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Vice-President, Payor Strategy Jobs

Company

Orlando Health

Address , Orlando, 32806
Employment type FULL_TIME
Salary
Expires 2023-10-22
Posted at 8 months ago
Job Description
Position Summary:
At Orlando Health, we are ordinary people with extraordinary individuality, working together to bring help, healing and hope to those we serve. By daily embodying our over 100-year legacy, we reinforce our reputation as a trusted and respected healthcare organization that delivers professional and compassionate care to our patients, families and communities. Through our award-winning hospitals and ERs, specialty institutes, urgent care centers, primary care practices and outpatient facilities, our 27,000+ team members serve communities that span Florida’s east to west coasts and beyond.

Orlando Health is committed to providing you with benefits that go beyond the expected, with career-growing FREE education programs and well-being services to support you and your family through every stage of life. We begin your benefits on day one and offer flexibility wherever possible so that you can be present for your passions. “Orlando Health Is Your Best Place to Work” is not just something we say, it’s our promise to you.

Job Summary
The Vice-President of Payor Strategy will develop strategic plans on all payors (Health Plans, Large Employers, & Networks) for all Orlando Health entities including but not limited to market intelligence, analysis and modeling, employer capture, financials, and growth potential.
Responsibilities:
Essential Responsibilties
  • Ensure RMCM goals are met included but not limited to annual revenue enhancement, cash performance, cost to collect, strategic pricing/reimbursement.
  • Intentionally grow executives and teams of Managed Care, Employer Solutions, and CVO to building robust leaders.
  • Oversees Employer Solutions Program (ESP) to foster strong relationships with brokers, employers, and networks to gain business intelligence, to drive volumes to Orlando Health and to optimize the financials and brand of Orlando Health.
  • Partner with other VPs and SVPs to develop new services, service lines, and payment models to reach growth, volume, and financial goals (10 by 30).
  • Serves as the Strategist for all Contract Negotiations to ensure Orlando Health achieves financial and operational goals with third party payors.
  • Strategizes with the CVO and physician executives to accommodate the growth and accuracy and timeliness of credentialing activities to achieve best practices in credentialing functions.
  • Collaborate with Orlando Health Physicians Executives to develop a strategy for education and ongoing communication on managed care and payor strategy.
  • Evaluate performance of all teams (Managed Care, ESP, CVO) to ensure goals are met including but not limited to performance metrics, customer experience & expectations, retention/turnover ratios, and engagement.
  • Identify and develop opportunities for Orlando Health physician and hospital executives to promote and grow specific service lines to achieve the financial objectives of the organization.
  • Collaborate with Orlando Health population health leaders to develop strategy and success mapping for opportunities for value-based contracts with payors and employees.
  • Strategize on ways to drive more commercial volumes to Orlando Health to improve commercial market share and strengthen Orlando Health’s financial position and brand.
  • Oversees executives and teams of Managed Care, Employer Solutions Program, and Credentialing Verification Organization to ensure achievement of strategic, operational, and financial goals.
  • Audits and ensures models, managed care performance and payor performance (volumes, growth, financials, etc.) are achieving service line goals and strategic plan developed.
Other Related Functions
  • Represents Orlando Health on and leads local and national regulatory and healthcare industry and managed care task forces/committees as necessary.
  • Represents publicly and serves as subject matter expert to Orlando Health for broker/employer interaction on healthcare utilization and benefits.
  • Works closely with other financial executives to strategize, predict and drive financial decisions for strategic plan and budgeting.
Qualifications:
Education/Training
  • Master’s degree in finance, Accounting, Business or related field.

Licensure/Certification
  • HFMA certification preferred.

Experience
  • Fluent in contracts language, terms, clauses, and best practices.
  • 15 years’ experience in health care or health care insurance
  • 10 years’ experience in managed care contracting with a large health system or managed care organization.