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Payor Strategy

Posted 4 months agoViewed

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πŸ’Ž Seniority level: Lead

πŸ“ Location: USA

πŸ” Industry: Healthcare

🏒 Company: Fay

πŸͺ„ Skills: LeadershipBusiness DevelopmentData AnalysisPeople ManagementCross-functional Team LeadershipStrategyCommunication SkillsAnalytical SkillsCollaborationNegotiationRelationship building

Requirements:
  • Proven history of leading payor contracting, including negotiations with national and local payors.
  • Strong knowledge of healthcare service payment strategies.
  • Ability to recruit, retain, and mentor a top-tier payer function and team.
Responsibilities:
  • Expand and develop a strategy for payor contracting across existing and new health plans.
  • Research and build relationships with key stakeholders at target health plans.
  • Develop partnership proposals tailored to target health plans' needs.
  • Negotiate new contracts for maximum revenue and operational efficiency.
  • Direct the launch of new markets via contracting with various payors.
  • Optimize collections and verification processes in collaboration with the RCM team.
  • Create and track KPIs and quality indicators for payors.
  • Manage all contracts and contract terms effectively.
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