Contract Negotiation Manager – Florida (Miami Dade, Broward, Palm Beach, and Treasure Coast)

CVS Health•Sunny Isles Beach, FL

9d•$60,300 - $132,600•Remote

About The Position

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. This is an individual contributor role. This position supports Miami‑Dade, Broward, Palm Beach, and the Treasure Coast regions; candidates residing in or near these areas are preferred.

Requirements

A minimum of five years of experience negotiating contracts with providers, facilities, and physician groups, including contract language development, analysis of rate proposals, identification of operational and financial improvement opportunities, and the collection and evaluation of competitive data and key financial metrics.
Uses detailed financial and market analysis to negotiate favorable contract terms.
Understanding of common contract provisions, provider reimbursement methodologies and terms, and industry standard payment policies and practices.
Understanding of provider financial issues, regulatory requirements, and competitor strategies.
Demonstrates high proficiency with Microsoft Office suite applications (e.g., Outlook, Word, Excel, etc.)
Ability to build collaborative relationships with providers and work cross-functionally to resolve complex provider contract issues.
Highly organized and able to successfully manage and prioritize multiple negotiations, issues, and other tasks to ensure completion and meet deadlines.

Nice To Haves

Experience with Commercial and Medicare lines of business.
Experience negotiating and managing contracts with large specialty provider groups.

Responsibilities

Recruits providers as needed to ensure network adequacy and achievement of network expansion goals.
Negotiates contracts with health care providers using pre-determined internal guidelines and financial standards.
Uses various sources of competitive intel to negotiate best in market discounts.
Develops rate proposals and performs financial analyses to ensure that results are within pre-determined targets.
Negotiates contract language in accordance with Aetna standards, engaging other departments as needed for review and approval of contract terms outside the standards.
Responsible for building contracts and amendments in contract management system in accordance with Aetna established guidelines, obtaining signatures, monitoring their progress post-signature, and verifying their accuracy post-release.
Manages contract performance and works with various internal departments to address questions, issues, and activities related to execution, loading, and ongoing maintenance of provider contracts.
Manages relationships with key providers and ensures resolution of escalated issues related, but not limited to, claims payment, contract interpretation and parameters, or accuracy of provider contract or demographic information.
Negotiates settlements as needed.
Responsible for identifying and making recommendations to manage cost issues and supporting cost saving initiatives.