
Contract Manager
OneOncology · United States
- Hybrid
- Full-time
- $95,000 / year
- United States
Job highlights
- Manage contract lifecycle for physician practices.
- Develop and execute payer strategies and negotiations.
- Ensure contract compliance and financial targets.
- Collaborate with internal teams and stakeholders.
- Support value-based care program development.
About the role
Role Summary:
The Contract Manager will report to OneOncology’s Sr. Manager, Contract Management. This role will be accountable for the contract lifecycle and performance of assigned physician practices, including negotiations and strategy development. The contract lifecycle will include negotiations and strategy development, maintenance, and contributing to value-based care development. This position does not typically have any direct or indirect employees to manage. This is a remote position that does require some travel and proximity to a major airport.
Responsibilities:
- Assists in detailed analysis of performance, and provide evaluation, on existing payer contracts in assigned practices.
- Actively participates in developing payer strategies and business goals with the leadership team for assigned practices/markets.
- Assures contractual arrangements meet financial targets and legal/regulatory compliance requirements.
- Leads payer negotiations including managing template versions, review/approval process and multiple concurrent negotiations.
- Works with internal team members to coordinate analytic requirements and other projects impacted by contract negotiations/revenue.
- Accountable for all payer related issues and ensuring practices have timely support as needed.
- Responsible for the accuracy of supporting documentation for contracts and completing documents accurately.
- Ensures contractual language is kept current; evaluate fee schedule on a yearly basis to identify opportunities for additional covered services, medical policy changes and reimbursement.
- Provides training and education to practice stakeholders as needed on any payer related subject.
- Ensures practices have access to and properly utilizes all payer tools.
- Creates and maintains productive and professional relationships between operations, partner practices and payers.
- Ability to work in a matrix environment where multiple and competing customer demands are likely.
- Focuses on client satisfaction through internal and external communication.
- Demonstrates proficiency with financial reports and modeling.
- Assists in the development of other team members through mentoring if necessary.
- Participates in the development and/or advancement of value-based care programs.
- Additional responsibilities as assigned to help drive our mission of improving the lives of everyone living with cancer.
Required or Preferred Qualifications:
- Associate’s or Bachelor’s degree required in business, finance, healthcare administration or other relevant fields of study. Master’s degree preferred but not required.
- Minimum 5 years relevant experience working with hospital, clinic, physician practice or healthcare system contracting.
- Demonstrated knowledge and understanding of the legal and regulatory requirements in the healthcare industry.
- Current industry experience negotiating physician contracts required.
- Current or previous payer contracting experience preferred but not required.
- Travel flexibility as needed.
Essential Competencies:
- Excellent written and verbal communication skills.
- Strong negotiation skills.
- In depth knowledge of Medicare, Medicaid, and commercial insurance.
- Demonstrates proficiency with financial reports and modeling.
- Ability to utilize contract management software tools.
- Conflict resolution skills and strong relationship building skills.
- Strong attention to detail.
- Innovative problem solving and strong critical thinking skills.
- Ability to manage multiple complex projects at the same time.
- Participated in implementation of contract management software tools.
- Experience in value-based care program development.
- Attendance is an essential job function.
This job description does not contain a full listing of activities, duties or responsibilities required of this role. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice.
Key skills/competency:
- Contract Management
- Payer Negotiations
- Healthcare Contracting
- Value-Based Care
- Financial Analysis
- Regulatory Compliance
- Relationship Management
- Conflict Resolution
- Project Management
- Contract Management Software
Skills & topics
- Contract Manager
- Healthcare Contracts
- Payer Negotiations
- Physician Contracting
- Value-Based Care
- Medicare
- Medicaid
- Financial Analysis
- Regulatory Compliance
- Remote Job
How to get hired
- Tailor your resume: Highlight your 5+ years of healthcare contracting and negotiation experience, focusing on physician contracts.
- Showcase relevant skills: Emphasize your knowledge of Medicare, Medicaid, commercial insurance, and financial modeling in your application.
- Demonstrate industry understanding: Clearly articulate your grasp of legal and regulatory requirements within the healthcare sector.
- Prepare for interviews: Be ready to discuss your experience in value-based care and conflict resolution, providing specific examples.
Technical preparation
Behavioral questions
Frequently asked questions
- What is the primary focus of the Contract Manager role at OneOncology?
- The Contract Manager at OneOncology is primarily responsible for managing the entire lifecycle of contracts for assigned physician practices, including negotiations, strategy development, maintenance, and contributing to value-based care initiatives. This involves ensuring contractual arrangements meet financial targets and comply with legal/regulatory requirements.
- What level of experience is required for the Contract Manager position at OneOncology?
- A minimum of 5 years of relevant experience in hospital, clinic, physician practice, or healthcare system contracting is required. Experience negotiating physician contracts is essential, and prior payer contracting experience is preferred.
- Is the Contract Manager role at OneOncology remote, and what are the travel expectations?
- Yes, this is a remote position. However, it does require some travel and proximity to a major airport, indicating that occasional site visits or meetings may be necessary.
- What are the key competencies for a successful Contract Manager at OneOncology?
- Key competencies include strong negotiation skills, in-depth knowledge of Medicare, Medicaid, and commercial insurance, proficiency in financial reports and modeling, excellent written and verbal communication, conflict resolution, relationship building, attention to detail, and innovative problem-solving skills.
- Does the Contract Manager role involve managing direct reports at OneOncology?
- No, this position does not typically involve managing any direct or indirect employees. The focus is on individual contribution and managing contract-related responsibilities.
- What educational background is preferred for the Contract Manager role?
- An Associate's or Bachelor's degree in business, finance, healthcare administration, or a related field is required. A Master's degree is preferred but not mandatory.
- How does OneOncology support value-based care initiatives through this role?
- The Contract Manager participates in the development and advancement of value-based care programs, aligning contractual strategies with these evolving models of healthcare delivery.
- What kind of software tools is a Contract Manager expected to utilize at OneOncology?