Sr. Network Contracting Manager

Optum; St. Louis (MO); Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Network Contracting Manager to enhance its provider network in a dynamic environment. This role involves negotiating contracts, building relationships with healthcare providers, and utilizing financial tools to ensure a stable and competitive network. The ideal candidate will have a strong background in managed care and a proven track record in network contracting. Join a forward-thinking company that values innovation and offers opportunities for professional growth while tackling challenging tasks in a supportive atmosphere.

Qualifications

• 3+ years of experience in network contracting or provider relations.
• Ability to assess financial and operational impacts of contracts.
• Understanding of competitor landscape and market intelligence.

Responsibilities

• Drive development of a competitive provider network.
• Negotiate contracts and establish solid relationships with providers.
• Monitor provider financial performance and network trends.

Skills

Network Contracting

Provider Relations

Contract Negotiation

Financial Analysis

Sales Skills

Tools

Emptoris

PEGA

Contract Attachment Repository

Job description

Senior network contracting manager will drive development of the provider network (physicians, hospitals, pharmacies, ancillary groups & facilities, etc.) yielding a geographically competitive, broad access, stable network that achieves objectives for unit cost performance and trend management. The developed network will produce an affordable and predictable product for customers and business partners.

If you are located in St. Louis, MO, you will have the flexibility to work remotely* as you take on some tough challenges.

Primary Responsibilities:

• Conducts outreach to potential providers, researching to identify the correct contact and doing cold calling


• Drives development of the provider network (physicians, pharmacies, ancillary groups & facilities, etc.) yielding a geographically competitive, broad access, stable network that achieves objectives for cost performance


• Selling the Optum value proposition to new potential providers via video calls and in person meetings


• Performs contract negotiation and pricing - evaluates and negotiates contracts in compliance with company contract templates, reimbursement structure standards, and other key process controls


• Establishes and maintains solid business relationships with Hospital, Physician, Pharmacy, or Ancillary providers, and ensures the network composition includes an appropriate distribution of provider specialties


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


• Support evaluation of market rates and provider performance (e.g., billing patterns; referral patterns; quality and effectiveness) in order to establish provider rates and negotiation strategies


• Explain the organization's direction and strategy to internal partners and providers in order to justify methodologies, processes, policies, and procedures


• Identify and gather information regarding provider issues in order to develop and/or implement strategy to resolve matter, keep manager informed of progress, or escalate issue to appropriate internal business partner


• Represent department in external meetings (e.g., ancillary providers; physician groups; facilities) to gather relevant information, recommend solutions, execute on deliverables as assigned and explain results/decision/activities


• Monitor and/or oversee provider financial performance to identify opportunities to improve performance and/or provider relationship


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


• Other duties as assigned

Key Work Attributes:

• Reviews the work of others. Provides explanations to others on the most complex issues


• Develops innovative approaches


• Sought out as expert/Serves as a leader/mentor


• Anticipates customer needs and proactively develops solutions to meet them


• Serves as a key resource on complex and/or critical issues


• Ability to adapt quickly as an high growth less mature business contributes to a dynamic, fluid, high learning work environment


• Forecasts and plans resource requirements


• May lead functional or segment teams or projects


• Motivates and inspires other team members

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.

Qualifications - External

Required Qualifications:

• 3+ years of experience with network contracting or provider relations in a managed care environment


• Demonstrate understanding of and utilize applicable financial tools and reports (e.g., internal financial models, external reports) to develop rates


• Demonstrate understanding of contract language in order to assess financial and operational impact and legal implications of requested contract changes


• Demonstrate understanding of competitor landscape within the market (e.g., rates, market share, products, provider networks, market intelligence, GeoAccess)


• Demonstrated ability to utilize appropriate contract management systems (e.g., Emptoris, PEGA, Contract Attachment Repository) to author and execute contracts and to access supplemental contractual documents

Preferred Qualifications:

• Proven success in a sales environment