Director, Payer and Value Based Contracting

LifePoint Health

$110K — $130K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Finance, Healthcare Administration, or related field; Master's preferred.
  • Minimum of 5 years in healthcare, managed care, payer relations, or value-based care contracting.
  • Experience with Medicare Advantage, Medicaid, Commercial, ACA, or risk/value-based reimbursement arrangements preferred.
  • Strong understanding of payer relationships and contract negotiation.
  • Proven ability to analyze and enhance contract performance metrics.

Responsibilities

  • Develop and manage value-based care payer contracts across various lines of business.
  • Lead relationship management with payer partners, aiding in negotiation and implementation.
  • Participate in payer meetings and document key decisions and action items.
  • Maintain a comprehensive tracker of all value-based care contracts.
  • Monitor contract performance with Finance and Analytics teams focusing on quality and financial measures.
  • Prepare actionable reports for internal leadership on contract performance and payer updates.
  • Facilitate strategic discussions among various stakeholders to promote value-based care success.
  • Identify risks and operational barriers, proposing cross-functional solutions.

Benefits

  • Comprehensive medical, dental, and vision coverage for full and part-time employees.
  • Life, accident, critical illness, and disability insurance; paid family leave and PTO.
  • Tuition assistance for education and certification, along with loan assistance and a 401(k) match.
  • Wellness programs for mental, physical, and financial health, including gym memberships and mental health services.
  • Opportunities for ongoing career development and professional advancement.
Full Job Description
JOB DESCRIPTION

Schedule: Days: M-F

Job Location Type: Hybrid - Brentwood, TN

More about our team

The Director, Payer Relationships and Value-Based Contracting provides strategic and operational leader-ship for Advantage Point Health Alliance9s payer relationships and value-based care contract portfolio across Medicare Advantage, Medicaid, Commercial, and ACA lines of business. This role serves as the primary Population Health liaison for payer engagement, contract negotiation support, contract performance oversight, and ongoing relationship management in partnership with Managed Care, network leadership, Finance, Analytics, Quality, Medical Group Services, Legal, and market stakeholders.

How you9ll contribute

ADirector, Payer Relationships and Value-Based Contracting who excels in this role:

  • Responsible for the development, management, negotiation support, and performance oversight of Advantage Point Health Alliance9s value-based care payer contracts across Medicare Advantage, Medicaid, Commercial, and ACA lines of business, in accordance with the company9s strategic plan and in compliance with all relevant federal, state, and local regulations.

  • Serve as the primary Population Health relationship lead for payer partners, working in close collaboration with Managed Care leaders to source, review, negotiate, implement, renew, and monitor value-based care contracts and associated performance metrics.

  • Attend and actively participate in all payer Joint Operating Committee meetings, operational calls, and other payer-facing meetings related to assigned value-based care contracts. Ensure key decisions, action items, performance concerns, contract requirements, and follow-up needs are documented and communicated to appropriate internal stakeholders.

  • Maintain a comprehensive master tracker of value-based care contracts, including payer, product line, covered lives, contract term, key quality measures, financial performance indicators, reporting requirements, payment methodology, performance status, risks, opportunities, and assigned action items.

  • Monitor contract performance in partnership with Finance, Analytics, Quality, Clinical Operations, Network Directors, and other support teams, with particular focus on quality measure achievement, financial performance, shared savings/shared risk status, care gap performance, utilization trends, and emerging performance risks.

  • Prepare concise and actionable summary materials for network board meetings, committee meetings, and internal leadership updates, including payer relationship updates, contract performance summaries, quality measure status, financial performance trends, risks, opportunities, and recommended next steps.

  • Assist Network Directors in strategic planning to improve performance under value-based care contracts, including translating payer contract requirements and performance data into actionable market strategies, provider engagement priorities, operational focus areas, and measurable improvement plans.

  • Facilitate strategic discussions, build consensus, and support decision-making among payer partners, Net-work Directors, physician leaders, market leadership, Managed Care, Finance, Analytics, Quality, Legal, Clinical Operations, and Health Support Center leadership to advance value-based care contract success.

  • Maintain a proactive approach to identifying payer relationship issues, contract performance risks, operational barriers, and emerging value-based care opportunities; develop recommendations and coordinate cross-functional solutions to support long-term success for the Clinically Integrated Networks.

  • Provide subject matter expertise on payer contracting, value-based care performance, payer operations, contract metrics, and payer reporting requirements. Stay informed on value-based care program changes, payer market trends, quality measure updates, and reimbursement models impacting Medicare Advantage, Medicaid, Commercial, and ACA contracts.

  • Work with Support Teams within the HSC including Managed Care, Legal, Quality, Communications, Finance, Marketing, HITs, Medical Group Services, Hospital Operations Leadership, and local markets to ensure payer contract performance priorities are aligned, tracked, and supported.

Why join us

We believe that investing in our employees is the first step to providing excellent patient care. In addition to your base compensation, this position also offers:

  • Comprehensive Benefits:Multiple levels of medical, dental and vision coverage for full-time andpart-time employees.

  • Financial Protection & PTO:Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.

  • Financial & Career Growth:Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.

  • Employee Well-being:Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).

  • Professional Development:Ongoing learning and career advancement opportunities.

What we9re looking for

  • Education: Bachelor9s Degree in Business, Finance, Healthcare Administration, or related field. Master9s degree preferred.

  • Experience: Minimum of 5 years of relevant experience in healthcare, managed care, payer relations, value-based care contracting, clinically integrated networks, accountable care organizations, provider network strategy, consulting, or finance.

    • Experience with Medicare Advantage, Medicaid, Commercial, ACA, or other risk-based/value-based reimbursement arrangements preferred.

  • Travel: Ability to travel up to 10% of the time

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