What are the responsibilities and job description for the Principal, Payer Strategy and Contracting position at ECG Management Consultants?
Overview
With over 50 years of proven success, ECG, ranked as a Best Small Firm to Work For 2024 by Consulting Magazine, is the most experienced healthcare consulting firm in the U.S. Working exclusively in this space, our people prove—over and over again—their ability to solve challenges for providers and achieve better outcomes for patients. Across our nine office locations, we’re seeking individuals who will show the courage to find innovative solutions and make a direct impact on the delivery of healthcare services across our country.
About ECG
With knowledge and expertise built over the course of 50-plus years, ECG is a national consulting firm that is redefining healthcare together with its clients. ECG offers a broad range of strategic, financial, operational, and technology-enabled consulting services. ECG is an industry leader offering specialized expertise to clients across the full continuum of care, including hospitals, health systems, medical groups, academic medical centers, children’s hospitals, cancer centers, ambulatory surgery centers, investors, and payers/health plans.
At ECG, our consultants are working to create a healthier future for every patient. By creating partnerships with our clients and asking the tough questions, we provide honest, tailored solutions that empower them to maximize their resources. Together with our clients, we’re making healthcare more accessible, sustainable, and effective for the patients and communities they support. We’re looking for leaders to join our passionate team, combining experience and courage to make impactful changes in healthcare. ECG is committed to ensuring a supportive, inclusive, and equitable work environment that embraces DEI, where we recognize performance, communicate openly and transparently, and value work-life balance.
Join Our Payer Strategy and Contracting (PSC) Division
Our PSC Division guides clients through payer strategy development, reimbursement analysis and design, contract negotiations, and other strategic and operational issues affecting commercial and government revenue streams. As part of our team, you’ll help our clients optimize their managed care contract portfolios and develop successful value-based reimbursement strategies.
PSC engagements include work with inpatient, outpatient, professional, behavioral health, post-acute, and ancillary providers, as well as payers. We assist clients primarily in the three areas below.
Contracting and Reimbursement
Our Contracting and Reimbursement practice is an industry leader in healthcare payment reform and accountable care strategies for large, complex healthcare organizations, including major health systems and provider-owned health plans. We help our clients:
We offer our clients comprehensive value- and risk-based payment program development services, including planning, implementing, and optimizing value-enhancing care models. Common projects include:
Our Payer Services practice advises traditional and provider-owned insurance companies in areas such as:
As a principal at ECG, you’ll be a critical member of our consulting team and firm leadership. You will partner with some of the industry’s best, make a real difference in people’s lives, and grow personally and professionally while doing so.
Principal at ECG is a significant leadership position within the firm, a stepping-stone to the role of partner (i.e., principal with equity and a greater focus on business development). A principal is someone who has already emerged as an industry thought leader capable of leading complex engagements with superior practice-building and client relationship-management skills.
ECG is the sum of its people, and we seek excellent leaders who are dedicated to the firm’s recruitment, professional growth, and engagement of exceptional talent. We expect our principals to champion our culture focused on quality, inclusion, collaboration, and growth through innovation.
Your Responsibilities May Include
Atlanta, Boston, Chicago, Dallas, Minneapolis, San Diego, or Washington DC
Candidates will be required to work a hybrid schedule with a minimum of two days in office when not traveling for a client engagement.
Schedule
Full time/exempt
What You Can Expect Of Us
To reward our driven, innovative, and passionate employees, we’ve built a company culture that’s centered on performance. We offer an attractive compensation package, challenging work, and an entrepreneurial environment where you can take ownership of your career—and get out as much as you put in.
The estimated base salary range for this job is $255,000 - $283,500 annually. It represents a good faith estimate of the range that ECG reasonably expects to pay at the time of the job posting. The actual salary paid will vary based on multiple factors, including but not limited to years of experience, special skills, and market changes. This job is eligible to participate in ECG’s annual incentive compensation program, which reflects ECG’s pay-for-performance philosophy. The job is also eligible to participate in ECG’s benefit plans, which include medical, dental, and vision coverage; a 401(k) matching program; unlimited PTO; and other wellness programs.
