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Assistant Director of Hospital-Physician Contracts & Provider Contract Specialists

University of Illinois - Chicago

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Posted:

November 27, 2024

Location:

Chicago, Illinois

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Type:

Full-time

Assistant Director of Hospital-Physician Contracts & Provider Contract Specialists

Assistant Director of Hospital-Physician Contracts & Provider Contract Specialists

Hiring Department: Managed Care

Location: Chicago, IL USA

Requisition ID: 1028190

Posting Close Date: December 31, 2024

Salary: $107,000 - 110,000

About UI Health

The University of Illinois Hospital & Health Sciences System (UI Health) provides comprehensive care, education, and research to the people of Illinois and beyond. A part of the University of Illinois at Chicago (UIC), UI Health comprises a clinical enterprise that includes a 495-bed tertiary care hospital, 22 outpatient clinics, and 13 Mile Square Health Center facilities, which are Federally Qualified Health Centers. It also includes the seven UIC health science colleges: the College of Applied Health Sciences; the College of Dentistry; the School of Public Health; the Jane Addams College of Social Work; and the Colleges of Medicine, Pharmacy, and Nursing, including regional campuses in Peoria, Quad Cities, Rockford, Springfield, and Urbana. UI Health is dedicated to the pursuit of health equity.

Position Summary

Employees in this role provide analytical support for contracting and provider network initiatives for assigned markets. This role oversees all provider contracts. This position serves as an internal liaison between the College of Medicine, the University of Illinois Hospital and external Managed Care related stakeholders. Accountable for providing financial analysis of provider payment terms to support medical cost review for the Finance leadership teams. Evaluates and creates financial analysis of contracts and contract profitability, audits and generates reports and executes appropriate action. Performs provider-level financial analysis. Maintains provider and facility contract information for new updates and renewals. Develops, implements and maintains policy and procedures to ensure compliance.

Duties & Responsibilities

Assist Director in managing all divisions within managed care, including contract process and portfolio, development and maintenance of service operations, eligibility, network development and sustainability, and internal procedures necessary for success.
Assist Director in managing the day-to-day operations of the contracting within managed care commercial division.
Assist Director in managing quality initiatives, including managing network spending and increase performance on quality measures.
Extrapolate raw hospital and professional services claims utilization data, analyze and model against historical and future contractual payment terms and prepare and present analysis to senior administrators with proposed future plan of action.
Conduct annual financial review of contracted payers to ensure adherence to contractual payment terms, including but not limited to monitoring and modeling historical claims utilization data to include but not be limited to the following points of service and service categories: inpatient, outpatient, emergency services, durable medical equipment, primary care services, specialty professional services, high-cost drugs, high-cost implants, ancillary services.
Perform financial impact analysis of changes in Payer reimbursement policies and fee schedules, as needed.
Provide financial analysis of specific provider payment terms, as needed, to support medical cost review for the Finance leadership teams on a regular basis.
Provide a consultative role to Departmental Leadership as they actively negotiate provider and hospital contracts.
Provide reporting, operational metrics, tracking and forecasting.
Identify trends in financial performance and providing recommendations for improvement.
Perform drill-down analysis to identify medical cost drivers; advise leadership of contracting opportunities to mitigate future trends.
Negotiates one-time Letters of Agreement and IPA Agreements.
Manages renewal activity of assigned IPA Agreements, including the monitoring of expiration dates.
Conducts contract negotiations for assigned health insurance plans, outside physician referral sources and external providers.
Maintains provider and facility databases and contract information for new and renewal agreements, creates and evaluates financial analysis of contracts and contract profitability.
Generate reports and provide financial analysis of revenue per department per physician (Physician Scorecard).
Develops, implements and maintains policy and procedures to ensure compliance, prepares presentations and training, participates in the development of new system implementation, and identifies procedural and system inadequacies, and makes revisions, updates and adjustments where appropriate.
Performs other related duties and participates in special projects as assigned.
Perform other related duties and participate in special projects as assigned.

Minimum Qualifications

Bachelor Degree in Business, Health or Public Administration, Management or a degree related to the position.
Possess 5 years' progressive experience in managed care in an Academic Medical Center/hospital or clinic setting or with five (5) years of experience working at a Health Insurance Company.

Demonstrated leadership ability including staff development.
Expansive understanding of health care insurance companies and health care delivery systems.
Direct experience with complex negotiations and contracting and managing capitation including PCP, partial risk and full risk, development of policies and procedures, claims processing & auditing, customer services, and provider relations.
Extensive experience with hospital, physician, and capitation financial modeling and pro forma development within excel, access, word, and project management.

Preferred Qualifications

Highly organized and able to quickly prioritize multiple assignments with high quality results.

Exceptional communication (written and verbal) skills, including the ability to interact with a variety of external and internal audiences.
Business understanding of Health Care Reform, Healthcare Exchange Marketplace, Medicaid expansion, Mandatory Medicaid and timelines.
Ability to manage projects and project time constraints. Contract negotiation experience and skill.
Problem solving skills.

The University of Illinois offers a very competitive benefits portfolio. Click for a complete list of Employee Benefits.

The budgeted salary range for the position is $107,000 to $110,000

We strive to provide a competitive salary, considering factors such as available market data, internal equity, candidate experience and qualifications, and budget constraints. The final salary offer will be determined through a thorough assessment of these elements.

The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify.

The university provides accommodations to applicants and employees. Request an Accommodation
Looking for more University of Illinois positions?

We invite you to search for positions at each of the University of Illinois locations, the University of Illinois System Office and the University of Illinois Foundation. The University of Illinois System Office supports the primary missions of teaching, research, public service, and economic development for all of the Universities and offers positions in all locations. The University of Illinois Foundation is the official fundraising and private gift-receiving agency for the University of Illinois and also offers position in all locations. Click the links below to search for other University of Illinois positions.

University of Illinois Urbana-Champaign
University of Illinois Springfield
University of Illinois System Office
University of Illinois Foundation

The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify.

To apply, visit https://uic.csod.com/ux/ats/careersite/1/home/requisition/12483?c=uic

Internal Number: 5831899

About University of Illinois - Chicago

The University of Illinois Chicago is the city’s largest university and its only public Carnegie Research 1 institution. Its 16 academic colleges serve close to 34,000 undergraduate, graduate and professional students. UIC is recognized as one of the best public universities and one of the most ethnically rich and culturally diverse campuses in the nation, located in the heart of Chicago, it is an integral part of the city's educational, technological and cultural fabric.

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Assistant Director of Hospital-Physician Contracts & Provider Contract Specialists

University of Illinois - Chicago

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