Beth Israel Lahey Health

Director of Contracting, BILH Performance Network

Beth Israel Lahey Health$150K — $195K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; Master's degree preferred.
  • 5-8 years of relevant work experience, including 1-3 years in a supervisory or management role.
  • Strong negotiation and presentation skills necessary.
  • Advanced proficiency in Microsoft Office applications, particularly Excel and PowerPoint.
  • Expertise in healthcare contracting and payer strategy.

Responsibilities

  • Partner with the Vice President of Contracting to negotiate and manage contracts efficiently.
  • Propose innovative contracting and pricing strategies based on comprehensive market analysis.
  • Negotiate contract language to ensure consistency across all agreements in cooperation with the General Counsel.
  • Coordinate thorough finance, legal, and operational reviews of contracts for compliance and approval.
  • Oversee all Contract Committees, guiding the direction and preparing presentations for senior leadership.
  • Collaborate with the finance team to develop and monitor risk-sharing methodologies for healthcare providers.
  • Maintain a comprehensive overview of all contracting activities within BILHPN and related entities.

Benefits

  • Opportunities for professional growth and development.
  • Collaborative work environment with cross-functional teams.
  • Direct involvement in strategic decision-making processes.
  • Visibility and influence in leadership presentations and discussions.
Full Job Description
Reporting to the Vice President, Contracting for Beth Israel Lahey Health Performance Network (BILHPN), the Director of Contracting is responsible for managing legal review, policy compliance, contract retention and administrative tracking of all contracts to which BILHPN, including its subsidiaries and affiliates, is a party. Will manage negotiation and execution of managed care contracts between BILHPN, other BILH entities, affiliated providers and various managed care payers. Advances BILHPN payer strategy and aligns negotiation with strategy.

Job Description:

1. Partners with the Vice President, Contracting to negotiate and manage BILHPN contracts, including initiate, plan, finalize,

implement, report (written and verbal) and direct related negotiations. (essential)

2. Proposes contracting and pricing models and strategies using knowledge of market, local and national benchmarks, and payer market. Key member of negotiating team for company. (essential)

3. Negotiates contract language across all contracts, striving for uniformity among different contracts, partnering with the General Counsel as needed and as appropriate. (essential)

4. Coordinates finance, legal and operational reviews of contracts. Coordinates sign off on all proposed terms of contracts and amendments, adhering to Company contract sign off and approval processes, including sign off by the monitor of the Assurance of Discontinuance between the Commonwealth of Massachusetts and BILH. (essential)

5. Develops and adheres to all Company processes for tracking rates and terms of all contracts. (essential)

6. Oversees Contract Committees for BILHPN and affiliated entities as necessary. Works directly with committee chairs/co chairs to set agenda and direction of committees, as well as manage content of all materials for meetings. Responsible for creating presentation materials for presentations to senior leadership and Board members. (essential)

7. Works with the Contracts and Finance team of BILHPN to develop risk sharing methodologies for hospitals and physicians to share risk. Monitors methodologies and adjusts risk sharing strategies to account for changes in marketplace and contract terms. (essential)

8. Knowledgeable of all contracting efforts within BILHPN and BILH as it may apply to hospital, physician, home care and hospice, behavioral health, transplant, ancillary or international contracts, as at any time these may come under the auspices of

the Director. (essential)

9. Serves as a member of the BILHPN's Leadership Team; is a valuable member of the team based on core business subject matter expertise, general industry knowledge and skills and interest in being a member of a team. Consults with other members of the BILHPN Leadership Team on contract terms and updates to contracts that may apply to operational areas within BILHPN or BILH entities. (essential).

10. Has the authority to direct and support managers with functional area responsibilities. Has the direct responsibility to undertake the following employment actions: hiring, termination, corrective action and performance reviews.

Additional Responsibilities:

1. Supervises contracting personnel, overseeing scope, direction and output of work, with focus on staff development. Ensures

staff is balancing competing major priorities

Required Qualifications:

1. Bachelor's degree required. Master's degree preferred.

2. 5-8 years related work experience required and 1-3 years supervisory/management experience required 3.

Negotiation and Presentation Skills.

4. Advanced skills with Microsoft applications which may include Outlook, Word, Excel, PowerPoint or Access and other web

based applications. May produce complex documents, perform analysis and maintain databases.

Pay Range:

$150,000.00 USD - $195,000.00 USD

The pay range listed for this position is the annual base salary range the organization reasonably and in good faith expects to pay for this position at this time. Actual compensation is determined based on several factors, that may include seniority, education, training, relevant experience, relevant certifications, geographyof work location, job responsibilities, or other applicable factors permissible by law.

About Beth Israel Lahey Health

Beth Israel Lahey Health Careers

Joining Beth Israel Lahey Health presents a prime opportunity to be part of a team that values innovation, leadership, and diversity. As one of the leading healthcare providers, Beth Israel Lahey Health offers a variety of job opportunities that cater to a range of skills and professional interests, making it an ideal place for both seasoned professionals and those seeking entry-level positions.

Explore Job Opportunities

Beth Israel Lahey Health is continuously expanding its team and is on the lookout for individuals passionate about making a difference in healthcare. With a variety of positions available, from clinical roles to administrative support, the company is committed to hiring top talent to enhance their services.

Internship and Training Programs

For those starting their career, Beth Israel Lahey Health provides internship programs designed to offer real-world experience in a supportive environment. These programs are complemented by comprehensive diversity training and leadership development, preparing interns not just for immediate roles but for a long-term successful career in healthcare.

Professional Growth and Development

Beth Israel Lahey Health is dedicated to the professional growth of its team members. Employees are encouraged to take advantage of career development opportunities, including workshops, seminars, and continuing education, all designed to enhance their skills and knowledge.

Culture and Benefits

The culture at Beth Israel Lahey Health is built on a foundation of collaboration and respect, which is evident in their commitment to diversity and inclusion. Employees enjoy a range of benefits that support both their professional and personal lives, fostering a workplace where individuals can thrive.

Networking and Innovation

Beth Israel Lahey Health promotes a culture of innovation where team members are encouraged to bring forward ideas that drive improvement and efficiency. Networking within the company is supported through various events and internal platforms, helping employees build meaningful connections that can enhance their careers.

Applying for a Position

To apply for a position at Beth Israel Lahey Health, candidates should prepare their resume to highlight relevant experience and skills. The interview process is designed to assess not only professional qualifications but also a candidate's alignment with the company’s values and culture.

Stay Connected with Beth Israel Lahey Health Careers

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Search open positions that match your skills and interests. Beth Israel Lahey Health looks for passionate, curious, creative, and solution-driven team players. Explore the rewarding career opportunities that await at Beth Israel Lahey Health.

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