Apply now and make an impact for years to come.
To begin the recruitment process, please submit your resume via our career site at https://careers.ecgmc.com.
ECG provides equal employment opportunities to all employees and applicants for employment without regard to sex, race, color, religion, national origin, citizenship, ancestry, age, disability, pregnancy, medical condition (cancer and genetic characteristics), genetic information, gender, gender identity or expression, sexual orientation, marital status, military or veteran status, or any other legally protected characteristic. People of color are encouraged to apply. We participate in E-Verify as part of our onboarding process. Having the permanent legal right to work in the United States is a condition of employment. ECG is not currently able to provide assistance to candidates requiring sponsorship or a visa.
With over 50 years of proven success, ECG, ranked as a Best Small Firm to Work For 2024 by Consulting Magazine, is the most experienced healthcare consulting firm in the U.S. Working exclusively in this space, our people prove—over and over again—their ability to solve challenges for providers and achieve better outcomes for patients. Across our nine office locations, we’re seeking individuals who will show the courage to find innovative solutions and make a direct impact on the delivery of healthcare services across our country.
About ECG
With knowledge and expertise built over the course of 50-plus years, ECG is a national consulting firm that is redefining healthcare together with its clients. ECG offers a broad range of strategic, financial, operational, and technology-enabled consulting services. ECG is an industry leader offering specialized expertise to clients across the full continuum of care, including hospitals, health systems, medical groups, academic medical centers, children’s hospitals, cancer centers, ambulatory surgery centers, investors, and payers/health plans.
At ECG, our consultants are working to create a healthier future for every patient. By creating partnerships with our clients and asking the tough questions, we provide honest, tailored solutions that empower them to maximize their resources. Together with our clients, we’re making healthcare more accessible, sustainable, and effective for the patients and communities they support. We’re looking for leaders to join our passionate team, combining experience and courage to make impactful changes in healthcare. ECG is committed to ensuring a supportive, inclusive, and equitable work environment that embraces DEI, where we recognize performance, communicate openly and transparently, and value work-life balance.
Join Our Payer Strategy and Contracting (PSC) Division
Our PSC Division guides clients through payer strategy development, reimbursement analysis and design, contract negotiations, and other strategic and operational issues affecting commercial and government revenue streams. As part of our team, you’ll help our clients optimize their managed care contract portfolios and develop successful value-based reimbursement strategies.
PSC engagements include work with inpatient, outpatient, professional, behavioral health, post-acute, and ancillary providers, as well as payers. We assist clients primarily in the three areas below.
Contracting and Reimbursement
Our Contracting and Reimbursement practice is an industry leader in healthcare payment reform and accountable care strategies for large, complex healthcare organizations, including major health systems and provider-owned health plans. We help our clients:
- Develop innovative payment approaches.
- Negotiate contracts.
- Devise reimbursement strategies.
- Improve revenues.
We offer our clients comprehensive value- and risk-based payment program development services, including planning, implementing, and optimizing value-enhancing care models. Common projects include:
- Value-based readiness assessments and payment design.
- Care model and reimbursement strategy.
- Medicare Shared Savings Program, Accountable Care Organization (ACO) REACH, or commercial ACO development.
- Clinically integrated or regional affiliate network development.
- Assistance with Medicaid managed care program participation.
- Patient-centered medical home transformation.
- Population health service organization establishment.
- Support for participation in grant-funded or governmental programs.
Our Payer Services practice advises traditional and provider-owned insurance companies in areas such as:
- Commercial insurance.
- Medicare Advantage.
- Medicaid managed care.
- Third-party administrator services.
- Provider network performance.
As a principal at ECG, you’ll be a critical member of our consulting team and firm leadership. You will partner with some of the industry’s best, make a real difference in people’s lives, and grow personally and professionally while doing so.
