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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.
Job Responsibility:
Guides development of holistic solutions or strategic plans negotiates and executes contracts with the most complex, market /region/national, largest group/system or highest value/volume of spend providers with significant financial implications
Manages contract performance, and drives the development and implementation of value based contract relationships in support of business strategies
Recruits 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
May optimize interaction with assigned providers and internal business partners to facilitate relationships and ensure provider needs are met
Ensures resolution of escalated issues related, but not limited to, claims payment, contract interpretation and parameters, or accuracy of provider contract or demographic information
Requirements:
Critical thinking to maintain cost management and a fully engaged network of participating hospitals, ancillaries and providers
A minimum of 5 years related experience and comprehensive level of negotiating skills with successful track record negotiating contracts with facilities, ancillary and large groups
Understanding knowledge of Value Based Contracting
Microsoft Office/Excel proficient
Healthcare Industry experience with either a payer or provider
Strong communication, critical thinking, problem resolution and interpersonal skills
Internal Aetna system knowledge a plus
Understanding of Medicare & Commercial
Proven working knowledge of provider financial issues and competitor strategies, complex contracting options, financial/contracting arrangements and regulatory requirements
Bachelor’s Degree preferred or a combination of professional work experience and education
Nice to have:
Healthcare Industry experience with either a payer or provider
Strong preference for the candidate to sit in Texas, specifically Austin, San Antonio, and Houston
Internal Aetna system knowledge a plus
Understanding of Medicare & Commercial
Proven working knowledge of provider financial issues and competitor strategies, complex contracting options, financial/contracting arrangements and regulatory requirements
What we offer:
Affordable medical plan options
401(k) plan (including matching company contributions)
Employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching