CVS Health

Manager, Payer Partnerships and Contracting

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

Qualifications

  • 4-5+ years managing payer-provider relationships and leading value-based contracting, ideally in a primary care or Medicare Advantage setting
  • Proven success in negotiating and managing value-based contracts with a strong grasp of financial and operational terms
  • Strong financial acumen with experience in evaluating contract economics and monitoring performance
  • Understanding of Medicare Advantage operations, including Stars performance and membership attribution
  • Experience with payer-provider data sharing, provider management, and contract management systems
  • Exceptional communication and stakeholder management abilities, with an executive presence
  • Strong project management skills, capable of driving complex initiatives to resolution
  • Ability to travel for occasional in-person meetings

Responsibilities

  • Own partnerships with national/regional Medicare Advantage health plans
  • Manage health plan relationships and lead contract negotiations
  • Implement value-based contracts and ensure operational performance
  • Collaborate with cross-functional teams including executives and field leaders
  • Communicate contract performance, strengths, risks, and opportunities to leadership
  • Lead and develop team members while representing company values
  • Innovate workflows to improve operational efficiency

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Paid time off
  • Retirement savings options
  • Wellness programs and support resources
  • Eligibility for a competitive benefits package based on qualifications
Full Job Description

Position Summary

Oak Street Health is seeking a talented and accomplished leader to serve as Manager, Payer Partnerships and Contracting. This leader will own Oak Street Health’s partnerships with national and regional Medicare Advantage health plans, including managing health plan relationships, contract negotiations and implementation, and ongoing operations and performance.

This position plays a critical role in OSH’s mission and growth by advancing our value‑based care model by ensuring strong, collaborative, and sustainable relationships with our health plan partners.

This leader approaches payer relationships with a “business owner” mindset, proactively identifying opportunities to demonstrate Oak Street Health’s value, negotiating and managing complex value‑based contracts, and resolving operational issues with urgency and accountability. The role partners closely with cross‑functional teams internally - including company executives, clinical, finance, data, population health, membership, engagement, legal, and field leaders - to drive successful contract implementations, monitor contract performance, communicate strengths, risks and opportunities to senior leadership, and continuously improve workflows. The position also may include responsibility for leading and developing team members and representing Oak Street Health with executive presence internally and externally.

Required Qualifications

  • 4-5+ years of experience managing payer-provider relationships and leading value‑based contracting and operations, preferably within a value‑based primary care organization or Medicare Advantage payer organization

  • Proven success negotiating and managing value‑based contracts, with a strong understanding of key financial and operational terms and provider incentive design

  • Strong financial and analytical acumen, including experience evaluating contract economics, monitoring performance, performing root‑cause analysis, and communicating accordingly to senior leadership

  • Demonstrated understanding of Medicare Advantage operations, including Stars performance optimization and membership attribution

  • Experience with payer‑provider data‑sharing frameworks, provider roster management and credentialing processes, and contract management systems and reporting tools

  • Exceptional communication, facilitation, and stakeholder management skills, with executive presence and the ability to be personable yet persistent

  • Outstanding project management skills; ability to independently drive complex initiatives to resolution in a fast‑paced environment

  • Ability to manage multiple priorities while maintaining strong attention to detail and sound business judgment

  • Proficiency in Microsoft Excel, Word, PowerPoint, and similar tools

  • Ability to travel for occasional in‑person payer and team meetings 

  • U.S. work authorization

  • Demonstrated alignment with “Oaky” values: Radiating positive energy, Assuming good intentions, Creating an unmatched patient experience, Driving clinical excellence, Taking ownership and delivering results, Being relentlessly determined

Preferred Qualifications

  • People leadership experience, including managing, developing, and mentoring teammates within matrixed and rapidly evolving organizations.

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 .

We anticipate the application window for this opening will close on: 06/15/2026

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.

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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.

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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.

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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.

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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

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