Expert, Contracts and Payer Negotiations

Advantum Health; Hyderabad; On-site; INR 1,400,000 - 2,300,000; Full time

Job summary

Advantum Health is seeking a commercially driven professional with deep experience in contract management and negotiation, preferably within US healthcare/RMS/RCM environments. The role focuses on managing negotiations, reviewing terms, and mitigating risks to align with strategic objectives.

The successful candidate will partner with PMO, Operations, Finance, Legal, and Leadership to close commercial agreements on time, while developing standardized templates and processes to improve contract

Qualifications

• Experience in contract management, commercial negotiations, payer contracting, healthcare contracting or related field.
• Experience in US Healthcare/RCM payer environment preferred.
• Ability to analyse contractual terms and assess business impact.

Responsibilities

• Lead and support contract negotiations with clients, vendors, payers and partners.
• Manage end-to-end contract lifecycle including drafting, review, negotiation, execution, amendments, renewals and termination.
• Review payer contracts, reimbursement terms and obligations.
• Identify commercial and financial risks and mitigations.
• Prepare negotiation analyses and management reports for leadership.

Skills

Contract management

Commercial negotiations

Payer contracting

Healthcare contracting

Analytical thinking

Financial acumen

Stakeholder management

Negotiation

Communication

MS Excel

PowerPoint

Contract/document management tools

Tools

MS Excel

PowerPoint

Contract management tools

Job description

Job Summary

We are looking for a commercially driven professional with strong experience in contract management and negotiation, preferably within the US healthcare/RMS/RCM environment. The role will be responsible for managing contract negotiations, supporting payer-related commercial discussions, reviewing contractual terms, identifying business risks, and ensuring agreements are aligned with organizational objectives.

The position will work closely with PMO, Operations, Finance, Legal, Business Development, and leadership teams to drive timely closure of contracts and commercial agreements.

Key Responsibilities

• Lead and support contract negotiations with clients, vendors, payers, and other business partners.
• Manage the end-to-end contract lifecycle, including drafting, review, negotiation, execution, amendments, renewals, and termination.
• Support payer contract negotiations, including reimbursement rates, payment terms, contractual obligations, and other commercial provisions.
• Review agreements to identify financial, operational, compliance, and commercial risks.
• Partner with Legal and Finance teams to evaluate contractual clauses and their potential business impact.
• Develop negotiation strategies based on business requirements, market conditions, financial considerations, and risk exposure.
• Coordinate with internal stakeholders to obtain inputs and approvals required for contract closure.
• Maintain a centralized repository and tracker for contracts, renewals, amendments, negotiations, and key obligations.
• Monitor contractual commitments and ensure key milestones, deliverables, and renewal timelines are tracked.
• Prepare commercial analysis, negotiation summaries, contract comparison sheets, and management reports for leadership review.
• Support leadership in preparing for high-value or strategic negotiations with clients and payers.
• Identify opportunities to improve commercial terms, reduce costs, mitigate risks, and strengthen contractual protections.
• Escalate critical contractual or commercial risks to the PMO and leadership in a timely manner.
• Develop standardized templates, negotiation frameworks, and processes to improve contract management efficiency.
• Work with the PMO on strategic projects, process improvements, and cross-functional initiatives involving contracts and commercial arrangements.

Required Skills & Experience

• 58 years of experience in contract management, commercial negotiations, payer contracting, healthcare contracting, or a related field.
• Experience in US Healthcare / RCM / Payer environment will be highly preferred.
• Proven experience independently handling contract negotiations and commercial discussions.
• Good understanding of payer contracts, reimbursement structures, payment terms, and healthcare commercial arrangements.
• Strong analytical and financial acumen with the ability to assess the commercial impact of contractual terms.
• Strong understanding of contract terminology, obligations, risk areas, and negotiation principles.
• Excellent stakeholder management and communication skills.
• Strong negotiation, influencing, and problem-solving abilities.
• Ability to work with senior leadership and manage multiple negotiations/projects simultaneously.
• Strong proficiency in MS Excel, PowerPoint, and contract/document management tools.

Key Success Measures

• Timely closure of contracts and negotiations.
• Improvement in commercial terms and contract value.
• Reduction of contractual and financial risks.
• Effective management of renewals and contractual obligations.
• Stakeholder satisfaction and turnaround time for contract-related requirements.
• Successful support of strategic payer/client negotiations.

Location: Hitech City, Hyderabad, India

Work from office

Ph: 9177078628

Address: Advantum Health Private Limited, Cyber gateway, Block C, 4th floor Hitech City, Hyderabad.

Location: https://www.google.com/maps/place/Advantum+Health+India/@17.4469674,78.3747158,289m/data=!3m2!1e3!5s0x3bcb93e01f1bbe71:0x694a7f60f2062a1!4m6!3m5!1s0x3bcb930059ea66d1:0x5f2dcd85862cf8be!8m2!3d17.4467126!4d78.3767566!16s%2Fg%2F11whflplxg?entry=ttu&g_ep=EgoyMDI1MDMxNi4wIKXMDSoASAFQAw%3D%3D

HR Dept,

Advantum Health Pvt Ltd

Cybergateway, Block C, Hitech City, Hyderabad

Ph: 9177078628