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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 Responsibility:
Negotiate, execute, and conduct high level review and rate analysis, dispute resolution and/or settlement negotiations of contracts with larger and more complex, regional based hospital systems, large physician groups, and ancillaries
Manage contract performance and support the development and implementation of strategic, value-based contract relationships
Recruit providers as needed to ensure attainment of network expansion and adequacy targets
Responsible for identifying and managing cost issues and initiating appropriate cost saving initiatives and/or settlement activities
Represents company with high visibility constituents, including customers and community groups
Optimize interaction with assigned providers and internal business partners to facilitate relationships and ensure provider needs are met
Participates in JOC meetings
Manages complex, contractual relationships with providers according to prescribed guidelines
Accountable for cost arrangements within defined groups
Collaborates cross-functionally to manage Hospital, Ancillary and provider compensation and pricing development activities
Serves as SME for less experienced team members and internal partners
Provides network development, maintenance, and refinement activities and strategies
Assists with the design, development, management, and or implementation of strategic network configurations and integration activities
Ensures resolution of escalated issues related, but not limited to, claims payment, contract interpretation and parameters, or accuracy of provider contract or demographic information
Requirements:
Critical thinking to maintain cost management and a fully engaged network of participating hospitals, ancillaries and providers
5-7 years related experience and comprehensive level of negotiating skills with successful track record negotiating contracts with complex provider systems or groups
3+ years of related experience at an Expert level negotiation skills with successful track record negotiating contracts with large or complex health systems
Microsoft Office/Excel proficient
Ability to travel in assigned market up to 10-15% of the time as needed (Michigan)
Bachelor’s Degree or equivalent professional work experience
Nice to have:
Healthcare Industry experience with either a payer or provider
Strong communication, critical thinking, problem resolution and interpersonal skills
Understanding knowledge of Value Based Contracting
Internal Aetna system knowledge a plus
Understanding of Medicaid
Proven working knowledge of provider financial issues and competitor strategies, complex contracting options, financial/contracting arrangements and regulatory requirements
What we offer:
Affordable medical plan options
401(k) plan (including matching company contributions)
Employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching