Job Summary
This job is responsible for directing negotiation of the plan's key contracts with health care providers (hospitals, PHOs, physicians, intermediate care providers). Directs financial analyses of the provider's payment history, develops approaches to manage the payout consistent with company parameters, oversees the actual negotiation process, and assumes the lead where necessary. Responsible for the development, implementation, maintenance, and updating of the plan's multiple fee schedules and payment methodologies used to reimburse institutional and professional providers. Implements network contract and reimbursement initiatives as indicated by enterprise and market strategy.
Essential Responsibilities
Education
Required : Bachelors' degree in business, finance, information management, healthcare administration or health related discipline or relevant experience and / or education as determined by the company in lieu of bachelor's degree
Preferred : Master's degree in Business or Health Care Administration
Experience
Required : 5 years of experience in health care administration / delivery / finance or a related field; 3 years of experience in a management role
Preferred : None
Licenses or Certifications
Required : None
Preferred : CPA
Skills
Preferred working knowledge of third-party payment concepts, and a solid understanding of health care finance and regional market environment; Demonstrated ability to act as a spokesman and interface with external corporate officers and consultants in contract negotiations; Superior ability to analyze data and reimbursement methods to determine strategies and issue resolution in negotiations and other business matters
Scope of Responsibility
Does this role supervise / manage other employees? Yes
Work Environment
Is Travel Required? Yes
_Disclaimer : _ The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.
_Compliance Requirement : _ This position adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies. As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company's Handbook of Privacy Policies and Practices and Information Security Policy. Furthermore, it is every employee's responsibility to comply with the company's Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.
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Director Contracting • Camp Hill, PA, US