Contract Administrator

Albany Medical College; City of Albany (NY); On-site; USD 71,612 - 110,999; Full time

Benefits offered by this job

Excellent health care coverage

Support programs for emotional and mental wellbeing

Job summary

A leading medical institution in New York seeks a Contract Administrator to support payer contracting. This role involves negotiating contracts, analyzing data, and collaborating across departments to ensure compliance and enhance operational performance. The ideal candidate will have a bachelor's degree in Business or Health Care Administration and extensive experience in managed care negotiations. The position offers a salary range of $71,612.39 - $110,999.20 and promotes a supportive work environment with strong health care benefits.

Qualifications

• Bachelor's Degree in Business and/or Health Care Administration required.
• 4-6 years in managed care negotiations and managed care network operations required.
• 1-3 years in complex payer negotiations and mediation.

Responsibilities

• Negotiate with payers and make data-informed recommendations.
• Maintain relationships across AMHS and payer organizations.
• Prepare and present contract proposals.

Skills

Managed care negotiations

Contract administration

Data analysis

Risk assessment

Education

Bachelor's Degree in Business or Health Care Administration

Master's Degree in Business or Health Care Administration

Job description

Contract Administrator, System Payer Contracting page is loaded## Contract Administrator, System Payer Contractinglocations: 43 New Scotland Avenue Albany, NY 12208time type: Full timeposted on: Posted Todayjob requisition id: 68519Department/Unit:Integrated Delivery SystemsWork Shift:Day (United States of America)Salary Range:$71,612.39 - $110,999.20The Contract Administrator, System Payer Contracting (“Contract Administrator”) makes data-supported recommendations, supports the development of AMHS contracting strategies, and, as assigned, negotiates with established and new payers, both commercial and governmental. Support functions include but are not limited to economic and risk assessments in collaboration with System Finance and ensuring implementation and operational performance of such contracts, consistent with the negotiated terms. The Contract Administrator prepares contract proposals for internal review and consideration, prepares for and conducts meetings/negotiations, presentations, and other organizational functions as assigned. The Contract Administrator maintains strong relationships working collaboratively across AMHS and payer organizations. This includes but is not limited to coordinating operational input across all applicable System departments including Practice and Hospital Administration, Billing, Finance, Information Systems, Utilization Management, Quality, Credentialing, Managed Care Organizations, payer, and other related internal and external entities. For each AMHS contract portfolio the Contract Administrator assists with the development of reporting instruments including but not limited to contract performance parameters and/or profit/loss comparisons by service. The Contract Administrator works collaboratively within the Department to develop payer profiles to include but not limited to membership, market share, financials, products and volumes at AMHS.The Contract Administrator, System Payer Contracting meets with representatives of payers, managed care organizations and other agencies to assist in the evaluation of current contracts or development of new contracting opportunities to include those under Federal and NYS reform for AMHS. Reviews proposals and makes data informed recommendations for internal consideration in preparation for negotiations.In conjunction with the Director or at the direction of VP for Payer Contracting negotiates contract parameters and methodologies and prepares/presents proposals representing AMHS’s position. Works cross functionally across AMHS to evaluate and develop such proposals identifying opportunities and risks. Presents such opportunities and risks as directed. Collaborates with the Legal and Compliance Department and other departments across AMHS to ensure compliance and implementation capabilities.Works cross functionally across AMHS to review terms and performance of each established contract portfolio; makes data informed recommendations for methodology changes including but not limited to those related to value based payment identifying opportunities and risks.Mediates contract disputes to resolution and ensures compliance (both internally and externally) with contract provisions.Monitors contract renewal dates to ensure appropriate review is conducted. Coordinates with Finance and others to ensure timely/applicable contract analyses. Reviews for risks and works collaboratively with Financial Reporting to ensure appropriate modeling. Understands all modeling parameters and reports on such.Responsible for contract education to various System-wide departments, including executive leadership, Finance, Billing, Practice Administration as required. Responds to requests for further information and follow-up as required.Plans presentations and meetings including preparing narrative, overheads and handouts as assigned. Ensures accurate reporting in all prepared presentations for documentation/archiving.Monitors contract performance by independently collecting data, analyzing and completing spreadsheets to include comparative and economic assessments and reports on such. Works collaboratively with Data Analytics to develop routine reporting instruments for AMHS.Maintains broad knowledge of payers in the AMHS market and beyond, whether contracted or not. Assists with gathering of current data on all major managed care organizations, including information regarding: financials, current membership, physician networks and current/future marketing plans. Assists with the development of and prepares/presents reporting instruments for the AMHS.Maintains the absolute confidentiality of patients and AMHS contracts,Promotes and contributes positively to System-wide, intra-departmental and inter-departmental relationships by cooperating with the resolution of conflicts which may develop.Performs special projects and assignments as requested by the Director or VP for Payer Contracting. Assists with IDS Affiliate contracting processes related to payer contracting.Knowledge base must remain current in changes regarding Federal and New York State regulations of provision/reimbursement of medical services including but not limited to federal and NYS VBP Roadmaps.**QUALIFICATIONS****Education**Bachelor's Degree in Business and/or Health Care AdministrationrequiredMaster's Degree in Business and/or Health Care Administrationpreferred*Equivalent combination of relevant education and experience may be substituted as appropriate*4-6 years in managed care negotiations and managed care network operationsrequired and 1-3 year in and able to lead complex payer negotiations and mediation.Thank you for your interest in Albany Medical Center!Albany Medical is an equal opportunity employer.This role may require access to information considered sensitive to Albany Medical Center, its patients, affiliates, and partners, including but not limited to HIPAA Protected Health Information and other information regulated by Federal and New York State statutes. Workforce members are expected to ensure that:Access to information is based on a “need to know” and is the minimum necessary to properly perform assigned duties. Use or disclosure shall not exceed the minimum amount of information needed to accomplish an intended purpose. Reasonable efforts, consistent with Albany Med Center policies and standards, shall be made to ensure that information is adequately protected from unauthorized access and modification.locations: 4 Locationstime type: Full timeposted on: Posted TodayAlbany Medical Center is the centerpiece of medicine, research, and medical education in New York’s Capital Region and is the area's largest private employer with more than 10,000 employees. Albany Medical Center offers excellent career opportunities in a wide range of roles in both patient care and administration. We value all our staff members and offer including: · Excellent health care coverage with no copay at Albany Medical Center providers· A wide array of services and programs to support emotional, physical, and mental wellbeing Anchored in the state’s historic capital city, Albany Medical Center offers a full range of inpatient and outpatient care and is home to the region’s largest hospital, only Level 1 adult and pediatric trauma centers, and only children’s hospital. The downtown campus also offers opportunities at Albany Medical College. , along with , , , and the , form the Albany Med Health System, serving more than three million people over 25 counties.