CVS Health

Contract Negotiation Manager - Illinois

CVS Health$66K — $145K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years negotiating contracts with healthcare providers and facilities, focusing on language and financial analysis.
  • 3+ years in provider relationship management or healthcare roles with contract management experience.
  • Deep understanding of reimbursement methods and industry payment practices.
  • Knowledge of financial drivers and regulatory requirements in healthcare.
  • Advanced skills in Microsoft Office, particularly Excel and Word.
  • Proven track record in building collaborative relationships with providers.
  • Strong organizational skills and ability to manage competing priorities.

Responsibilities

  • Lead end-to-end contract negotiations with ancillary providers and smaller systems.
  • Manage contract performance and value-based arrangements for the organization.
  • Recruit and onboard providers to enhance network expansions and cost arrangements.
  • Collaborate with cross-functional teams on provider compensation and pricing strategies.
  • Analyze operational data to pinpoint cost-saving opportunities.
  • Represent the organization in partnerships with providers and community stakeholders.
  • Evaluate provider network strategy for alignment with state requirements and cost management.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • Paid time off to support work-life balance.
  • Retirement savings options for long-term financial health.
  • Wellness programs to support physical and mental well-being.
Full Job Description
This is an individual contributor role.
As a Contract Negotiation Manager, you will play a critical role in shaping and strengthening our provider network. You will lead contract negotiations, manage provider relationships, and identify strategic opportunities to enhance access, quality, compliance, and cost efficiency. This role partners across the organization to deliver value-based contracting strategies that support business goals and improve overall network performance.

What You'll Do
  • Lead end-to-end contract negotiations, execution, and analysis with a focus on ancillary providers, physician groups, and smaller/local systems.
  • Manage contract performance and drive the development and implementation of value-based arrangements aligned with organizational strategy.
  • Identify, recruit, and onboard providers to meet network expansion and adequacy targets; accountable for delivering competitive and sustainable cost arrangements.
  • Partner cross-functionally to support provider compensation strategy, pricing development, and reimbursement modeling.
  • Analyze financial and operational data to identify cost-saving opportunities and execute initiatives that drive measurable impact.
  • Serve as a key representative of the organization with providers, customers, and community stakeholders, strengthening partnerships and collaboration.
  • Evaluate and contribute to provider network strategy, ensuring alignment with state requirements, product needs, and cost management objectives.
  • Optimize provider engagement and resolve complex escalations related to claims, contract interpretation, and provider data accuracy.

Required Qualifications
  • 5+ years of experience negotiating contracts with ancillary providers, facilities, and physician groups, including contract language development, rate proposal analysis, and identification of operational and financial improvement opportunities. Demonstrated ability to leverage competitive market data, financial metrics, and detailed analysis to secure favorable contract outcomes.
  • 3+ years of experience in provider relationship management or related healthcare roles, with proven contract management expertise.
  • Strong knowledge of provider reimbursement methodologies, contract structures, and industry-standard payment policies and practices.
  • Solid understanding of provider financial drivers, regulatory requirements, and competitive market dynamics.
  • Advanced proficiency in Microsoft Office applications, including Excel, Word, and Outlook.
  • Proven ability to build and maintain collaborative relationships with providers while partnering cross-functionally to resolve complex contract issues.
  • Highly organized with strong prioritization skills; able to manage multiple negotiations and competing priorities while meeting deadlines.
  • Candidates must reside in the state of Illinois.


Preferred Qualifications
  • Experience with Commercial and Medicare lines of business.

Education
  • Bachelor's degree preferred or a combination of professional work experience and education.


Anticipated Weekly Hours
40

Time Type
Full time

Pay Range

The typical pay range for this role is:

$66,330.00 - $145,860.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

Great benefits for great people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 08/17/2026

About CVS Health

Omnicare provides comprehensive pharmaceutical services to patients and providers across the United States. As the market-leader in professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other chronic care settings, Omnicare leverages its unparalleled clinical insight into the geriatric market along with some of the industry's most innovative technological capabilities to the benefit of its long-term care customers. Omnicare also provides key commercialization services for the bio-pharmaceutical industry through its Specialty Care Group.

