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Assist in the development and implementation of strategies and objectives related to managed care contracting for assigned Managed Care Organizations
Responsible for rate and language negotiation of assigned minor payor agreements
Support Director/AVP support for rate and language negotiations of major payor agreements
Assist with the development of negotiation strategy for major payors
Negotiate rate and language of small to mid-size payor agreements
Monitor, regularly review and report financial and operational performance of assigned payor contracts versus expectations
Understand and identify current risks and sources of exposure Primary Enterprise
Gather and analyze data and apply methodologies
Maintain current detailed working knowledge of all assigned payor contracts and manage System relationship with such payors
Creates and implements, based on Management feedback and information supplied by other System entities, managed care contracting policies and procedures to maximize System performance in managed care relationships
Provide System with accurate and current managed care market intelligence
Provide education on new agreements as they affect stakeholders via written communications or presentations as needed
Develop and maintain cooperative internal working relationships with all parts of the Total Enterprise to effectively evaluate and assess overall impact of contracting initiatives
Proactively work with Managed Care Analytics to report and refine reporting of contract performance, analysis and modeling tools
Work closely with Managed Care Specialist and Managed Care Senior Specialist on operational issues that become contract issues
Requirements:
Bachelor's degree required
Master's degree preferred (MBA or MHA preferred)
Minimum of 3 years experience as a contract negotiator with a large provider or 5 years small provider or payor experience as a contract negotiator with a Bachelor's degree
Minimum of 2 years experience as a contract negotiator with a large provider or 4 years small provider or payor experience as a contract negotiator with a Master's degree
What we offer:
Paid Time Off programs
Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
Flexible Spending Accounts for eligible health care and dependent care expenses
Family benefits such as adoption assistance and paid parental leave
Defined contribution retirement plans with employer match and other financial wellness programs