Devoted Health

VP Network Development

New York, New York, United States

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

Requirements

Candidates should possess 10+ years of experience in recruiting and managing provider networks, including negotiating, reviewing, and amending contracts with hospitals, physicians, physician groups, and ancillary providers using various payment methodologies. Strong knowledge of contracting processes and various payment methodologies is required, along with the ability to navigate Google or MS Suite of products.

Responsibilities

This role involves the development, maintenance, and management of an adequate provider network within an assigned geographical area, maintaining relationships with providers, negotiating and renegotiating contracts, monitoring compliance reports, reporting on network status and risks to leadership, and providing support to the overall Network Team to achieve Devoted Health’s success.

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.

Key Metrics

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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