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Horizon NJ Health

Not-for-profit health insurer offering medical plans

Manager Hospital Contracting

Contract ManagementConfirmed live in the last 24 hours
Full-timeHopewell, NJ, USA

About the Job

Requirements

  • A high school diploma or GED is required.
  • A bachelor's degree in a health or health care-related field from an accredited college or university is preferred; relevant experience may be substituted for the degree.
  • At least 5 years of business experience in hospital and provider group finance and/or managed care network development is required.
  • At least 5 years of in-depth knowledge and understanding of contract finance and reimbursement methodologies, including fee-for-service, Medicare diagnosis-related groups and ambulatory payment classifications, Medicaid pricing, capitation, full risk, shared savings, and incentive arrangements, is required.
  • At least 5 years of experience successfully leading cross-functional teams to achieve improvements is required.
  • At least 5 years of prior provider experience in Commercial, Medicare, Medicaid, and value-based programs is required.
  • At least 3 years of experience in health care cost data analysis and technical document writing is required.
  • At least 3 years of supervisory experience and/or leading people by influence is required.
  • Ability to create, develop, and maintain business relationships.
  • Analytical, business case, and product design skills.
  • Ability to exercise sound judgment, ask probing questions, and obtain thorough and relevant information.
  • Detail orientation, organizational skills, ability to follow detailed instructions, and problem-solving skills.
  • Ability to adapt to multiple responsibilities across multiple organizational areas.
  • Ability to present information effectively and respond to questions from groups of managers, clients, and customers.
  • Effective verbal and written communication skills and ability to work well within a team.
  • Proficiency with personal computers and supporting software in a Windows-based environment, including Microsoft Office products such as Word, Excel, and PowerPoint; knowledge of intranet and internet applications.
  • Knowledge of health care contracting principles, the health care or health insurance industry, the New Jersey hospital and physician communities, laws and regulations governing insurance, HMO, hospital, and physician practices, and quality measurement approaches used in insurance, HMO, hospital, and physician practice.
  • Willingness to travel moderately, up to 60%.

Responsibilities

  • Lead or support the development, negotiation, management, and maintenance of provider contracts for physician organizations, hospitals, and ancillary facilities across payment arrangements.
  • Work with the Director on fee-for-service and value-based payment contracting initiatives, collaborating with the payment evolution team to introduce updated payment models and the provider experience team to meet provider expectations.
  • Lead or support complex negotiations and contracting arrangements by developing business strategies for the financial and legal terms of contracting initiatives.
  • Work with Medical Economics and the Actuary Department to draft provider rate proposals aligned with unit-cost trends and negotiate proposals directly with hospital executives, physicians, and ancillary providers.
  • Manage regulatory, accreditation, and enterprise network adequacy requirements to ensure members have access to a broad network across all lines of business.
  • Perform quarterly analyses of the provider network from cost, coverage, and growth perspectives; evaluate opportunities to expand or modify the network to meet enterprise goals.
  • Manage budgeting and forecasting initiatives for product-line network costs and provider contracts.
  • Draft hospital, professional, and ancillary contract terms to meet regulatory, accreditation, and enterprise requirements while advancing strategic and business objectives.
  • Manage negotiations and contracting with providers across payment arrangements, including value-based primary and specialty programs; negotiate, execute, and renew contracts; maintain contract standards and policies; collaborate on contracting parameters and provider relationships; and recruit and contract out-of-network providers.
  • Manage development and execution of the network contracting strategy, including adoption of value-based contracting for providers operating under fee-for-service models, minimizing special arrangements, and aligning with enterprise affordability objectives.
  • Manage and negotiate contracts in compliance with reimbursement standards and other key controls.
  • Assist with and implement provider contracting policies and procedures consistent with industry best practices and regulatory requirements.
  • Ensure accurate contract implementation and coordinate contract and special-arrangement reporting, provider file maintenance requests, claims stops, and new hospital implementation. Resolve technical inefficiencies involving system-wide claims, configuration, and provider mapping; research root causes and work-fallout reports causing operational deficiencies.
  • Maintain provider contract language and templates and ensure negotiated contracts can be configured into core systems.
  • Collaborate with Legal and Compliance to modify provider contract templates for regulatory, accreditation, and enterprise compliance.
  • Understand the Enterprise Strategic and Financial Plan and value-based programs, including their financial, quality, and operational aspects.
  • Ensure accurate and timely contract loading and submissions; coordinate with matrix partners for network implementation and maintenance across all lines of business, including hospital, ancillary, and professional rate loads, pricing configurations, diagnosis-related group updates, and contract storage.
  • Manage operational effectiveness and efficiency, including contract inventory and adherence to regulatory requirements and internal policies and procedures.
  • Assess the impact of provider contract provisions on claims payment accuracy and timeliness, develop solutions to minimize unnecessary deviations, and support auto-adjudication.
  • Implement medical cost savings through industry initiatives and programs.
  • Understand credentialing and recredentialing processes, provider directory maintenance, and regulatory standards.
  • Collaborate across departments to align provider services with member and organizational needs and keep the provider network integrated with organizational objectives.
  • Provide management-level leadership and support to contracting staff and provide the team with skills, knowledge, and resources to manage the provider network and achieve team goals.
  • Represent the organization at industry conferences, webinars, and other events and identify emerging trends and opportunities in the market.
  • Manage, develop, and train staff; develop and monitor goals; conduct annual performance reviews; and administer staff salaries.

About the Company

Horizon NJ Health

Not-for-profit health insurer offering medical plans

Horizon NJ Health is a not-for-profit health insurer serving New Jersey. It offers a range of health insurance products for individuals, families, and employers, including medical plans such as HMOs and Medicare coverage for eligible people. The company collects premiums from its members and uses the funds to pay for member care through a network of doctors, hospitals, and healthcare providers. Any excess revenue is reinvested into the company to improve benefits and services for members, rather than distributing profits to shareholders. Horizon BCBSNJ holds a large market share in New Jersey and aims to provide access to comprehensive, affordable health coverage through a broad provider network. Its goal is to deliver reliable health insurance coverage and dependable care options that meet the needs of its members throughout the state.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Newark, NJ
Founded
1932

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