Principal at ECG is a significant leadership position within the firm, a stepping-stone to the role of partner (i.e., principal with equity and a greater focus on business development). A principal is someone who has already emerged as an industry thought leader capable of leading complex engagements with superior practice-building and client relationship-management skills.
ECG is the sum of its people, and we seek excellent leaders who are dedicated to the firm’s recruitment, professional growth, and engagement of exceptional talent. We expect our principals to champion our culture focused on quality, inclusion, collaboration, and growth through innovation.
Your Responsibilities May Include
- Actively managing a portfolio of client engagements and consulting staff, assuring all contractual targets and deliverables are met
- Working with the client to articulate complex issues requiring attention and strategizing with consultant teams on project approach
- Overseeing the design, development, and implementation of solutions to drive long-lasting success for the client
- Managing a high-performing cadre of professionals and building and developing a team of consulting leaders to sustain lasting relationships in the industry
- Collaborating in the continued growth and development of the PSC Division
- Marketing and selling $1.5 million in annual consulting revenue
- Playing an integral role in the recruitment and development of staff consultants
- Serving as a thought leader on a national stage
- Being a leader in the firm and contributing to the firm’s culture and success
- Participating in firm and PSC Division management
- Outstanding drive, determination, and desire to be part of a growing elite-level consulting firm
- Strong knowledge of and passion for the provider healthcare sector
- Progressive leadership experience in management consulting, providing managed care contracting and reimbursement strategy to healthcare providers; consideration will also be given to years of experience as a senior executive of provider or payer organizations combined with consulting experience
- Experience in strategy development in the provider environment
- Demonstrated record of solving complex problems, directing and managing individuals, and completing challenging projects
- Track record of managing multiple engagements, including work plans, deliverables, budgets and schedules, and accounts receivable
- Demonstrated record of achievement in selling and managing engagements
- Viewed as a thought leader through marketing activities such as networking with potential clients, participating in professional societies, and publishing and presenting thought leadership (whitepapers, speeches, and articles)
- Demonstrated focus on staff development, coaching, and retention, with a refined ability to provide constructive and timely feedback
- Master’s degree in business administration and/or a health-related field; bachelor’s degree in business or a health-related field preferred
- Strong written and verbal presentation skills
- Ability to travel at least 60% of the time
- Demonstrated ability to develop and maintain deep client relationships
Atlanta, Boston, Chicago, Dallas, Minneapolis, San Diego, or Washington DC
Candidates will be required to work a hybrid schedule with a minimum of two days in office when not traveling for a client engagement.
Schedule
Full time/exempt
What You Can Expect Of Us
To reward our driven, innovative, and passionate employees, we’ve built a company culture that’s centered on performance. We offer an attractive compensation package, challenging work, and an entrepreneurial environment where you can take ownership of your career—and get out as much as you put in.
The estimated base salary range for this job is $255,000 - $283,500 annually. It represents a good faith estimate of the range that ECG reasonably expects to pay at the time of the job posting. The actual salary paid will vary based on multiple factors, including but not limited to years of experience, special skills, and market changes. This job is eligible to participate in ECG’s annual incentive compensation program, which reflects ECG’s pay-for-performance philosophy. The job is also eligible to participate in ECG’s benefit plans, which include medical, dental, and vision coverage; a 401(k) matching program; unlimited PTO; and other wellness programs.
Apply now and make an impact for years to come.
To begin the recruitment process, please submit your resume via our career site at https://careers.ecgmc.com.
ECG provides equal employment opportunities to all employees and applicants for employment without regard to sex, race, color, religion, national origin, citizenship, ancestry, age, disability, pregnancy, medical condition (cancer and genetic characteristics), genetic information, gender, gender identity or expression, sexual orientation, marital status, military or veteran status, or any other legally protected characteristic. People of color are encouraged to apply. We participate in E-Verify as part of our onboarding process. Having the permanent legal right to work in the United States is a condition of employment. ECG is not currently able to provide assistance to candidates requiring sponsorship or a visa.
Salary : $255,000 - $283,500
