Provider Contract Negotiation Manager

Job not on LinkedIn

November 13

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Logo of CVS Health

CVS Health

Healthcare Insurance • Retail • Wellness

CVS Health is a leading American healthcare company dedicated to improving health access and affordability. The company focuses on a comprehensive approach that includes health services, health insurance, and pharmacy benefits management. Through its subsidiaries, such as Aetna and CVS Caremark, CVS Health offers a range of services that facilitate wellness, condition management, and affordable prescription drug coverage. CVS Health operates neighborhood pharmacies, provides mail-order pharmacy services, and manages specialty medication programs, aiming to make healthcare convenient and accessible for everyone. Driven by a mission to connect people with essential care services, CVS Health is committed to fostering healthier communities and supporting the wellbeing of all individuals.

📋 Description

• Manages contract performance and drives the development and implementation of value-based contract relationships in support of business strategies • Recruits providers as needed to ensure attainment of network expansion and adequacy targets • Accountable for cost arrangements within defined groups • Collaborates cross-functionally to manage provider compensation and pricing development activities, submission of contractual information, and the review and analysis of reports as part of negotiation and reimbursement modeling activities • Responsible for identifying and managing cost issues and collaborating cross functionally to execute significant cost-saving initiatives • Represents company with high visibility constituents, including customers and community groups • Promotes collaboration with internal partners • Evaluates, helps formulate, and implements the provider network strategic plans to achieve contracting targets and manage medical costs through effective provider contracting to meet state contract and product requirements • Collaborates with internal partners to assess effectiveness of tactical plan in managing costs • May optimize interaction with assigned providers and internal business partners to facilitate relationships and ensure provider needs are met • 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

• 3 + years experience with provider contract negotiation or provider relations experience • Must reside in North Carolina or South Carolina • In-depth knowledge of the managed care industry and practices, as well as a strong understanding of strategies, practices, and financial/contracting arrangements • Must possess critical thinking, problem resolution and interpersonal skills

🏖️ Benefits

• 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 • Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility

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