Humana

Provider Contracting Executive

Florida, United States

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
HealthcareIndustries

About the Role

Become a part of our caring community and help us put health first. The Provider Contracting Executive initiates, negotiates, and executes physician, hospital, and/or other provider contracts and agreements.

Responsibilities

  • Analyzes financial impact of contracts and terms.
  • Maintains contracts and documentation within a tracking system.
  • May assist with identifying and recruiting providers based on network composition and needs.
  • Advises executives to develop functional strategies (often segment specific) on matters of significance.
  • Communicates contract terms, payment structures, and reimbursement rates to providers.
  • Works on problems of diverse scope and complexity ranging from moderate to substantial.
  • Uses independent judgment requiring analysis of variable factors and determining the best course of action.
  • Exercises independent judgment and decision making on complex issues regarding job duties and related tasks, and works under minimal supervision.

Required Qualifications

  • 5 or more years of progressive network management experience including hospital contracting and network administration in a healthcare company
  • 2 or more years of project leadership experience
  • Extensive provider contracting skills, including contract negotiation, preparation and implementation, financial analysis and rate proposal development
  • Excellent written and verbal communication skills and experience presenting to varied audiences
  • Ability to manage multiple priorities in a fast-paced environment
  • Working knowledge of Microsoft Office applications

Preferred Qualifications

  • Bachelor's Degree
  • Experience with ACO/Risk Contracting
  • Experience with Value Based Contracting

Work Environment & Schedule

  • Employment Type: Full time
  • Scheduled Weekly Hours: 40
  • Work Location: Remote/Work at Home (must live in the State of Florida)
  • Internet Service Requirements: Minimum download speed of 25 Mbps and upload speed of 10 Mbps (wireless, wired cable or DSL suggested; satellite, cellular and microwave connections may be approved by leadership).
  • California, Illinois, Montana, or South Dakota Residents: Will be provided a bi-weekly payment for internet expense.
  • Equipment: Humana will provide appropriate telephone equipment.
  • Work Space: Must work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information.
  • Travel: Occasional travel to Humana's offices for training or meetings may be required.

Compensation & Benefits

  • Pay Range: $94,900 - $130,500 per year
  • Bonus: Eligible for a bonus incentive plan based on company and/or individual performance.
  • Benefits: Humana offers competitive benefits supporting whole-person well-being, including:
    • Medical, dental, and vision benefits
    • 401(k) retirement savings plan
    • Time off (paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave)
    • Short-term and long-term disability

Skills

Provider Contracting
Contract Negotiation
Financial Analysis
Rate Proposal Development
Network Management
Hospital Contracting
Network Administration
Project Leadership
ACO Contracting
Risk Contracting
Value Based Contracting
Microsoft Office

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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