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Vertex Pharmaceuticals
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Contract Manager
$124k-165k (estimate)
Full Time 1 Week Ago
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Blue Cross & Blue Shield of Rhode Island is Hiring a Contract Manager Near Providence, RI

Location: HybridCompensation: $63,000 – $94,400 Jump into the new world of health insurance:At Blue Cross & Blue Shield of Rhode Island (BCBSRI), our business is healthcare. But our focus is on improving lives. Be part of a team that is large enough to make a difference but small enough to be innovative. Work in a rapidly changing field. Take a chance to be creative. Move outside the status quo. Shape new ideas with the power of a national brand behind you. Join others who know diversity is strength:We appreciate and celebrate everything that makes us unique: age, national origin, citizenship status, perspectives, experiences, physical or mental disability, military status, race, ethnicity, religion, gender, sexual orientation, gender identity and/or expression. Our diversity strengthens us as an organization and helps us better serve an increasingly diverse Rhode Island population. Why this job matters:Negotiate, implement, and manage complex contracts with healthcare providers and vendors. Work to achieve the organization’s financial and business objectives, impacting network quality and trends via thoughtfully structured contractual relationships. What you will do:Deliver a broad, quality focused, stable, and high-performing network to support the BCBSRI customer base. Develop and execute negotiation strategies that directly impact financial and quality performance of the network consistent with corporate objectives. Leverage deep financial views into and understanding of quality and trend performance. Accountable for development and management activities with various provider types and vendors. Ensure provider agreements comply with BCBSRI policies, business standards and regulatory guidelines.Build and maintain strong, respectful professional relationships with providers, vendors, internal staff and members of BCBSRI leadership team. Perform and monitor activities related to the contract implementation and load process; engage appropriate organizational units for claims resolution; provider service/performance issues; and provider and member appeals. Proactively provide guidance/recommendations to organizational Leadership regarding healthcare costs and benchmarks, trend impact opportunities as well as provider quality opportunities.Maintain highest personal/professional integrity and enforce principles of integrity and compliance. Perform special projects as assigned, which may include work on internal and/or external committees or task forces. Interpret, educate, recommend, and communicate information effectively as a representative of BCBSRI and the division. Participate in department initiatives and projects.Perform other duties as assigned. What you need to succeed:Bachelors degree in business, healthcare management, or related field required or an equivalent combination of education and work experienceThree to five years’ experience in network development and contract management role, negotiating healthcare contracts with providers and/or vendorsIn-depth understanding of provider delivery models, provider financing as well as health plan operations and financingHighly proficient in developing, interpreting, and utilizing provider financial and quality dataStrong knowledge of provider reimbursement as well as pay for performance modelsSolid understanding of provider billing/claims processing practices, coding standards as well as industry standard payment and medical policiesAdvanced analytical skills, with the ability to interpret and synthesize complex data setsGood business acumen and political savvyKnowledge of business process improvement techniques and strategiesExcellent verbal and written communications skillsNegotiation skillsPresentation skillsDecision-making skillsGood problem-solving skillsAbility to interface with employees at all levelsAbility to effectively navigate ambiguous situations with limited direction Excellent organizational skills and ability to successfully prioritize multiple tasksAbility to handle multiple priorities/projects Extras:Masters degree in business or Healthcare Administration Location:BCBSRI is headquartered in downtown Providence, conveniently located near the train station and bus terminal. We actively support associate well-being and work/life balance and offer the following schedules, based on role:In-office: onsite 5 days per weekHybrid: onsite 2-4 days per weekRemote: onsite 0-1 days per week. Permitted to reside in the following states, pending approval from the Human Resources Department: Arizona, Connecticut, Florida, Georgia, Louisiana, Massachusetts, North Carolina, Oklahoma, Rhode Island, South Carolina, Texas, Virginia

Job Summary

JOB TYPE

Full Time

SALARY

$124k-165k (estimate)

POST DATE

04/26/2024

EXPIRATION DATE

06/27/2024

The following is the career advancement route for Contract Manager positions, which can be used as a reference in future career path planning. As a Contract Manager, it can be promoted into senior positions as a Contracts Administration Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Contract Manager. You can explore the career advancement for a Contract Manager below and select your interested title to get hiring information.

TalentBurst
Full Time
$93k-116k (estimate)
3 Months Ago
Anaergia
Temporary
$85k-100k (estimate)
1 Week Ago

If you are interested in becoming a Contract Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Contract Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Contract Manager job description and responsibilities

Contract managers write up contracts related to the purchase or sale of goods and services and then track those contracts through their lifecycles.

03/30/2022: Raleigh, NC

This entails reviewing, updating and drafting contracts such as employments agreements, asset purchase agreements, master services agreements, operating agreements and a variety of business and commercial contracts.

02/12/2022: Santa Barbara, CA

A contract manager works to ensure that legal documents move smoothly and quickly from creation, through collaboration and negotiation to signature.

04/02/2022: Peoria, IL

Contract management software provides a consistent and robust automated process for management of contracts and the associated responsibilities.

04/06/2022: Tampa, FL

Review amendments, specifications and other exhibits that may be required for conformity to contract requirements and determine acceptable.

01/26/2022: York, PA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Contract Manager jobs

Contract managers should be fully adept at risk management regardless of any other teams or departments.

02/19/2022: Yakima, WA

They must be able to quickly locate contracts, plan ahead of key dates and keep negotiation and execution activities on schedule.

04/08/2022: Harrisburg, PA

They must have a strong understanding of the risks of each prospective contract and the potential legal and financial consequences associated therewith.

02/01/2022: High Point, NC

They must be highly detail-oriented, punctual and organized.

03/12/2022: Sarasota, FL

The effective Contracts Manager needs a detailed understanding of the methods available for measuring performance and more simply to be comfortable with numbers.

02/24/2022: Boulder, CO

Step 3: View the best colleges and universities for Contract Manager.

Butler University
Carroll College
Providence College
Rollins College
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Amherst College
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