Director - Reimbursement and Contract Analytics
Mount Sinai Morningside · New York, NY · 1 mo ago
Finance$117k–$208k/yrFull-time
About the role
The Director of Reimbursement and Contract Analytics leads the contract analytics function supporting MSHS managed care agreements across hospital/facility, physician, and ancillary services. This role oversees the development, validation, and operationalization of contract models, rate sheets, and reimbursement analyses.
Responsibilities
- Lead and oversee the contract analytics function supporting hospital, physician, and ancillary managed care agreements, ensuring alignment with organizational contract management and reimbursement strategy.
- Manage, mentor, and develop a team of contract analysts, including setting priorities, overseeing workload distribution, and ensuring high-quality, timely deliverables.
- Develop, implement, and standardize analytical tools and financial models to support contract modeling, reimbursement analysis, and rate sheet development.
- Oversee scenario modeling and rate sheet development to support payer negotiations and broader reimbursement strategy, including evaluation of proposed and counter-proposed contract terms.
- Ensure accurate creation, validation, and maintenance of finalized rate sheets for internal use and for contract build and implementation.
- Oversee contract implementation workflows, including submission, tracking, and validation of contract builds within contract management systems.
- Manage and monitor contract-related work queues and requests, ensuring timely resolution, appropriate escalation, and adherence to service expectations.
- Ensure integrity and accuracy across a large portfolio of payer contracts, including ongoing updates, version control, and routine maintenance.
- Direct and review ad hoc reimbursement and contract analyses to support business decisions and inform reimbursement strategy.
- Establish and enforce validation and quality assurance protocols to ensure all analyses and contract deliverables meet defined accuracy and quality standards.
- Identify and implement opportunities to improve and streamline modeling, reporting, and contract management processes to enhance efficiency and scalability.
- Partner with contracting, finance, IT, and analytics teams to support contract execution, data alignment, performance monitoring, and reimbursement strategy initiatives.
- Support development and delivery of reporting to track contract performance, key metrics, and financial outcomes.
- Maintain proactive communication with internal stakeholders, ensuring responsiveness, organization, and timely follow-up to keep deliverables on track.
- Develop and maintain standard operating procedures to ensure consistency in methodologies, tools, and documentation across the contract analytics function.
- Provide leadership through coaching, training, and performance management to build a high-performing team and support professional development.
- Manage departmental operations using data-driven problem-solving approaches, ensuring compliance with institutional policies and applicable regulatory requirements.
Qualifications
- BA required, MBA or advanced business degree in related finance or health care discipline preferred.
- Minimum 5 years of experience in managed care contracting, reimbursement, healthcare finance, or contract analytics.
- Demonstrated experience leading or managing analytical teams and workflows.
- Strong experience in financial modeling, reimbursement analysis, and contract analytics within a healthcare environment.
- Advanced Microsoft Excel and PowerPoint skills required; experience with SQL or other data tools preferred.
- Strong written and verbal communication skills.