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The Payor Contract Manager supports the VP and Sr. Director of Payor Contracting in negotiating assigned agreements which benefit Optum, the healthcare professionals it represents, and the patients it serves. This position is responsible for leading assigned health plan negotiations, drafting and managing contracts, serving as an organizational subject matter expert on existing FFS and risk agreements for the California Market, and researching and resolving payor issues. Role will not have direct reports but will require extensive collaboration with multiple teams (Provider & Institutional Contracting, Contract Operations, Regional Operations, UM, QM, Claims, Finance, Analytics, etc.). This individual will represent Payor Contracting in interdepartmental initiatives, as assigned.
If you are located in PST or MST, you will have the flexibility to work remotely* as you take on some tough challenges.
Primary Responsibilities
Leads contract negotiations, as assigned. This may include, but is not limited to, risked based agreements, fee-for-service negotiations, pay for performance programs, and ACO agreements with health plansManages contractual relationships with payers and internal stakeholdersReviews health plan contract language, and is familiar with payor, medical group/IPA, and hospital/ancillary contract language and reimbursement mechanismsCirculates draft contract terms/language to various internal departments, including Legal, Finance, Claims, Quality and Medical Management teams for review & approvalApplies knowledge of healthcare delivery system, IPA operations, managed care, healthcare laws in assisting with the development of contracting strategiesAnswers and/or resolves inquiries from health plans or internal departments in a timely mannerEstablishes good working relationships with health plan representatives, as well as internal teamsDevelops tools (e.g., dashboards, grids, tables, summaries) as needed to provide organizational leadership key contract dataProject Management - various ad-hoc requests with short turnaround timeOther duties as assigned
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.
Required Qualifications
3+ years of experience in managed care contracting/contract administrationDirect experience leading health plan/provider negotiationsExperience with financial models analyzing health plan agreements.Experience with government programs (Medicare, Medicaid, and Marketplace/Exchange)Advanced MS Word capabilities: find & replace, redlining, comment insertion, track changes and document compareProficient in MS Excel and PowerPoint software
Preferred Qualifications
Worked within the California Managed Care Market Experience with capitation, DOFRs, and risk sharing arrangementsExpertise in provider group/IPA operations and compositionProven ability to make independent decisionsProven ability to change thought patterns quicklyProven high attention to detail and personal organizationProven ability to multitaskAll employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy
California, Colorado, Nevada, Washington Residents Only: The salary range for this role is $88,000 to $173,200 annually. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes — an enterprise priority reflected in our mission.
Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.