Humana

Network Optimization Principal

Illinois, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Managed Care, Healthcare Services, Health InsuranceIndustries

Network Optimization Principal

Employment Type: Full-time

Position Overview

Humana Gold Plus Integrated is seeking a highly strategic and detail-oriented Network Optimization Principal to lead the development and maintenance of the Illinois Medicaid and LTSS plan’s provider network. This senior-level role is responsible for driving network optimization and value, ensuring compliance with Illinois Managed Care Contract network requirements. The Network Optimization Principal will analyze provider network performance, inform contracting and termination decisions, partner with Provider Relations to address operational issues, and advise on network composition and value-based payment strategy. This is a collaborative role requiring critical thinking, problem-solving, independence, leadership, a strategic mindset, and attention to detail. This position reports to the plan’s Chief Operating Officer.

Responsibilities

  • Define and execute network development strategy to promote access, adequacy, and high-value care delivery, aligning with financial, operational, and clinical goals.
  • Maintain annual and ad hoc updates to the network development plan.
  • Serve as a Subject Matter Expert (SME) on Illinois contractual requirements for network standards and penalties for non-compliance.
  • Analyze internal and external data, as well as market intelligence.
  • Monitor network adequacy data to recommend targeted contracting opportunities and support resolution processes for network terminations.
  • Identify areas of risk in Medicaid NetAd reporting and strategize network time & distance, provider-to-enrollee ratios, and timely access gap closures by targeting providers for recruitment and monitoring progress.
  • Serve as a Subject Matter Expert (SME) on provider crosswalk/mapping from Humana’s data to state files, ensuring accuracy in data submissions to the state agency.
  • Oversee ad hoc contracting/re-contracting campaigns for new or expanded services.
  • Collaborate with clinical and utilization management (UM) teams to identify access-to-care issues, including timely access standards, geographic barriers, close panel limitations, operational issues (e.g., claims payment, staffing, rates), and member-specific barriers.
  • Manage network assessment and build for value-added benefits and in-lieu-of services.
  • Identify root causes for inaccuracies in provider data that affect state provider files and/or directories, and relay issues to the appropriate department for resolution.
  • Ensure required submissions to the state agency for incurable gaps and terminations are completed.
  • Monitor terminations to account for their impact on network adequacy.
  • Oversee required communication processes to notify members and providers.
  • Develop a tracking system for transparency.
  • Manage approvals for non-standard Fee-for-Service (FFS) or Value-Based Payment (VBP) rate requests.
  • Set strategy and identify providers for participation in VBP programs for Illinois according to contract requirements.
  • Lead routine VBP governance forums to manage VBP strategy execution and review new VBP deals.
  • Identify trend-bender opportunities through contract renegotiation and VBP.
  • Provide market oversight and governance for the management of Illinois required VBP models.
  • Monitor performance against Key Performance Indicators (KPIs) and ensure compliance with contractual commitments and requirements. Partner with health plan leadership to improve KPI performance and ensure contractual compliance.
  • Participate in operating meetings for key provider relationships to facilitate strategic initiatives and improved performance.
  • Work collaboratively with the Chief Operating Officer, Provider Services Director, health plan finance, and clinical and quality teams to achieve strategic goals and priorities.

Requirements

  • Must have... (Further qualifications to be added)

Company Information

  • Company: Humana Gold Plus Integrated
  • Mission: To put health first and foster a caring community.

Skills

Network strategy
Provider network analysis
Contracting and negotiations
Data analysis
Market intelligence
Value-based payment strategy
Regulatory compliance
Operational problem-solving
Leadership
Critical thinking

Humana

Health insurance provider for seniors and military

About Humana

Humana provides health and well-being services, focusing on Medicare Advantage plans for seniors, military personnel, and communities. Their plans include HMO, PPO, and PFFS options, designed to improve health outcomes through comprehensive and flexible coverage. Humana's revenue comes from government contracts and member premiums, and they aim to maintain high renewal rates by offering quality service and competitive benefits. The company stands out by fostering a culture of inclusivity and belonging among its employees, while also ensuring accessibility for all members, including offering free language interpreter services. Humana's goal is to deliver value to its members through an extensive provider network and innovative health solutions.

Louisville, KentuckyHeadquarters
1961Year Founded
IPOCompany Stage
Social Impact, HealthcareIndustries
10,001+Employees

Risks

Potential over-reliance on AI could disrupt operations if systems fail or are compromised.
Rising medical costs and tightening Medicare reimbursements may strain financial performance.
Leadership change with new CEO Jim Rechtin could lead to strategic disruptions.

Differentiation

Humana is a leader in Medicare Advantage plans, focusing on seniors and military personnel.
The company emphasizes inclusivity, offering free language interpreter services for accessibility.
Humana leverages AI and cloud technologies through a partnership with Google Cloud.

Upsides

Humana's investment in Healthpilot enhances digital enrollment for Medicare options.
The company is the first insurer to cover TMS therapy for adolescent depression.
Humana's focus on value-based care aims to improve outcomes for kidney disease patients.

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