What are the responsibilities and job description for the Sr System Payer Relations Contract Manager position at University of Maryland Medical System?
General Summary
This position will serve as the lead contracting contact for University of Maryland Medical System (UMMS) for assigned payers. Acts as the primary contact with these payer organizations utilizes revenue protection and growth strategies to assess contracting opportunities conducts contract negotiations / renegotiations and manages contracts to maximize actual / expected revenues. In addition this position will work in conjunction with the UMMS Clinically Integrated Network (CIN) staff to lead CIN payer contracting efforts. Conducts market research as necessary and engages and secures buyin of constituent leadership and administrative staff for awareness and compliance with contract terms.
II. Principal Responsibilities and Tasks
The following statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all job duties performed by personnel so classified.
1. Establish and maintain relationships with assigned payers which include local regional and national payers employers reinsures and national networks. Serves as a resource regarding payer market trends.
- Maintain payer profile information.
- Assess payer market share and intelligence.
- Maintain payer relations.
2. Negotiate / renegotiate systemwide traditional and CIN Valuebased Care (VBC) contracts including professional hospital skilled nursing and ancillary services (home health DME infusion etc.) to achieve optimum contract terms.
3. Improve contract performance
4. Responsible for facilitating contract proposals and / or requests for information (RFI) from payers regarding system contracting opportunities.
Qualifications :
Ed ucation and Experience
1. Bachelors Degree from an accredited college or university in Marketing Business Administration or a related discipline OR a combination of equivalent experience in addition to that required in bullet 2 and applicable education in lieu of a degree is required; Masters degree or equivalent work experience is preferred
2. Seven to ten years progressive experience in a managed care contracting environment with five years of direct managed care contracting experience required.
Knowledge Skills and Abilities
1. Extensive knowledge of managed care practices and all facets of payer contracting to include : valuebased contracting models and strategies professional ASC skilled nursing home health infusion services etc.
2. Knowledge of medical terminology is required; knowledge of claim coding is preferred.
3. Excellent written and verbal communication skills are necessary as well as the ability to work independently.
4. Demonstrated effectiveness in leading and executing contracting and payer relations in a highly complex environment. Demonstrated ability to work collegially within complex systems.
Additional Information :
All your information will be kept confidential according to EEO guidelines.
Compensation
Remote Work : Employment Type :
Fulltime
Key Skills
Facilities Management,ADMA,Heavy Bus Driving,AXA,Building Services,Courier Delivery
Vacancy : 1
Salary : $59 - $63