CVS Health Careers

Joining CVS Health presents a unique opportunity to advance your career in a company where innovation, leadership, and growth go hand in hand. As a leader in the healthcare industry, CVS Health is more than just a pharmacy. We are a team of professionals dedicated to improving lives and optimizing health outcomes.

Work You’ll Do

At CVS Health, you will be part of a culture that values diversity and inclusivity, fostering an environment where every team member’s contribution is valued. Engage in meaningful work that directly impacts lives, driving innovation in healthcare services and solutions.

Explore Job Opportunities

Whether you’re looking for a position in pharmacy services, corporate leadership, or in-store management, CVS Health offers a variety of employment opportunities that will help you harness your skills and thrive professionally. Our job opportunities span across a wide range of professional fields and geographic locations, ensuring that your career at CVS Health aligns with your professional goals and lifestyle.

Internship Programs

Kickstart your career with CVS Health through our internship programs. These opportunities are designed for ambitious students eager to develop their skills in a real-world setting. Internships at CVS Health are not only about gaining work experience but also about making meaningful contributions to our ongoing projects.

Professional Growth and Development

CVS Health is committed to the professional growth of our employees. With access to cutting-edge technology, industry-leading experts, and comprehensive diversity training, our team members are equipped to lead and innovate. We support career advancement through professional development programs, leadership training, and opportunities for networking and internal mobility.

Benefits and Culture

Our employees enjoy a range of benefits that reflect our commitment to their well-being and success. From health and wellness benefits to professional development programs, CVS Health is dedicated to ensuring our team members have the resources they need. Our inclusive culture encourages collaboration and continuous learning, making CVS Health a place where you can grow and succeed.

Join Our Team

Ready to take the next step in your career? Explore the open positions at CVS Health that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Stay Connected

Keep up to date with the latest news, career tips, and industry insights from CVS Health. Personalize your experience by subscribing to job alert emails, tailored to your preferences and professional interests. Discover the rewarding opportunities that await at CVS Health, where your career development is always a priority.

Search CVS Health Jobs

Don’t just look for a job. Look for a place where you can be a part of something bigger. Visit our careers page to find the position that’s right for you and join a team that values innovation and leadership in healthcare.

READ CAREERS BLOG

Stay ahead in your career with insights from those who know CVS Health best – our team. Learn from their experiences and get insider tips that can help you succeed in your next interview, craft a standout resume, and build a career you’re proud of at CVS Health.
Learn more about CVS Health
Size
300,000 employees
Market Cap
$122 billion
Industry
Net Income
$7.1 billion
Founded
1963
5 Year Trend
+10.5%
Revenue
$268.7 billion
NASDAQ

Similar Jobs

More Jobs at CVS Health

  • CVS Health
    Physician Assistant
    $87K — $187K *
    Phoenix, AZ 85032 (Maricopa County)
    Healthcare
    In-Person
  • CVS Health
    District Support Pharmacist Full Time
    $135K — $168K *
    Apple Valley, CA 92308 (San Bernardino County)
    Pharmaceuticals & Biotech
    In-Person
  • CVS Health
    Pharmacy Manager
    $135K — $176K *
    Miami, FL 33186 (Miami-Dade County)
    Pharmaceuticals & Biotech
    In-Person
  • CVS Health
    Staff Pharmacist - FT
    $124K — $158K *
    Fort Worth, TX 76137 (Tarrant County)
    Healthcare
    In-Person
  • CVS Health
    Pharmacy Manager
    $135K — $176K *
    Mattapan, MA 02126 (Suffolk County)
    Pharmaceuticals & Biotech
    In-Person

More Healthcare Jobs

Find similar Contract Negotiation Manager - Illinois jobs: