Executive Director, Paramount Health Options

Mercy Cedar Rapids • Baltimore, MD

3d

About The Position

The Executive Director is the senior executive leader for Paramount Health Options’ affiliated organizations: Paramount Credentialing Verification Organization, Inc., Paramount Real Estate Organization, LC, and Paramount Collaborative Network, LC. The role provides strategic oversight to align business operations, payer contracting, provider network development, financial stewardship, regulatory compliance, organizational growth, and employee satisfaction.

Paramount Health Options is a provider-owned, for-profit physician-hospital organization and a joint venture with Mercy Medical Center in Cedar Rapids. It has over 2,700 members and advances the interests of physician and hospital stakeholders through strategic payer contracting, enrollment, network administration, and value-added business services. PHO is located in Cedar Rapids, Iowa.

The successful candidate will be a trusted, collaborative, financially disciplined healthcare executive with payer contracting expertise, sound judgment, strong communication skills, and the ability to work effectively with physicians, hospitals, payers, governing committees, staff, and external partners. The leader will bring strategic perspective, operational follow-through, and commitment to responsible growth, service excellence, compliance, and long-term organizational sustainability.

Requirements

• At least 10 years of progressive executive leadership experience within healthcare organizations, including PHOs, health systems, CINs, IPAs, MSOs, ACOs, or managed care organizations.
• Demonstrated success leading payer contracting and managed care strategies, including negotiation, implementation, renewal, and performance oversight of commercial, Medicare, and Medicaid agreements.
• Significant experience overseeing provider network strategy, credentialing, enrollment, compliance, and physician engagement initiatives.
• Proven financial management expertise, including budget development, performance management, data analysis, forecasting, and strategic planning.
• Experience working directly with governing boards and executive committees, providing strategic recommendations, risk assessment, and operational leadership.
• Demonstrated success leading cross-functional teams and building collaborative relationships with physicians, hospitals, payers, and external stakeholders.
• Bachelor’s degree in Healthcare Administration, Business Administration, Finance, Public Health, or a related field.
• Master’s degree required.

Nice To Haves

• A Master of Healthcare Administration (MHA), Master of Business Administration (MBA), or Master of Public Health (MPH) is preferred.

Responsibilities

• Lead payer contracting strategy, negotiations, renewals, implementation, and ongoing contract performance oversight.
• Oversee provider network development, credentialing, delegated credentialing, enrollment, roster accuracy, and provider relations.
• Manage organizational financial performance, budgeting, reporting, investment oversight, and resource stewardship.
• Support Board and committee governance through clear reporting, strategic recommendations, and execution of approved priorities.
• Ensure compliance with applicable regulatory, payer, accreditation, NCQA, HIPAA, and delegated credentialing requirements, emphasizing continuous quality improvement.
• Lead staff, strengthen operational processes, foster service excellence, and advance member satisfaction and organizational performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive