We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
This is an individual contributor role.
As a Contract Negotiation Manager, you will play a critical role in shaping and strengthening our provider network. You will lead contract negotiations, manage provider relationships, and identify strategic opportunities to enhance access, quality, compliance, and cost efficiency. This role partners across the organization to deliver value-based contracting strategies that support business goals and improve overall network performance.
What You’ll Do
- Lead end-to-end contract negotiations, execution, and analysis with a focus on ancillary providers, physician groups, and smaller/local systems.
- Manage contract performance and drive the development and implementation of value-based arrangements aligned with organizational strategy.
- Identify, recruit, and onboard providers to meet network expansion and adequacy targets; accountable for delivering competitive and sustainable cost arrangements.
- Partner cross-functionally to support provider compensation strategy, pricing development, and reimbursement modeling.
- Analyze financial and operational data to identify cost-saving opportunities and execute initiatives that drive measurable impact.
- Serve as a key representative of the organization with providers, customers, and community stakeholders, strengthening partnerships and collaboration.
- Evaluate and contribute to provider network strategy, ensuring alignment with state requirements, product needs, and cost management objectives.
- Optimize provider engagement and resolve complex escalations related to claims, contract interpretation, and provider data accuracy.
Required Qualifications
- 5+ years of experience negotiating contracts with ancillary providers, facilities, and physician groups, including contract language development, rate proposal analysis, and identification of operational and financial improvement opportunities. Demonstrated ability to leverage competitive market data, financial metrics, and detailed analysis to secure favorable contract outcomes.
- 3+ years of experience in provider relationship management or related healthcare roles, with proven contract management expertise.
- Strong knowledge of provider reimbursement methodologies, contract structures, and industry-standard payment policies and practices.
- Solid understanding of provider financial drivers, regulatory requirements, and competitive market dynamics.
- Advanced proficiency in Microsoft Office applications, including Excel, Word, and Outlook.
- Proven ability to build and maintain collaborative relationships with providers while partnering cross-functionally to resolve complex contract issues.
- Highly organized with strong prioritization skills; able to manage multiple negotiations and competing priorities while meeting deadlines.
- Candidates must reside in the state of Illinois.
Preferred Qualifications
- Experience with Commercial and Medicare lines of business.
Education
- Bachelor's degree preferred or a combination of professional work experience and education.
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$66,330.00 - $145,860.00This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.
Great benefits for great people
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
Additional details about available benefits are provided during the application process and on Benefits Moments.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.
Skills Required
- 5+ years negotiating contracts with ancillary providers, facilities, and physician groups, including contract language development and rate proposal analysis.
- 3+ years of experience in provider relationship management or related healthcare roles with contract management expertise.
- Strong knowledge of provider reimbursement methodologies, contract structures, and payment policies and practices.
- Solid understanding of provider financial drivers, regulatory requirements, and competitive market dynamics.
- Advanced proficiency in Microsoft Office applications (Excel, Word, Outlook).
- Proven ability to build and maintain collaborative relationships and resolve complex contract issues.
- Highly organized with strong prioritization skills; able to manage multiple negotiations and competing priorities.
- Candidates must reside in the state of Illinois.
- Experience with Commercial and Medicare lines of business.
- Bachelor's degree preferred or combination of work experience and education.
CVS Health Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CVS Health and has not been reviewed or approved by CVS Health.
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Healthcare Strength — Health coverage includes medical, dental, and vision with HSA-eligible options, free preventive care, virtual care, and access to MinuteClinic services. Mental-health resources such as counseling support are emphasized, and coverage is often considered solid for full-time colleagues.
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Retirement Support — A dollar-for-dollar 401(k) match up to 5% after one year and an Employee Stock Purchase Plan are consistently highlighted in Total Rewards materials. Feedback suggests retirement programs are a meaningful strength within the overall package.
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Wellbeing & Lifestyle Benefits — Wellbeing offerings include up to 20 no-cost counseling sessions per issue, backup care, tuition assistance, and substantial in-store discounts, alongside broader wellness tools. These everyday perks expand value beyond base pay and can be especially meaningful for full-time schedules.
CVS Health Insights
What We Do
CVS Health is the leading health solutions company that delivers care in ways no one else can. We reach people in more ways and improve the health of communities across America through our local presence, digital channels and our nearly 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners. Wherever and whenever people need us, we help them with their health – whether that’s managing chronic diseases, staying compliant with their medications, or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day.
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