Posted 10 days ago
Senior Network Contracting Negotiation Manager (Michigan)
AI Summary
Negotiates complex healthcare provider contracts, establishes reimbursement rates and service agreements, and manages network adequacy and performance metrics for a Michigan-based health plan.
About this role
We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
Position Summary
The Network Management Senior Manager applies highly-developed knowledge to negotiate complex Network contracts with healthcare providers, establishing reimbursement rates, service agreements, and performance metrics.
Advises on provider performance, network adequacy, geographical coverage, and member satisfaction, and makes necessary network modifications or expansions.
Implements improvement initiatives to ensure that network providers meet all applicable regulatory and quality standards.
Develops and expands the network, identifying and contracting with healthcare providers, including hospitals, physicians, specialists, and ancillary service providers.
Conducts market analysis, assesses competitive positioning, and recommends strategies to maintain a competitive edge.
Interfaces with the finance team on budgeting, cost analysis, and financial forecasting, to manage the financial aspects of provider network management.
Consults with internal teams, including medical directors, operations managers, and network development professionals, to align provider network performance goals and objectives.
Provides continuous recommendations to senior leadership to guide decision-making and ensure close alignment with the organization's strategic goals and objectives.
Required Qualifications
7+ years healthcare industry experience
5+ years related experience and comprehensive level of provider negotiating skills with successful track record negotiating contracts with complex provider systems or groups.
Must reside in Michigan
Critical thinking to maintain cost management and a fully engaged network of participating hospitals, ancillaries and providers.
Microsoft Office/Excel proficient
Ability to travel in assigned market up to 10-15% of the time as needed (Michigan).
Preferred Qualifications
- Experience using contract management systems
- Relevant experience and understanding of the local healthcare market and payer dynamics
- Demonstrated analytical aptitude with proven capability to troubleshoot complex issues
- Skilled at connecting data to daily execution of tasks
Education
Bachelor’s Degree or equivalent professional work experience.
Pay Range
The typical pay range for this role is:
$75,400.00 - $165,954.00
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company’s equity award program.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
Skills
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