Vice President of Payor Relations
2500 Maitland Center Pkwy , Suite 250 Maitland, FL 32751 US
Job Description
They Offer:
- Salary up to $210,000 and a 25% bonus!
- Hybrid work flexibility – 2 days work from home!
- Great benefits; 401k, Medical, Dental, Vision, and more!
- Stability within an established and growing organization.
Payer Contracting & Relationship Management:
- Build and maintain strong relationships with third-party payers, providing education on Medication Assisted Treatment (MAT) and its dynamics.
- Lead and manage contract enrollment, credentialing, and recredentialing processes.
- Oversee the creation and implementation of new health plan contracts, providing interim activity reports as needed.
- Manage the timely renewal, revalidation, and renegotiation of contracts; develop and maintain a contract tracking system to ensure all contracts are reviewed and renewed on schedule.
- Continuously monitor the payer landscape through industry assessments and reports to identify opportunities for strategic growth.
Contract Negotiations & Performance:
- Act as the main point of contact for all payer contract negotiations.
- Support the negotiation, implementation, and performance tracking of value-based contracts, ensuring alignment with both financial and quality objectives.
- Partner with the Revenue Cycle Operations team and other key stakeholders to develop and enforce guidelines, policies, and best practices for payer/provider interactions.
Collaboration & Reporting:
- Collaborate with the Audit & Analyst team to evaluate and respond to payment proposals, as well as develop financial models and analysis tools.
- Work with the Senior Vice President of Revenue Management to address and resolve complex payer-related issues.
- Design and implement key performance indicators (KPIs) to track contract performance and ensure that turnaround times and service levels are met.
Team Development & Leadership:
- Supervise, mentor, and develop a team of up to three direct reports, including Credentialing Coordinators, Contract Administrators, and Revenue Cycle Management Analysts.
- Cultivate a collaborative team culture that promotes continuous learning, knowledge sharing, and cross-functional cooperation.
- Set clear performance expectations, address challenges, and ensure the timely completion of department objectives.
- Bachelor’s degree in Business, Healthcare Administration, or a related field.
- Proven experience in payer contracting, provider relations, and managed care operations.
- Previous leadership experience managing teams in a healthcare or insurance environment.
- Strong understanding of payer contract structures, enrollment processes, and reimbursement methodologies.
- Exceptional communication skills, both written and verbal, with the ability to negotiate and resolve disputes.
- Ability to analyze complex contract terms, financial data, and performance metrics.
- Proficiency in using contract management systems, databases, and Microsoft Office Suite (Excel, Word, PowerPoint).
- Experience in Medicaid, Medicare, and commercial payer environments a plus.
- High degree of professionalism, confidentiality, and attention to detail.
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