Manager, ACO Strategy & Operations

CVS Health

Springfield (IL)

On-site

USD 66,000 - 146,000

Full time

2 days ago
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Benefits offered by this job

Paid vacation and sick leave
401K match options
Health, vision, and dental benefits
Leadership development stipends
Flexible work environments and career-

Job summary

CVS Health, including Oak Street Health, is seeking a Manager of ACO Strategy & Operations to drive value-based care initiatives and oversee regulatory success across the ACO model (REACH, MSSP, LEAD).

You will bridge clinical execution with financial performance, manage CMS/CMMI relationships, and enable clinical teams with analytics, workflows and support to maximize shared savings.

Qualifications

  • Bachelor's degree required.
  • 5+ years of value-based care experience, with REACH and MSSP knowledge.
  • Strong knowledge of CMS and CMMI programs.
  • Excellent communication and interpersonal skills.
  • Analytical mindset with strong business judgment.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Proficiency in Microsoft Office and Google Suite.
  • U.S. work authorization.

Responsibilities

  • Lead Oak Street Health's ACO operations and strategy, interfacing with CMS/CMMI and coordinating partnerships.
  • Own financial and regulatory performance of the ACO model (REACH, MSSP, LEAD).
  • Analyze contracts and drive value-based negotiations and program implementations.
  • Ensure compliant data submission and audit readiness across participating sites.
  • Collaborate with internal teams to advance strategic initiatives and resolve issues.
  • Present insights and recommendations to senior leadership and field teams.

Skills

Value-based care experience
CMS CMMI knowledge
Project management
Analytical thinking
Excel/Google Sheets proficiency
US work authorization
Effective communication

Education

Bachelor's degree
Master’s degree in Healthcare Administration / MBA / MPH

Tools

Excel
Word
PowerPoint
Google Suite

Job description

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Job Description: Manager, ACO Strategy & Operations

Oak Street Health®, a part of CVS Health, helps older adults stay healthier and live fuller lives through our 230 centers across 27 states. Our value-based care model helps us consistently deliver better patient experiences and outcomes.

Role Summary

As a Manager, ACO Strategy & Operations you will play a critical role in supporting our Oak Street Health patients, providers and business by serving as a critical leader in advancing Oak Street Health’s value-based care strategy. This role owns the operational, financial, and regulatory success of our ACO model, including ACO REACH, LEAD and MSSP. You will act as the primary bridge between clinical execution and strategic financial performance, ensuring that our clinical teams have the insights, workflows, and operational support necessary to maximize shared savings. You will approach federal government relationships with the mindset of a \"business owner,\" building and nurturing vital connections with CMS and CMMI leadership teams. The ideal candidate is a self-directed, data-driven leader who brings innovative ideas and exceptional project management skills to a fast-paced environment.

Key Responsibilities
ACO Operations & Strategy
  • Serve as the organizational leader for Oak Street Health's relationships with CMS and CMMI, overseeing contracting, contract implementation, operations, and ongoing management of the partnership.
  • Lead Government CMS and CMMI program implementations independently.
  • Project manage and own operational issues to resolution, while proactively developing and sharing ideas to improve Oak Street Health workflows.
  • Support delegated activities as required, including the identification of business requirements for system implementation and the oversight of vendor-driven activities.
Financial & Quality Performance
  • Analyze the financial implications of existing and potential future CMS and CMMI value-based programs, quantifying and communicating organizational risk to senior leadership.
  • Proactively and professionally lead value-based contract negotiations, utilizing a strong understanding of key contract terms and their impact on Oak Street’s financial and operational performance.
  • Develop a deep understanding of operations and workflows across the organization, including financial, data, and clinical quality, and their key intersection points.
Compliance & Reporting
  • Ensure strict, continuous compliance with all CMS regulations, program rules, and data submission requirements for MSSP, ACO REACH and/or LEAD.
  • Manage the annual quality reporting process, maintaining impeccable documentation and audit readiness across all participating TINs.
Cross-Functional Leadership & Provider Engagement
  • Build and nurture strategic relationships with CMS and CMMI leadership teams.
  • Collaborate with other internal teams to drive strategic initiatives and resolve outstanding issues.
  • Lead conversations proactively and strategically with executives and field leadership regarding value-add activities and initiatives.
Required Qualifications
  • Bachelor's degree.
  • 5+ years of direct experience working in value-based care, with strong knowledge and past management of REACH and MSSP ACO programs.
  • Expertise in CMS and CMMI value-based programs.
  • Excellent communication, facilitation, and interpersonal skills with the ability to be personable yet persistent.
  • Excellent problem-solving and analytical skills combined with impeccable business judgment.
  • Ability to independently pursue and implement solutions to complex problems and manage multiple priorities in a fast-paced environment.
  • Mastery of Microsoft Excel, Word, PowerPoint and Google Suite Programs.
  • U.S. work authorization.
  • Someone who embodies being “Oaky,” which includes radiating positive energy, assuming good intentions, creating an unmatched patient experience, driving clinical excellence, taking ownership and delivering results, and being relentlessly determined.
Preferred Qualifications
  • Master’s degree in Healthcare Administration (MHA), Public Health (MPH), Business Administration (MBA), or a related field.
  • Hands-on experience utilizing population health management platforms and advanced EMR integration.
Oak Street Health Benefits
  • A mission-focused career that impacts change and measurably improves health outcomes for Medicare patients.
  • Paid vacation, sick time, and investment/retirement 401K match options.
  • Health insurance, vision, and dental benefits.
  • Opportunities for leadership development and continuing education stipends.
  • New centers, flexible work environments, and opportunities for high levels of responsibility and rapid advancement.

Oak Street Health is on a mission to “Rebuild healthcare as it should be'', providing personalized primary care for older adults on Medicare, with the goal of keeping patients healthy and living life to the fullest. Our innovative care model is centered right in our patient’s communities, and focused on the quality of care over volume of services. We’re an organization on the move! With over 150 locations and an ambitious growth trajectory, Oak Street Health is attracting and cultivating team members who embody “Oaky” values and passion for our mission.

Mission-focused career impacting change and measurably improving health outcomes for Medicare patients

Paid vacation, sick time, and investment/retirement 401K match options

Health insurance, vision, and dental benefits

Opportunities for leadership development and continuing education stipends

Opportunities for high levels of responsibility and rapid advancement

What does being “Oaky” look like?
  • Radiating positive energy
  • Assuming good intentions
  • Creating an unmatched patient experience
  • Driving clinical excellence
  • Taking ownership and delivering results
  • Being relentlessly determined

Oak Street Health is an equal opportunity employer. We embrace diversity and encourage all interested readers to apply.

Anticipated Weekly Hours

40

Time Type

Full time

Pay Range

The Typical Pay Range For This Role Is

$66,330.00 - $145,860.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

Great Benefits For Great People

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 12/25/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

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