Fractional VP, Managed Care Contracts & Payor Strategy

Kpc Global Medical Centers Inc.

Corona (CA)

On-site

USD 132,000 - 182,000

Part time

8 days ago

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Job summary

KPC CORONA, Corona, CA, is seeking a Fractional/Contract VP to lead the development and execution of managed care contracting strategies and payor relationships for a multi-hospital system in California.

Reporting to the CFO, you will negotiate favorable contract terms with payors, drive revenue growth, and guide a cross-functional team across finance, legal, and operations to optimize contracts and financial performance.

Qualifications

  • Bachelor’s degree in healthcare administration, business, finance, or related field; master’s preferred.
  • 10+ years in managed care contracting, payor strategy, or related field.
  • 5+ years in a leadership role.
  • Proven success negotiating and executing managed care contracts.
  • Strong understanding of healthcare finance and regulatory requirements.
  • Excellent communication, negotiation, and relationship-building skills.
  • Ability to work with cross-functional teams and senior leadership.
  • Knowledge of California healthcare market and payor landscape preferred.
  • Deep understanding of CA managed care contracting including IPA’s; capitation/risk, safety nets and commercial contracting.
  • Strategic Thinking
  • Problem Solving and Effective Communication

Responsibilities

  • Develop and implement a comprehensive managed care contracting strategy to drive revenue growth and financial performance for the multi-hospital system.
  • Lead negotiations with payors to secure favorable contract terms, rates, and reimbursement structures.
  • Build and maintain strong relationships with payors to ensure successful contract negotiations and ongoing collaboration.
  • Monitor and analyze market trends, payor policies, and reimbursement rates to identify opportunities for improved financial performance.
  • Collaborate with internal stakeholders to develop and implement strategies to optimize managed care contracts and payor relationships.
  • Provide leadership and guidance to a team of managed care contracting professionals to ensure successful contract negotiations and execution.
  • Oversee the development of contract performance metrics and reporting to track progress and identify areas for improvement.
  • Serve as a subject matter expert on managed care contracting and payor strategy, providing guidance to senior leadership and other stakeholders.
  • Stay current on industry trends, regulations, and best practices related to managed care contracting and payor strategy.
  • Represent the multi-hospital system in negotiations with payors, industry events, and other relevant forums to promote the organization's interests and objectives.

Skills

Negotiation
Relationship-building
Communication
Cross-functional leadership
Strategic thinking
Team management

Education

Bachelor’s degree in healthcare administration, business, finance, or related field
Master’s degree preferred

Job description

KPC CORONA, Corona, CA, is seeking a Fractional/Contract VP to lead the development and execution of managed care contracting strategies and payor relationships for a multi-hospital system in California.

Reporting to the CFO, you will negotiate favorable contract terms with payors, drive revenue growth, and guide a cross-functional team across finance, legal, and operations to optimize contracts and financial performance.

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