Sr. Manager, Managed Care Contracts

Adusa; Scarborough (ME); On-site; USD 120,960 - 181,440; Full time

Job summary

Ahold Delhaize USA is looking for a Contract Manager to oversee Managed Care pharmacy network negotiations. This role involves managing contract implementation, performance monitoring, and relationship management with various healthcare entities. The ideal candidate will have a Bachelor's degree and over 3 years of financial services experience, ideally within the pharmacy industry. The position offers a hybrid work schedule with core days in the Scarborough, ME office. Competitive salary range is between $120,960 and $181,440, based on experience.

Qualifications

• 3+ years of financial services experience required.
• Relevant pharmacy industry experience is preferred.

Responsibilities

• Manages activities supporting Brand participation in Managed Care pharmacy networks.
• Negotiates reimbursement rates and contract management.
• Provides financial analysis and oversight of claims processing.
• Builds relationships with key payer network partners.

Skills

Financial analysis

Negotiation

Relationship management

Contract management

Education

Bachelor's Degree

Job description

Overview

Ahold Delhaize USA, a division of global food retailer Ahold Delhaize, is part of the U.S. family of brands, which includes five leading omnichannel grocery brands - Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. Our associates support the brands with a wide range of services, including Finance, Legal, Sustainability, Commercial, Digital and E-commerce, Technology and more.

Primary Purpose

Contributes to the growth and profitability of Brand pharmacies through contracting and relationship management activities with Managed Care payers. Responsible for Managed Care pharmacy network negotiations, contract implementation and management, performance monitoring, and relationship management. Primary external point of contact for Brand pharmacies to Pharmacy Benefit Managers (PBMs), Health Plans, Large Employer Groups and other entities that sponsor pharmacy provider networks. Negotiates on behalf of the Brands for inclusion in narrow or limited Managed Care payer networks and contractual terms, conditions, and financial terms that support the Brand strategic plans, goals, and financial objectives. Responsible for communicating financial implications to brand teams, and accounting counterparts. Manages a team responsible for payment analysis, claims rebilling, contractual implementation, and compliance standards execution.

Schedule & Eligibility

Our flexible/ hybrid work schedule includes 3 in-person days at one of our core locations and 2 remote days. Our core office locations include Carlisle, PA and Scarborough, ME.

Applicants must be currently authorized to work in the United States on a full-time basis.

Responsibilities

• Manages activities supporting Brand participation in Managed Care pharmacy provider networks, including solicitation of provider agreements, review and proposal of contract language, negotiation of reimbursement rates, and contract management and retention.
• Negotiates on behalf of Brand pharmacies and aligned with Brand strategic plans and financial objectives for inclusion within payer networks, including national, regional, and local broad and narrow networks sponsored by commercial or governmental payers.
• Provides financial analysis of solicitations and communicates to brands and provides as inputs to budgeting and forecasting processes.
• Manages relationship with switch, Medicare/medical vendors and accrediting bodies, overseeing team to create edits and communicate to brand operations.
• Provides oversight and support of pharmacy claims processing, transactional analysis and contract performance management including analysis and reconciliation of effective rate contracting & DIR or performance rebate impacts, as applicable.
• Builds and retains relationships with key payer network sponsors firms, including health plans, large employer groups, Medicare Plan sponsors, etc. Responsible for financial analysis and management guidance regarding new or adjusted payer network proposals, including reimbursement rates, contractual terms, compliance standards, and performance-based fees.
• Accountable for the execution and retention of all payer network agreements on behalf of Brand pharmacies. Primary point of pharmacy network sponsor contact on behalf of the Brands and responsible for the receipt, review and response to inbound payer communication as well as network provider manuals.
• Additional job duties may be assigned as needed to meet the needs of the business and support our Values.

Requirements

• Bachelor's Degree
• 3 + years financial services experience
• Relevant pharmacy industry experience

ME/NC/PA/SC Salary Range: $120,960 - $181,440

IL/MA/MD/NY Salary Range: $139,120 - $208,680