Director Payer Contracting - Remote

Optum; Seattle (WA); Remote; USD 124,000 - 240,000; Full time

Job summary

An established industry player is seeking a Senior Director of Payor Contracting to drive strategic growth in the healthcare sector. This pivotal role involves negotiating contracts, developing business strategies, and maintaining relationships with key stakeholders. You'll have the opportunity to work remotely while leading a team dedicated to enhancing healthcare delivery. Join a mission-driven organization that values innovation and operational excellence, and be part of a culture that supports your professional growth and success. If you're passionate about transforming healthcare and making a significant impact, this role is for you.

Benefits

Comprehensive benefits package

Incentive and recognition programs

401k contribution

Equity stock purchase

Qualifications

• 5+ years of experience in managed care contracting.
• Strong understanding of clinic financials and operational processes.
• Proven strategic leadership skills.

Responsibilities

• Develop and execute strategic long-range planning for contracted payors.
• Evaluate and recommend business development opportunities.
• Oversee implementation of expansion projects.

Skills

Managed Care Contracting

Business Acumen

Strategic Leadership

Financial Analysis

Education

Bachelor's Degree

Master's Degree (Preferred)

Job description

For those who want to invent the future of health care, here's your opportunity. We're going beyond basic care to health programs integrated across the entire continuum of care. Join us to start Caring. Connecting. Growing together.

The Senior Director Payor Contracting is responsible for developing and operationalizing the strategy for the product, payor, and revenue growth plans for the WA/OR/UT/ID market. The position will drive the negotiation process with accountability for the entire process of achieving reimbursement terms that meet Optum objective. They will evaluate and negotiate contracts in compliance with company contract templates, reimbursement structure standards, and other key process controls. In addition, this leader will establish and maintain solid business relationships with Health Plans, Payor, and major market insurance brokers and purchasers.

This individual may have direct and indirect reports in multiple locations, serves as a member of the senior management team and has overall accountability for providing leadership, strategic direction, and operational excellence. They will support all aspects of payor operations, to include establishing and maintaining effective professional relationships with internal and external stakeholders. They will formulate and administer policies and procedures, participate in strategic planning and business development activities, and assist in the professional development of the contracted operations management team.

You'll enjoy the flexibility to work remotely * from anywhere within the U.S. preferably in Pacific or Mountain time as you take on some tough challenges.

Primary Responsibilities:

• Recommends, develops, and executes strategic long-range planning as it relates to contracted payors and product participation in support of the market and enterprise strategic mission, philosophy, and goals


• Evaluates and makes recommendations for business development and expansion opportunities within assigned territories


• Oversees the implementation of all expansion projects within assigned territories


• Utilize applicable financial tools and reports (e.g., internal financial models; external reports) to evaluate performance of current contracts


• Balance financial and operational impact of contracts to providers, members, payors, Optum Care Network, and different customer groups when developing and/or negotiating contract terms


• Interacts and consults with Network Pricing team to evaluate different financial arrangements and to identify and recommend applicable payment methodologies (e.g., FFS; capitation; Value-Based Care; Pay for Performance) to maximize value for stakeholders


• Ensures compliance and consistent contracting across the enterprise


• Evaluates market rates and payor performance to establish rate requests and negotiation strategies


• Communicates proposed contractual terms with payors and negotiate mutually acceptable agreement


• Monitors and/or oversee payor performance and industry trends to identify opportunities to refine, develop, and/or implement market strategies


• Represents department in internal meetings (e.g., medical management; M&R; C&S, growth, and acquisitions) to gather relevant information, present/recommend solutions, and provide updates on results/decision/activities


• Develops and/or implements contracting strategies to support new benefits designs and plans

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

• 5+ years related experience in managed care contracting with an understanding of managed healthcare


• Extensive understanding of clinic financials with the ability to analyze operations and continually implement efficient operational processes


• Proven solid business acumen and proven strategic leadership skills

Preferred Qualifications:

• 3+ years of experience leading health care negotiations and strategy


• Washington/Oregon Market Managed Care experience


• Understanding of Washington/Oregon insurance rules and regulations as it relates to managed care contracting

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy.

The salary range for this role is $124,500 to $239,400 annually based on full-time employment. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you'll find a far-reaching choice of benefits and incentives.

Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

OptumCare is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

OptumCare is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.