Contract Specialist Lead

Job Summary

Lead by example, holding positive and respectful relationships with highly-valued and complex internal and external customers. The successful candidate will understand the nuances of managed care contracting, analytics, managed care payers, delivery system’s primarily operations, functions of a revenue cycle, and know where and when it is appropriate to engage senior leaders. The candidate will also understand the latest healthcare trends and leverage their past years of experience to creatively design contracts that add value for Corewell Health.

Lead tactically by helping junior staff with complex contract terms and negotiating techniques to help prepare for successful contract discussions. The successful candidate will also lead administratively by managing internal communications as it relates to the contracting process and tracking success while driving key projects. The candidate will also gather market and competitive intelligence through secondary sources as it relates to payers and providers and health care policy to increase knowledge providing leverage for the department to use in contract negotiations.

Essential Functions

• Manages the contract development and negotiations process for delivery system network initiatives. Enters / maintains / oversees current information in the internal contract repository and system contract database. Leads the proactive, methodical management of contracts from initiation through execution, compliance and renewal.
• Creates contracting strategies and deploys techniques that move payers to desired contract terms according to guidelines and preferred language. Provides effective oversight of contract implementation process ensuring all contracts are within required guidelines and financial parameters and timely.
• Leads the drafting, review, negotiation, and execution of assigned payer contracts from start to finish. Develops regular reports on contract milestones and performance; and informs internal customers of activities and progress, through both verbal and written communications. Interfaces routinely with leadership on an independent basis while understanding other political sensitivities.
• Applies critical thinking skills to analyze complex situations, identify root causes, and evaluate alternative solutions.
• Investigates operational, clinical, or administrative issues by gathering relevant data, conducting interviews, reviewing documentation, and assessing system processes.
• Formulates logical, evidence-based conclusions and make sound recommendations to resolve problems or improve outcomes.
• Collaborates with cross-functional teams to develop and implement corrective actions, ensuring alignment with organizational policies and goals.
• Monitors the effectiveness of implemented language and renegotiates as needed.
• Works with and involve relevant stakeholders (internal customers) as needed in negotiation decisions impacting legal or regulatory requirements, contract standards, cost targets and payment and pricing methodologies. Facilitates contract implementation process with the appropriate internals teams, including payment rates, risk assignment, administration and other fees. Work collaboratively with Business Intelligence and other internal staff to find solutions to provider issues concerning payment and operation procedures, etc, when necessary.
• Facilitates contract implementation process including payment rates, preferred language, risks, challenges, and operations of the contract. Works with operations to find solutions to payment issues. Monitors contract performance and compliance by tracking key deliverables and timelines.
• Represents contracting at internal, external and Joint Operating Committee meetings. May be requested to present and represent Managed Care Contracting updates / initiatives at meeting with internal / external constituencies.
• Leads through example and mentors junior staff on contract standards, processes, and systems. Serves as the subject matter expert on Corewell Health's most complex contracts.

Qualifications

Required

Preferred

About Corewell Health

As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement - to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.

How Corewell Health cares for you

Comprehensive benefits package to meet your financial, health, and work / life balance goals. Learn more .

On-demand pay program powered by Payactiv

Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!

Optional identity theft protection, home and auto insurance, pet insurance

Traditional and Roth retirement options with service contribution and match savings

Eligibility for benefits is determined by employment type and status

Primary Location

SITE - Corewell Health Place - 100 Corewell Drive NW - Grand Rapids

Department Name

Managed Care Contracting

Employment Type

Full time

Shift

Day (United States of America)

Weekly Scheduled Hours

Hours of Work

8 : 00 to 5 : 00

Days Worked

Monday to Friday

Weekend Frequency

N / A

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Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.

Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.

An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.

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