Contract Specialist

DAYMARK RECOVERY SERVICES INC•Salisbury, NC

20d•$20 - $22•Onsite

About The Position

The Contract Specialist manages, prepares, and analyzes contracts for Daymark Recovery Services, Inc. The role requires knowledge of legal terminology and attention to detail to help ensure compliance with applicable laws and regulations. The specialist works with various departments to produce clear, enforceable contracts, mitigate risk, and support organizational goals. The position is located at Rowan Center in Salisbury, North Carolina. Starting pay is $20–$22 per hour, based on education and experience.

Requirements

Associate degree in business, accounting, or legal studies is required; an equivalent combination of training and work experience will be considered.
Two years of contract administration experience or experience in a similar role is preferred.
Basic accounting skills are preferred.
Knowledge of legal terminology and attention to detail to support contract compliance.

Nice To Haves

Bachelor’s degree.
Two years of contract administration or similar experience.
Basic accounting skills.

Responsibilities

Work with MCO contract denials and update service codes and demographics as needed.
Prepare new provider contracts and renew provider contracts annually, obtaining documents needed to meet company standards.
Work with HR on provider contracts to ensure compliance with regulatory, CARF, governmental, and legal requirements.
Provide monthly reports to Finance, Credentialing, and HR departments.
Obtain required documentation for new provider contracts and secure final approvals and signed copies.
Audit contracts on an ongoing basis to ensure documentation is valid and meets required guidelines.
Draft and update vendor contracts for all locations, ensuring required documentation is in place.
Track and enroll Daymark with third-party insurance companies for in-network rates and update location addresses.
Provide weekly updates to key staff about new insurance companies and annual renewals.
Monitor UPS accounts by location and petty cash reports across locations.
Work with budgets for all contracts.
Assist with year-end audits and year-end 1099 reports as needed.
Ensure DWI and facility licensure renewals for all locations with DHHS by deadlines and submit DHHS licensure change requests as needed.
Assist Staff Account III as needed.
Attend and participate in center management and appropriate company-wide meetings.
Stay current on mandatory contract language.
Perform other duties as assigned by the supervisor.