Director of Strategic Sourcing – Preferred Experience in Managed Care, AI

Job not on LinkedIn

🕒 May 22

🇺🇸 United States – Remote

💵 $135.6k - $237.4k / year

⏰ Full Time

🔴 Lead

🛒 Procurement

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CareSource

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 30+ years

⚕️ Healthcare Insurance

Healthcare Insurance

CareSource is a health services company focused on providing affordable health insurance and healthcare solutions. It offers a wide range of plans including Medicaid, Marketplace, and Medicare Advantage, targeting low-income adults, families, children, pregnant women, elderly adults, and people with disabilities. Additionally, CareSource provides members with resources for COVID-19 support, dental, vision, and hearing benefits, as well as pharmacy services. The company emphasizes easy access to healthcare management through online platforms and a mobile app.

📋 Description

• Oversee function operations through proactive monitoring of contract volumes, contract turnaround times, process adherence, and value delivered • Oversee the vendor contract portfolio, ensuring timely action against expiring contracts, strategic planning and engagement with business owners • Deliver value to the enterprise by leveraging benchmarking, negotiations, and category management to deliver savings, increased vendor accountability, vendor consolidation • Drive Strategic Sourcing strategy via a comprehensive category management model • Conduct and lead category councils with key business owners to strategize on obtaining competitive pricing, securing favorable contract terms, and fostering robust vendor partnerships • Standardize and enhance the function’s processes including due diligence and vendor selection processes • Enhance and increase utilization of RFx processes, including Requests for Proposal (RFP) • Manage and streamline the contracting process across a diverse and extensive vendor base • Proactively engage with other departments, including third party risk, vendor risk, legal, compliance, and finance • Facilitate the state approval process for contracts

🎯 Requirements

• Bachelor's degree required • Master's degree preferred • Seven (7) years of experience within Sourcing or Procurement in a highly regulated industry required • Five (5) years management/leadership experience required • Experience in a HMO or managed care environment preferred • Experience deploying AI solutions to enhance processes preferred • Experience delivering tangible results, e.g. savings, through the Sourcing process preferred • Experience optimizing Sourcing process flows through process redesign, automation, artificial intelligence preferred • Certified Professional in Supply Chain Management (CPSM); Certified Supply Chain Professional (CSCP); or other related certification preferred • Advanced proficiency level with Microsoft Office including Outlook, Word, Excel and PowerPoint • Knowledge in Medicaid/Medicare Programs and CMS, NCQA regulations • Solid understanding of managed care, vendor agreements and the delegation process

🏖️ Benefits

• Substantial and comprehensive total rewards package • Health insurance • Retirement plans • Professional development opportunities