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Prospect Medical Holdings
Orange, CA | Full Time
$124k-159k (estimate)
1 Week Ago
The Matian Firm, APC
Orange, CA | Full Time
$90k-114k (estimate)
1 Month Ago
Contract Specialist
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$124k-159k (estimate)
Full Time 1 Week Ago
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Prospect Medical Holdings is Hiring a Contract Specialist Near Orange, CA

Job Description
Supports contracting efforts in assigned region for owned and MSO business relationships. Negotiate and draft agreements, amendments, Open Ended Memorandum of Understandings (MOUs), and Patient Specific MOUs. Process, Load, and maintain contracts and providers in contracting database application. Acts as liaison with various internal departments to facilitate and resolve claims, provider configuration, customer service, credentialing, and other related issues
Responsibilities
  • Negotiate and draft agreements and amendments outlining contractual terms as directed.
  • Engage in specialty provider recruitment efforts to support network adequacy requirements.
  • Present contracts and amendments for execution.
  • Draft provider terminations and other provider correspondences.
  • Initiate Alerts for adds, terms, and changes to internal departments for claims and referral system updates, health plan submissions, and member outreach as needed.
  • Load agreements and providers to contracting data application with all contractual terms and linkages.
  • Manage Claims Inquiries email box and Referral Queue.
  • Negotiate MOUs as needed for referrals to non-contracted providers and secure savings for non-contracted claims.
  • Provide clarification on contractual arrangements to internal departments, providers and billing companies.
  • Provides customer service to network providers and other internal departments by responding to contracting inquiries, claims questions, and credentialing inquiries, and provider configuration.
  • Follow up for return of signed contracts, amendments, credentialing applications, and attestations.
  • Works with credentialing department as needed to obtain credentialing and re-credentialing documents.
  • Provides administrative support to Contract Administrator and Contract Manager.
  • Generate reports as requested and other duties as assigned
  • Track and document tasks to completion
Qualifications
Minimum Education: Associates degree or equivalent education and experience preferred.
Minimum Experience: Three (3) years contract negotiations in a managed care environment working with Medicare and Medicaid fee schedules required. Knowledgeable of Commercial, Medicare, Medicaid lines of business required.Maintain confidentiality and adhere to all regulatory requirements as well as to policies and procedures.
Req. Certification/Licensure: None.
About Us
With approximately 9,000 physicians to serve our 260,000 members, Prospect Medical Systems is proud to be among the most innovative medical systems in California, Texas and Rhode Island. Our extensive care services range from primary care and specialty physician services to acute care hospital and skilled nursing facilities to behavioral health and wellness services. Each of our Independent Physician Associations (IPAs) and networks support the use of advanced diagnostic and treatment tools to provide our members with convenient access to state-of-the-art healthcare. For 25 years, Prospect Medical has been focused on our mission of supporting independent physicians where, through risk arrangements, we work closely together with health plans, facilities and healthcare physicians for the benefit of every person who comes to us for care. We provide quality healthcare services that are designed to offer our patients highly coordinated, personalized care and that help them live healthier lives. Prospect Medical Systems manages highly successful IPAs by leveraging our best-practices, results-driven administrative services to manage patients under risk arrangements with health plans/CMS.

Job Summary

JOB TYPE

Full Time

SALARY

$124k-159k (estimate)

POST DATE

05/01/2024

EXPIRATION DATE

05/20/2024

WEBSITE

pmh.com

HEADQUARTERS

LOS ANGELES, CA

SIZE

7,500 - 15,000

FOUNDED

1996

TYPE

Private

CEO

SAMUEL LEE

REVENUE

$3B - $5B

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

The Matian Firm, APC
Full Time
$90k-114k (estimate)
1 Month Ago

If you are interested in becoming a Contract Specialist, 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 Specialist for your reference.

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

Quotes from people on Contract Specialist job description and responsibilities

A contract specialist performs various administrative duties that are essential to the successful management and execution of contracts on behalf of organizations.

12/17/2021: Moline, IL

They evaluates, negotiates, and prepares contracts for projects, services, or goods.

02/11/2022: Fort Lauderdale, FL

Contract specialist reviews the terms and conditions for a contract and ensures that all parties comply with the guidelines and legal regulations.

02/16/2022: Alamogordo, NM

They negotiate terms, evaluate bids, and prepare contracts.

03/12/2022: San Jose, CA

Evaluate or monitors contract performance to define necessity for amendments or extensions of contracts, and compliance to contractual obligations.

03/13/2022: Galveston, TX

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 Specialist jobs

The most successful contract specialists have a strong knowledge of business financial best practices, an understanding of contract law, and possess a strong attention to detail.

01/22/2022: Champaign, IL

Excellent analytical skills are crucial to the effectiveness of contract specialists.

01/18/2022: Kansas City, KS

Be familiar with contract review, drafting and negotiation skills.

12/23/2021: Cincinnati, OH

Develop communications that can break through.

12/30/2021: Elkhart, IN

Negotiate with suppliers to draw up procurement contracts.

02/28/2022: Jamestown, NY

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

Butler University
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