Manager of Payor and Market Strategy
The University of Kansas Health System · Lenexa, KS · 1 wk ago
Business DevelopmentFull-time
Under the supervision of the Director of Managed Care, this role leads the negotiation and renegotiation of contracts with managed-care companies and health plans that account for 70% of the health-system’s revenue.
Responsibilities
- Develop and execute negotiation strategies for managed-care contracts to meet the health-system’s financial and market-share goals.
- Monitor market trends and payer behavior to protect and enhance the health-system’s market position.
- Design and evaluate contract structures—hospital, physician, ASC, bundled, value-based, capitative, etc.—and educate internal stakeholders on their implications.
- Analyze contract terms, special provisions, and rate proposals using tools such as EPIC contract modeling, Excel, and Access; consult with legal counsel as needed.
- Lead payer meetings, prepare negotiation agendas, and represent the health-system in joint operating committee sessions.
- Ensure contract language is financially and operationally sound while remaining compliant with regulations.
- Track contract performance, identify compliance issues, and resolve disputes with internal teams.
- Coordinate across all entities on behalf of the contracting team.
- Analyze historical utilization and revenue trends to flag unexpected contract-performance changes.
- Engage payers proactively to prevent exclusion or disadvantage as payer policies evolve.
- Develop standard and ad-hoc reports for budgeting, revenue projections, and long-range planning.
- Serve as liaison between Revenue Cycle, HITS, and other operational departments to interpret contract language and intent.
- Maintain and update managed-care contracts, payer portals, and EPIC reimbursement models.
- Communicate contract renewals, amendments, and changes to the appropriate audiences.
- Oversee credentialing and re-credentialing for facility and professional services.
- Build and sustain relationships with physicians, administrators, health plans, senior leaders, and external partners.
- Participate in committees, work groups, and strategic initiatives.
- Support Strategic Healthcare Solutions (SHS) recruitment and business development by:
- Facilitating onboarding and implementation of purchased services.
- Marketing the SHS value proposition to prospective hospital CEOs and CFOs.
- Partnering with business leads to resolve customer concerns.
- Assisting with the integration of new service offerings.
- Manage value-based initiatives:
- Analyze population, quality, and efficiency data to assess performance in current and proposed value-based models.
- Collaborate with ambulatory and hospital quality teams to ensure network performance meets or exceeds targets.
- Develop standard reporting on historical and projected financial outcomes for value-based initiatives.
- Serve as department liaison between contracting, payers, and clinical operations.
Requirements
- Bachelor’s degree in Business Administration, Healthcare Administration, or a related field from an accredited institution, or equivalent work experience.
- Four or more years of experience in a healthcare organization or health-industry role focused on finance, contracting, or technical analytics.
Preferred Qualifications
- Master’s degree in Business Administration, Healthcare Administration, or a related field.
- Experience in a large healthcare organization or academic medical center in managed-care contracting or financial modeling/analytics.
Time Type: Full time
Location: Southlake Campus