Contract Specialist

Posted 6 Days Ago
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28147, Salisbury, NC, USA
In-Office
20-22 Hourly
Junior
Other • Social Impact
The Role
Manages provider and vendor contracts, including preparation, renewals, compliance audits, documentation, approvals, and regulatory updates. Coordinates with HR, Finance, Credentialing, insurers, and organizational departments; tracks insurance enrollment, licensure renewals, budgets, petty cash, and audit materials. Produces reports, supports 1099 processes, monitors contract language, and helps ensure contracts meet legal, governmental, CARF, and company requirements.
Summary Generated by Built In

Company Mission/ statement:

Our mission is to inspire and empower people to seek and maintain recovery and health. Daymark Recovery Services, Inc. is a mission driven, comprehensive community provider of culturally sensitive mental health and substance abuse services.

Comprehensive Benefits Package:

  • Medical, Dental and Vision Insurance
  • Health Spending Account
  • Company-Paid Life Insurance
  • Short Term Disability
  • 401(k)
  • Paid Holidays
  • Paid Vacation and Sick Leave
  • Employee Assistant Program
  • Referral Bonus Opportunities
  • Extensive Internal Training Program

Pay Scale: Starting pay $20-$22/hr. Based on education and experience level.

Summary:  Responsible for managing, preparing, and analyzing contracts for the organization. This position requires a solid understanding of legal terminology and a keen eye for detail to ensure compliance with all applicable laws and regulations. Contract Specialists work closely with various departments to facilitate clear and enforceable contracts, mitigate risks, and support the organization’s strategic goals.


Essential Duties and Responsibilities:

  • Work with MCO contract denials and updates to service codes and demographics as needed.
  • Prepare new provider contracts and renew all provider contracts annually, ensuring all documents are obtained in order to be in compliance with standards within the company. 
  • Works with HR on provider contracts to ensure compliant with all regulatory, CARF and other governmental legal requirements.
  • Provides reports monthly to Finance, Credentialing and HR departments.
  • Prepares new provider contracts, obtain required documentation as needed and secures final approval/signed copies.
  • Audit all contracts ongoing to ensure all documentation is valid and within required guidelines.
  • Drafts and updates all vendor contracts for all locations, ensuring compliance with all required documentation.
  • Track and enroll Daymark with third party insurance companies for in network rate, as well as updates of location addresses.  Produce weekly updates to key staff on new insurance companies as well as renewals annually.
  • Monitor and update UPS accounts by location.
  • Monitor petty cash reports by all locations.
  • Works with budgets for all contracts.
  • Assists with year-end audits.
  • Ensures DWI and Facility licensures renewals for all locations with DHHS by set deadlines. Submit DHHS change request for licensures as needed.
  • Assists Staff Account III as needed
  • Assist with year-end 1099 reports as needed.
  • Attends and participates in center management meetings and appropriate company-wide meetings.
  • Responsible for staying current on any mandatory contract language
  • All other duties as assigned by supervisor


Education and/or Experience: Associate degree in business, accounting or legal required; Bachelor’s degree preferred.  Two years of contract administration or similar role preferred. Equivalent combination of training and work experience will be considered. Basic accounting skills preferred. 




Skills Required

  • Associate degree in business, accounting, or legal studies
  • Bachelor's degree
  • Two years of contract administration or similar experience
  • Basic accounting skills
  • Equivalent combination of training and work experience may be considered
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The Company
HQ: Concord, NC
750 Employees

What We Do

Daymark Recovery Services is a private non-profit organization that provides a comprehensive range of outpatient, psychiatric, and residential services for the treatment of mental illness, substance use disorders, and developmental disabilities. Their mission is to inspire and empower people to seek and maintain recovery and health through evidence-based approaches, tailoring services to individual needs to increase effectiveness.

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