Payor Relations Manager/Senior Analyst (Healthcare)

Are you a seasoned professional in the healthcare industry with a passion for strategic negotiation and analytics? Join our dynamic team as a Payor Relations Manager/Senior Analyst, where you will play a crucial role in shaping and optimizing our payer relationships.

 
Key Responsibilities:

• Payer Contracting Negotiation: Lead negotiations with insurance companies to secure favorable payer contracts, ensuring optimal terms for both parties.

• Analyzes the potential impact of contract re‐negotiations by building proposed rates into the Contract Management System and modeling the financial impact. 

• Analytical Platforms: Spearhead the development of analysis to build a compelling business case to justify rate increases with Payers.

• Business Case Development: Utilize your experience in building robust business cases to support and guide key organizational decisions.

• Analytics: Oversee the development and implementation of analytics strategies to derive actionable insights from complex healthcare data.

• Relationship Management: Build and maintain relationships with key payer stakeholders and organizations

• Negotiation with Insurance Companies: Leverage your relationships and negotiation skills to negotiate rate increases with insurance companies, ensuring mutually beneficial agreements for all stakeholders. 

• Reimbursement research 

• Collect, organize and interpret reimbursement data for CMS1500 and UB for billing. 

• Research and coordinates with compliance for Revenue Cycle requirements for facility and non-facility operations. 

• Provide feedback to Revenue Cycle for opportunities at financial improvement. 

• Analyze payor behavior trends across the nation on a facility/non facility and state‐wide scale. 

• Examine outside data from prospective clients and provide analysis to the Business Development/ Sales Team. 

Qualifications:

• Bachelor's degree in healthcare administration, Business, or a related field; master's degree preferred.

• Minimum of 3-5 years of experience in payer contracting, with a focus on negotiation and analytics.

• Proven track record in building and implementing analytical platforms.

• Strong experience in crafting persuasive business cases.

• In-depth knowledge of healthcare analytics and negotiating with insurance companies.

Location: Chicago, IL 
Full Time/Part Time 
Work Set up - Remote 

If you are a strategic thinker with a passion for negotiating and a strong background in analytics, we invite you to bring your expertise to our team. Apply now by submitting your resume to ronel@neolytix.com with the subject line "Payor Relations Manager/Senior Analyst"