Humana

Senior Provider Contracting Professional

San Antonio, Texas, United States

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

Senior Provider Contracting Professional

Employment Type: Full-time

Position Overview

Become a part of our caring community and help us put health first. The Senior Provider Contracting Professional initiates, negotiates, and executes physician, ancillary, hospital, and/or other provider contracts and agreements. This role involves moderately complex to complex issues where the analysis of situations or data requires an in-depth evaluation of variable factors. The Senior Provider Contracting Professional communicates contract terms, payment structures, and reimbursement rates to providers for the North Carolina Market. They will analyze the financial impact of contracts and terms, and maintain contracts and documentation within a tracking system. This position may also assist with identifying and recruiting providers based on network composition and needs. The Senior Provider Contracting Professional makes decisions on moderately complex to complex issues regarding technical approach for project components and works without direction, exercising considerable latitude in determining objectives and approaches to assignments.

Required Qualifications

  • 3 or more years of progressive network management experience.
  • Experienced in negotiating managed care contracts with physician groups and ancillary providers.
  • Proficiency in analyzing, understanding, and communicating the financial impact of contract terms, payment structures, and reimbursement rates to providers.
  • Excellent written and verbal communication skills.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Proficiency in MS Office applications.
  • Must live in Eastern or Central Time Zone.

Preferred Qualifications

  • Bachelor's degree.
  • Experience working with North Carolina providers.
  • Experience with ACO/Risk Contracting.
  • Experience with Value Based Contracting.
  • Located in North Carolina.

Work Environment & Additional Information

  • Work Location: This role is "remote/work at home".
  • Time Zone Requirement: To be considered for this opportunity, you must live within the Eastern or Central Time Zone.
  • Internet Service: For Home or Hybrid Home/Office employees, self-provided internet service must meet the following criteria:
    • Minimum download speed of 25 Mbps and an upload speed of 10 Mbps.
    • Wireless, wired cable, or DSL connection is suggested.
    • Satellite, cellular, and microwave connections may be used only if approved by leadership.
  • Internet Expense Reimbursement: Employees who live and work from Home in California, Illinois, Montana, or South Dakota will be provided a bi-weekly payment for their internet expense.
  • Telephone Equipment: Humana will provide Home or Hybrid Home/Office employees with appropriate telephone equipment to meet business requirements.
  • Work Space: Employees must work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information.
  • Travel: While this is a remote position, occasional travel to Humana's offices for training or meetings may be required.

Compensation & Incentives

  • Scheduled Weekly Hours: 40
  • Pay Range: $78,400 - $107,800 per year. This range reflects a good faith estimate of starting base pay. Actual pay will vary based on demonstrated job-related skills, knowledge, experience, education, certifications, and geographic location.
  • Bonus Incentive: This job is eligible for a bonus incentive plan based on company and/or individual performance.

Description of Benefits

Humana, Inc. and its affiliated subsidiaries offer competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family, while also acknowledging that life extends beyond work. Benefits include:

  • Medical, dental, and vision benefits.
  • 401(k) retirement savings plan.
  • Time off (including paid time off, company and personal holidays, volunteer time off).

Skills

Provider Contracting
Negotiation
Managed Care Contracts
Physician Groups
Ancillary Providers
Financial Analysis
Contract Terms
Payment Structures
Reimbursement Rates
MS Office
ACO Contracting
Risk Contracting
Value Based Contracting

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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