Oscar Health Insurance Co

Associate, Network Contracting (Northeast Region)

Oscar Health Insurance Co$96K — $127K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years in healthcare client management, healthcare consulting, or provider contracting.
  • 2+ years involved in provider network strategy and negotiation.
  • 1+ year of financial analysis experience related to market or product lines.
  • Experience with managing large data sets including claim files and provider rosters.
  • Bonus: Associate's degree or equivalent professional experience.

Responsibilities

  • Implement contracting strategies that meet network adequacy and cost management goals.
  • Negotiate contracts with healthcare providers to ensure favorable terms and compliance.
  • Conduct comprehensive reviews of provider contracts for optimization opportunities.
  • Leverage data analytics to inform negotiation strategies and decisions.
  • Track metrics and SLAs for provider outreach and contract completion.
  • Coordinate with provider services on network education and communication efforts.
  • Monitor network compliance and develop corrective action plans for deficiencies.

Benefits

  • Participation in Oscar's unlimited vacation program.
  • Eligibility for annual performance bonuses.
Full Job Description
About the role:

The Associate, Network Contracting & Services is responsible for managing contracts with key healthcare providers in Oscar's network (hospital/health systems and individual provider groups) to build and maintain a robust network in assigned market/region; while also ensuring access to quality care and optimizing costs by analyzing provider performance and negotiating reimbursement rates, often involving complex contract terms and compliance with regulatory guidelines. The Associate also supports network growth and recruiting efforts by engaging with prospective providers directly; assisting with resolution of provider issues; supporting cost- saving initiatives; executing the local network strategy; and ensuring providers across our service area have the information and support they need to provide best-in-class member care.

You will report into the Manager, Network Contracting.

Work Location: This is a remote position based in the field, open to candidates who reside in: New York. Your daily work will involve a blend of work from your home office and travel for client meetings. Occasional travel may be required for team meetings and company events. #LI-Remote

Travel up to 25%

Pay Transparency: The base pay for this role is: $96,876 - $127,149 per year.You are also eligible for employee benefits, participation in Oscar's unlimited vacation program and annual performance bonuses.

Responsibilities:
  • Implement contracting strategies under the direction of Network Director and/or Senior Manager and in partnership with Market Leaders that align with the company's overall network adequacy, development and cost management objectives.
  • Manage and negotiate contracts with assigned healthcare providers, focusing on favorable terms and compliance with organizational standards and regulatory requirements.
  • Supports comprehensive reviews and analyses of assigned provider contracts, identifying areas for improvement and optimization.
  • Utilizes data and analytics of provider financial issues and competitor strategies to support informing negotiation and contracting decisions.
  • Meet defined metrics and SLAs including but not limited to provider outreach and contract completion.
  • Collaborate with the provider services team regarding the servicing, education and communication to our provider network.
  • Monitor assigned networks to gauge compliance with standards, developing corrective action plans with network contracting and market leadership to remediate deficiencies.
  • Compliance with all applicable laws and regulations
  • Other duties as assigned

Requirements:
  • 3+ years of experience in healthcare client management, healthcare consulting, or provider healthcare contracting, healthcare operations, or a related field
  • 2+ years of experience supporting provider network strategy development and negotiating provider contracts
  • 1+ years experience running financial analyses on a markets or product lines, and working cross-functionally to support driving improvement opportunities
  • 1+ years experience navigating and organizing large data sets such as claim files and provider rosters

Bonus points:
  • Associate's degree or equivalent professional working experience


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About Oscar Health Insurance Co

Oscar Health Insurance Co. is a technology-driven health insurance company founded in 2012 and headquartered in New York City. The company offers individual and family health insurance plans, as well as Medicare Advantage plans. Oscar Health Insurance Co. uses technology to simplify the health insurance experience for its customers, including a mobile app that allows customers to manage their health insurance policies and access telemedicine services. The company has raised over $1 billion in funding and is valued at over $5 billion.
Learn more about Oscar Health Insurance Co
Size
4,000 employees
Market Cap
$466 million
Industry
Founded
2012
NASDAQ

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