Contracts Director

Option Care Health • Springfield, IL

412d • $124,025 - $206,723

About The Position

The Director of Contracting is responsible for leading the entire contracting process from negotiation to execution with targeted accounts. This role is expected to be the lead negotiator with major National and Regional payers. The Contracting Director will also be responsible for managing relationships, strategy, and contracts with accounts in the defined area that manage fewer than 250K lives. The Contracting Director will coordinate directly with their Market Access, Contracting Performance, Sales, and Operations colleagues to ensure there are no barriers to access for patients. This role is also expected to lead the collaboration with Revenue Cycle Management to ensure billing requirements are contracted appropriately and timely resolutions are achieved with outstanding Accounts Receivable. This role has direct supervisory experience for Contract Managers.

Requirements

• Bachelor's degree with at least five (5) years of experience in contract analysis and development.
• At least eight (8) years of experience in a combination of Contracting, Finance, Legal, Account Management, Pricing or Corporate Strategy.
• At least three (3) years' experience in an account management role.
• Experience evaluating information to determine compliance with standards, laws, and regulations.
• Experience collaborating with internal resources to develop strategies that meet department goals within budget and established timelines.
• Experience using time management skills such as prioritizing/organizing and tracking details.

Nice To Haves

• Leadership experience

Responsibilities

• Leads the Contracting Process and acts as Lead Negotiator for all Targeted Accounts within the defined area.
• Develop the strategy for comprehensive, multi-year contracting to result in expanded coverage decisions and access to Option Care services.
• Participate in the development and presentation of strategic business reviews at least quarterly with Key Accounts.
• Ensures that Manager(s) and Analyst(s) supporting their assigned accounts understand the systems, operational processes and product pricing strategies.
• Leads the review and approval process for specific account proposals.
• Develops proposals that comply with Divisional goals and objective as well as Corporate policies and procedures.
• Ensures that contract terms and conditions reflect pricing parameters of approved account proposals.
• Acts as the subject matter expert on departmental data, business metrics and operational processes.

Benefits

• 401k
• Dental Insurance
• Disability Insurance
• Health Insurance
• Life Insurance
• Paid Time off
• Vision Insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Ambulatory Health Care Services
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees