Region Director Payer Strategy

CommonSpirit Health; Lexington (KY); Remote; USD 100,000 - 150,000; Full time

Job summary

CommonSpirit Health seeks a Director, Payer Strategy and Relationships to lead managed care policies and enhance payer negotiations. This remote role requires extensive healthcare experience and strategic insight to secure optimal reimbursement and strengthen payer relationships. Join a leading nonprofit healthcare organization dedicated to innovation and community health.

Qualifications

• Minimum of five years in healthcare or managed care industry.
• Minimum of four years of leadership experience.

Responsibilities

• Responsible for managed care policies and payer relationships.
• Develops negotiation strategies and maintains payer interactions.
• Supports strategic objectives of CommonSpirit Health.

Skills

Negotiation skills

Financial analysis

Problem assessment

Interpersonal skills

Self-motivation

Education

Bachelor’s Degree

Job description

Responsibilities

This is a remote position.

The Director, Payer Strategy and Relationships (PSR), is responsible for managed care policies, goals and objectives related to contract language and reimbursement, negotiation strategy, and payer relationships. The Director
collects and communicates Market-level insight and strategic knowledge to/from the PSR National Payer teams, the PSR Growth & Innovation team, and other key departments across the enterprise. This position is essential to
CommonSpirit Health’s financial performance, and has significant impact on the long-term strategic trajectory of the organization. This position secures optimal fee for service and value-based reimbursement, protects the
interests of the owned and/or affiliated hospitals/ancillaries/professional provider entities in contract negotiations, and strengthens CommonSpirit Health’s relationships with payers.

• Participates in the development of Market strategy, relationships, and contracts with local and national payers to further drive a clear and effective negotiation strategy, reimbursement structure, contract renewal planning process, and contract implementation. Budgeted and forecasted performance and growth requirements as set forth by national and Market senior leaders are integral to these processes.
• Gathers information and guidance from Division PSR VP, ministry leaders, internal stakeholders, and financial analysis relative to the strategic, operational, financial needs and expectations of the Market related to the National Payers; proactively communicates with the PSR National Payer teams.
• Establishes, builds, and maintains positive, strategic interactions and relationships with payers, employers, providers, and leaders across the ministry. Maintains relationships with National Payer contacts with offices in the Market. This includes maintaining appropriate Center of Excellence (COE) Designations.
• In collaboration with Division Leadership and other PSR Leadership, develops and executes communication plans and Payer Negotiation Outlines related to payer relationships, negotiations, organizational contractual obligations, and developments in the managed care marketplace including Fee For Service and Value-Based Agreements in support of CommonSpirit Health’s Healthier Communities strategy.
• Makes independent decisions and/or exercises judgment based upon appropriate information and objectives. Comprehends and maintains highly detailed information. Accepts and carries out responsibility for direction, control, and planning.
• Stays current with emerging payer trends, new reimbursement methodologies, state specific regulatory issues, plan benefits, payer activity, products and delivery channels including health insurance exchanges, market competition, etc.
• Supports the strategic objectives of CommonSpirit Health’s IDNs, population health, and care management.

#LI-CSH

Qualifications

Required Experience and Education

• Bachelor’s Degree – equivalent education and experience in payer strategy, managed care or provider network senior level role may be considered in lieu of degree
• Minimum of five (5) years of experience in healthcare or managed care industry
• Minimum of four (4) years of leadership experience

Required Minimum Knowledge, Skills, Abilities and Training

• Working knowledge of provider and payer industry
• Strength in assessing problems and implementing solutions
• Significant knowledge of contractual, administrative, health insurance and operational issues related to managed care organizations, physician groups, hospitals and health insurance benefit plan designs
• Proven and extensive technical skills, negotiation skills, contract preparation and implementation, financial analysis and rate proposal development, and in-depth knowledge of various reimbursement methodologies for both fee for service and value-based contracts.
• Demonstrated ability to set and maintain multiple priorities in an environment with shifting priorities, while providing accurate deliverables in a timely fashion.
• Strength in self-motivation and ability to assume ownership of assignments and projects.
• Driven to succeed.
• Strong interpersonal, verbal, and writing skills in dealing with payers, guests and team members.

Overview

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.