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Optum

Sr. Network Contracting Manager

Optum, Saint Louis, Missouri, United States, 63146

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Senior network contracting manager will drive development of the provider network (physicians, hospitals, pharmacies, ancillary groups & facilities, etc.) yielding a geographically competitive, broad access, stable network that achieves objectives for unit cost performance and trend management. The developed network will produce an affordable and predictable product for customers and business partners.

If you are located in St. Louis, MO, you will have the flexibility to work remotely* as you take on some tough challenges.

Primary Responsibilities

Conducts outreach to potential providers, researching to identify the correct contact and doing cold calling

Drives development of the provider network (physicians, pharmacies, ancillary groups & facilities, etc.) yielding a geographically competitive, broad access, stable network that achieves objectives for cost performance

Selling the Optum value proposition to new potential providers via video calls and in person meetings

Performs contract negotiation and pricing - evaluates and negotiates contracts in compliance with company contract templates, reimbursement structure standards, and other key process controls

Establishes and maintains solid business relationships with Hospital, Physician, Pharmacy, or Ancillary providers, and ensures the network composition includes an appropriate distribution of provider specialties

Balance financial and operational impact of contracts to providers, members, and different customer groups when developing and/or negotiating contract terms

Support evaluation of market rates and provider performance (e.g., billing patterns; referral patterns; quality and effectiveness) in order to establish provider rates and negotiation strategies

Explain the organization's direction and strategy to internal partners and providers in order to justify methodologies, processes, policies, and procedures

Identify and gather information regarding provider issues in order to develop and/or implement strategy to resolve matter, keep manager informed of progress, or elevate issue to appropriate internal business partner

Represent department in external meetings (e.g., ancillary providers; physician groups; facilities) to gather relevant information, recommend solutions, execute on deliverables as assigned and explain results/decision/activities

Monitor and/or oversee provider financial performance to identify opportunities to improve performance and/or provider relationship

Monitor and/or oversee network performance and industry trends to identify opportunities to refine, develop, and/or implement market strategies

Other duties as assigned

Key Work Attributes

Reviews the work of others. Provides explanations to others on the most complex issues

Develops innovative approaches

Sought out as expert/Serves as a leader/mentor

Anticipates customer needs and proactively develops solutions to meet them

Serves as a key resource on complex and/or critical issues

Ability to adapt quickly as an high growth less mature business contributes to a dynamic, fluid, high learning work environment

Forecasts and plans resource requirements

May lead functional or segment teams or projects

Motivates and inspires other team members

You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Qualifications - External Required Qualifications

3+ years of experience with network contracting or provider relations in a managed care environment

Demonstrate understanding of and utilize applicable financial tools and reports (e.g., internal financial models, external reports) to develop rates

Demonstrate understanding of contract language in order to assess financial and operational impact and legal implications of requested contract changes

Demonstrate understanding of competitor landscape within the market (e.g., rates, market share, products, provider networks, market intelligence, GeoAccess)

Demonstrated ability to utilize appropriate contract management systems (e.g., Emptoris, PEGA, Contract Attachment Repository) to author and execute contracts and to access supplemental contractual documents

Preferred Qualifications

Proven success in a sales environment

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