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. Position Summary 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

Nice To Haves

  • Healthcare Industry experience with either a payer or provider
  • Strong preference for the candidate to sit in Texas, specifically Austin, San Antonio, and Houston.
  • 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.

Responsibilities

  • 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.

Benefits

  • Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
  • No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
  • Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service