatory compliance, and optimized reimbursement for healthcare organizations.

What are some common challenges faced by professionals in risk adjustment consulting, and how can they be addressed?

Professionals in Risk Adjustment Consulting often encounter challenges such as navigating frequently changing regulatory requirements, ensuring accurate data collection from various healthcare providers, and keeping up with evolving coding standards. Success in this role requires strong analytical skills, attention to detail, and clear communication with both clients and internal teams. Staying updated on industry best practices and leveraging technology solutions can help consultants address these challenges effectively and deliver valuable insights to improve client outcomes.

What is the difference between Risk Adjustment Consulting vs Risk Adjustment Analyst?

AspectRisk Adjustment ConsultingRisk Adjustment Analyst
CredentialsCertifications like CPC, CRC, or RHIT often preferredSimilar certifications, often entry to mid-level
Work EnvironmentConsulting firms, client sites, healthcare organizationsHealthcare providers, insurance companies, healthcare teams
Employer & IndustryConsulting firms serving healthcare industryHealthcare organizations managing risk adjustment processes
Search & Comparison IntentUnderstanding consulting roles, services, and career pathsJob responsibilities, skills, and career growth in risk adjustment

Risk Adjustment Consulting involves advising healthcare organizations on risk adjustment strategies, often working with multiple clients and providing expert guidance. Risk Adjustment Analysts focus on analyzing data, preparing reports, and ensuring compliance within healthcare providers or insurers. While both roles require similar certifications and work within the healthcare industry, consulting roles emphasize strategic advice and client interaction, whereas analyst roles are more data-driven and operational.

More about Risk Adjustment Consulting jobs

What cities are hiring for Risk Adjustment Consulting jobs?

Cities with the most Risk Adjustment Consulting job openings:

What states have the most Risk Adjustment Consulting jobs?

States with the most job openings for Risk Adjustment Consulting jobs include:

Infographic showing various Risk Adjustment Consulting job openings in the United States as of August 2026, with employment types broken down into 84% Full Time, 9% Part Time, 5% Contract, and 2% Nights. Highlights an 74% In-person, 5% Hybrid, and 21% Remote job distribution, with an average salary of $116,499 per year, or $56 per hour.

Risk Adjustment Consulting, Experienced

Blue Shield of California

Oakland, CA

Full-time

Posted 11 days ago


Blue Shield Of California rating

8.3

Company rating: 8.3 out of 10

Based on 50 frontline employees who took The Breakroom Quiz

129th of 311 rated insurance


Job description

Your Role

The Enterprise Retrospective Chart Review team oversees end to end retrospective coding operations, ensuring the accuracy, completeness, and compliance of medical record review across all risk adjusted lines of business. The team manages enterprise workflows, vendor performance, coding quality, audit readiness, and cross functional alignment with Clinical, Compliance, and Risk Adjustment partners.
 

About Blue Shield of California

As of January 2025, Blue Shield of California became a subsidiary of Ascendiun. Ascendiun is a nonprofit corporate entity that is the parent to a family of organizations including Blue Shield of California and its subsidiary, Blue Shield of California Promise Health Plan; Altais, a clinical services company; and Stellarus, a company designed to scale healthcare solutions. Together, these organizations are referred to as the Ascendiun Family of Companies. 

At Blue Shield of California, our mission is to create a healthcare system worthy of our family and friends and sustainably affordable. We are transforming health care in a way that genuinely serves our nonprofit mission by lowering costs, improving quality, and enhancing the member and physician experience. 

To achieve our mission, we foster an environment where all employees can thrive and contribute fully to address the needs of the various communities we serve. We are committed to creating and maintaining a supportive workplace that upholds our values and advances our goals.

Blue Shield is a U.S. News Best Company to work for, a Deloitte U.S. Best Managed Company and a Top 100 Inspiring Workplace. We were recognized by Fair360 as a Top Regional Company, and one of the 50 most community-minded companies in the United States by Points of Light. Here at Blue Shield, we strive to make a positive change across our industry and communities - join us!  

Our Values: 

  • Honest. We hold ourselves to the highest ethical and integrity standards. We build trust by doing what we say we're going to do and by acknowledging and correcting where we fall short. 
  • Human. We strive to listen and communicate effectively, showing empathy by understanding others' perspectives.
  • Courageous. We stand up for what we believe in and are committed to the hard work necessary to achieve our ambitious goals. 

Our Workplace Model 

We believe in fostering a workplace environment that balances purposeful in-person collaboration with flexibility - providing clear expectations while respecting the diverse needs of our workforce. Our workplace model is designed around intentional in-person interaction, collaboration, connection, creativity and flexibility:

  • For most teams, this means coming into the office two days per week.

  • Employees living more than 50 miles from an office location, out of state employees, and employees in certain member-facing roles should work with their manager to determine in-office time based on business need.

  • For employees with medical conditions that may impact their ability to work in-office, we are committed to engaging in an interactive process and providing reasonable accommodations to ensure their work environment is conducive to their success and well-being.

The Company reserves the right to require more presence in the office based on business needs, and requirements are subject to change with periodic reviews.  

    Physical Requirements:

    Office Environment - roles involving part to full time schedule in Office Environment. Based in our physical offices and work from home office/deskwork - Activity level: Sedentary, frequency most of work day.

    Please click here for further physical requirement detail. 

    Equal Employment Opportunity:

    External hires must pass a background check/drug screen. Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.

    Your Knowledge and Experience

    • Requires a college degree or equivalent experience 
    • Requires 3 years of prior relevant experience within healthcare, preferably Risk Adjustment
    • Requires practical knowledge of Risk Adjustment obtained through professional experience and advanced education
    • Requires familiarity with AI tools, including prompt engineering and workflow automation
    • Requires experience building dashboards or visual reports that support operational decision making
    • Requires strong communication skills for concise summaries and effective cross functional collaboration

    Hybrid

    This role requires employees to be in-office based on our hybrid workplace model, balancing purposeful in-person collaboration with flexibility. For most teams, this means coming into the office two days each week. Employees living more than 50 miles from an office location will work with their manager to determine in-office time based on business need.

    Your Work

    In this role, you will:

    • Analyze under the supervision of the core principles and functionality of decision and descriptive analytics including analyzing historical data, past performance and trends 
    • Develop and run programs that apply to analytic decision techniques
    • Contribute to successful programs for the team, engaged in typically one area related to vendor oversight, internal cross functional partnerships, tracking performance and measuring results
    • Continuously learn about plan data including claim, premium, membership, and risk score assignment 
    • Conduct data analysis, documenting and verifying the assumptions used in computations such as those used in member risk data and score submissions and establishing revenue accruals
    • Analyze operational performance to identify trends, risks, and improvement opportunities and to forecast retrieval volumes, coding workloads, and capacity needs using both traditional analytics and AIdriven modeling
    • Design AIenabled workflows that enhance chart ingestion, data validation, and operational reporting for risk adjustment, using AI tools to improve efficiency and consistency
    • Automate data processes by building Python and SQL solutions and applying AI applications to streamline vendor file processing, recurring reporting, and ad hoc analytics
    • Produce operational reporting through dashboards and scorecards that summarize retrieval performance, coding outcomes, and risk adjustment trends, supported by AIassisted insight generation
    • Manage data quality by ingesting weekly vendor data loads, performing QA checks, validating accuracy, and applying AI tools to support anomaly detection and data review

    What Blue Shield Of California employees say

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