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We're building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time. Position Summary: The Kentucky Network Lead Director will be accountable for developing strategic partnerships for the Kentucky Medicaid Health Plan. Strong focus on designing conceptual models, initiative planning, and negotiating high value contracts with the most complex and challenging hospital systems, integrated delivery systems and large groups in accordance with company standards in order to maintain and enhance provider networks, while working cross functionally to ensure consistency with all contracting strategies and meeting and exceeding accessibility, quality, compliance, and financial goals and cost initiatives. Contracting responsibilities include Medicaid. Key focus on building strong relationships with providers as well as developing and executing contract strategies and yield market leading discount and cost positions for Aetna as well as value-based relationships that improve the quality and financial performance of Aetna's networks for its members. Responsibilities include negotiation and management of various value based payment models and management of contract performance associated with these models with key focus on provider engagement. Recruit providers as needed to ensure attainment of network expansion and adequacy targets. Accountable for cost arrangements within defined groups. Collaborates cross-functionally to manage provider compensation and pricing development activities, submission of contractual information, and the review and analysis of reports as part of negotiation and reimbursement modeling activities. Responsible for identifying and managing cost issues and collaborating cross functionally to execute significant cost saving initiatives. Represents company with high visibility constituents, including customers and community groups. Promotes collaboration with internal partners. Evaluates, helps formulate, and implements the provider network strategic plans to achieve contracting targets and manage medical costs through effective provider contracting to meet state contract and product requirements. Collaborates with internal partners to assess effectiveness of tactical plan in managing costs. Ensures resolution of escalated issues related, but not limited to, claims payment, contract interpretation and parameters, or accuracy of provider contract or demographic information. Helps mentor and develop others within the department by providing shadowing opportunities and acting as a subject matter expert.
Job Responsibility
Developing strategic partnerships for the Kentucky Medicaid Health Plan
Designing conceptual models, initiative planning, and negotiating high value contracts with the most complex and challenging hospital systems, integrated delivery systems and large groups
Maintaining and enhancing provider networks
Building strong relationships with providers
Developing and executing contract strategies
Negotiating and managing various value based payment models and management of contract performance
Recruiting providers as needed to ensure attainment of network expansion and adequacy targets
Identifying and managing cost issues
Collaborating cross functionally to execute significant cost saving initiatives
Promoting collaboration with internal partners
Evaluating, helping formulate, and implementing the provider network strategic plans
Collaborating with internal partners to assess effectiveness of tactical plan in managing costs
Ensuring resolution of escalated issues
Helping mentor and develop others within the department
Requirements
A minimum of 10 years related experience and expert level negotiation skills with successful track record negotiating contracts with large or complex provider systems
Demonstrated experience in Medicaid provider contracting, including negotiating, executing, and managing agreements with hospitals, physician groups, and ancillary providers
Hands-on experience with Behavioral Health (BH) network development and contracting, including providers across inpatient, outpatient, and community-based settings
Proven ability to manage the end-to-end contracting lifecycle (negotiation, redlining, implementation, and ongoing relationship management)
Strong knowledge of Medicaid regulations, state requirements, and network adequacy standards, with the ability to ensure compliance across market
Experience developing or supporting value-based arrangements and reimbursement models within Medicaid and Behavioral Health populations
Demonstrated ability to build, manage, and grow strategic relationships that advance long-term organizational goals
Experience presenting complex information to groups in a clear, concise, and persuasive manner, adapting style and content to audience needs
Nice to have
Proven working knowledge of provider financial issues and competitor strategies