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Elevance Health

Sells health insurance and pharmacy benefits

Payor Contract Manager - Specialty Pharmacy

Contract ManagementConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • Requires a Bachelor's degree in Business, Healthcare Administration, Finance, or a related field and a minimum of 5 years of experience in payor contracting, managed care, or contract administration within specialty pharmacy, infusion pharmacy, a pharmacy benefit manager, or health plan environments, or an equivalent combination of education and experience.
  • Candidates must reside within reasonable commuting distance of an office unless an accommodation is granted as required by law.
  • Candidates in certain patient/member-facing roles must become vaccinated against COVID-19 and Influenza unless they provide an acceptable explanation.

Responsibilities

  • Manage the lifecycle of payor contracts, including review, interpretation, implementation, amendments, and renewals.
  • Serve as a subject matter expert on contract terms, including reimbursement methodologies, fee schedules, carve-outs, drug-level pricing, site-of-care requirements, and network participation.
  • Track contract expirations, renewals, and amendments to ensure uninterrupted access and compliance.
  • Analyze reimbursement methodologies, including AWP, WAC, ASP, MAC, per diem, case rates, nursing fees, supplies, and administrative fees, and identify reimbursement risks, underpayments, and revenue leakage.
  • Partner with finance and revenue cycle teams to resolve reimbursement discrepancies and payment disputes, and support forecasting, margin analysis, and payor profitability reporting.
  • Translate contract terms into operational requirements for pharmacy systems, billing platforms, and claim adjudication logic, and coordinate with IT and pharmacy operations to ensure accurate setup of pricing and payor-specific rules, including NDC requirements, J-codes, modifiers, and site-of-care billing logic.
  • Support payor mapping tied to BIN/PCN, NCPDP, NPI, and taxonomy configurations.
  • Ensure contracts comply with federal and state regulations, including CMS, Medicare Part B and D, Medicaid, 340B, and anti-kickback requirements; maintain audit-ready documentation; and support internal and external audits.
  • Act as the primary contract resource for internal teams, provide contract education to support accurate billing and payor compliance, and support payor escalations, access issues, and network participation inquiries.

About the Company

Elevance Health

Sells health insurance and pharmacy benefits

Elevance Health is one of the largest U.S. health insurers, covering people through employers, individual plans, Medicare and Medicaid. It is the Blue Cross Blue Shield licensee in 14 states, where it sells plans under the Anthem name, and it runs government plans under the Wellpoint name in other markets. Its Carelon division runs the CarelonRx pharmacy benefit manager and sells behavioral health, care management and other services to its own plans and outside clients. Elevance earns most of its revenue from premiums paid by employers, members and government programs, plus fees for Carelon services. The company is headquartered in Indianapolis, Indiana.

Company size
10,001+
Company stage
IPO
Headquarters
Indianapolis, IN
Founded
1944

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