Devoted Health

VP Network Development

New York, New York, United States

$240,000 – $290,000Compensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Health Insurance, Managed CareIndustries

Position Overview

  • Location Type: Not Specified
  • Employment Type: Full time
  • Salary: $240,000 - $290,000 / year (Ranges are purposefully broad to allow for growth within the role)

Devoted Health is seeking a highly experienced professional to join our organization and play a key role in network development and management. This position focuses on provider relations and servicing for a designated geographic area. The ideal candidate will possess a strong understanding of provider contracting, negotiation, and compliance, with a proven ability to build and maintain relationships with a diverse range of healthcare providers. Devoted Health is committed to dramatically improving the health and well-being of older Americans by providing a complete and integrated healthcare solution.

Requirements

  • Experience: 10+ years of experience in recruiting and managing provider networks.
  • Contract Negotiation: Extensive experience negotiating and renegotiating contracts with physician groups, hospitals, ancillary providers, and other healthcare organizations.
  • Payment Methodologies: Thorough knowledge of contracting with providers using various payment methodologies.
  • Software Proficiency: Solid ability to navigate Google or MS Suite of products.
  • Startup Environment: Ability to thrive in a fast-paced, startup environment.

Responsibilities

  • Network Development & Management: Development, maintenance, and management of an adequate provider network within an assigned geographical area.
  • Provider Relations: Maintaining relationships and all provider relations activities within the assigned geographic area.
  • Contract Negotiation: Negotiating and renegotiating contracts with all provider types as assigned.
  • Compliance Monitoring: Monitoring of various reports to ensure all necessary compliance requirements are met and maintained.
  • Reporting: Reporting to leadership on current status, risks, and potential opportunities in the area on a regular basis.
  • Team Support: Support of the overall Network Team as required to achieve success of Devoted Health.

Desired Skills & Experience

  • Decision Making: Ability to make quick, independent decisions.
  • Negotiation Skills: Mutually beneficial negotiation skills.
  • Attention to Detail: Strong attention to detail.
  • Financial Analysis: Ability to analyze financial reports and identify trends/variances.
  • Strategic Thinking: “Big Picture” thinking and understanding the impact of decisions on the network as a whole.
  • Communication Skills: Extremely effective oral/written communication skills.
  • System Proficiency: Comfort using multiple systems.

Company Information

Devoted Health was founded in 2017 and is committed to providing a complete and integrated healthcare solution for older Americans. We are a rapidly growing company with a mission to dramatically improve the health and well-being of our members.

Skills

Provider Contracting
Negotiation
Compliance
Provider Relations
Healthcare Contracting
Payment Methodologies
Google Suite
MS Office
Network Development
Relationship Management

Devoted Health

Medicare Advantage plans with personalized support

About Devoted Health

Devoted Health provides Medicare Advantage plans aimed at simplifying and making healthcare more affordable for seniors aged 65 and older. Their plans include services like provider and pharmacy searches, prescription drug coverage, and preventive care rewards. Members pay premiums for these plans, and the company may also receive government payments for managing Medicare benefits. What sets Devoted Health apart from competitors is their high level of customer service, featuring Devoted Health Guides who assist members in navigating their healthcare options and addressing common issues with traditional insurance. Additionally, they promote preventive care through the Devoted Dollars program, which rewards members for engaging in health activities. The goal of Devoted Health is to create a more compassionate and accessible healthcare experience for its members.

Waltham, MassachusettsHeadquarters
2017Year Founded
$2,194.5MTotal Funding
SERIES_ECompany Stage
HealthcareIndustries
1,001-5,000Employees

Benefits

Comprehensive health plan
401(k) retirement plan
Generous vacation and holiday time
Lyra mental health resources
Time off to vote

Risks

Increased competition from Medicare Advantage providers like Clover Health and Oscar Health.
Potential regulatory changes affecting Medicare Advantage plans by CMS.
Rising healthcare costs could impact the affordability of Devoted Health's plans.

Differentiation

Devoted Health offers personalized assistance through Devoted Health Guides for member support.
The company emphasizes preventive care with its Devoted Dollars rewards program.
Devoted Health integrates virtual and in-home care with top local providers.

Upsides

Devoted Health raised $287 million in Series E funding in 2024.
The company expanded Medicare Advantage plans to eight new states in 2023.
Devoted Health achieved a 5-star Medicare Advantage rating in Ohio in 2023.

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