We’re unique. You should be, too.
We’re changing lives every day. For both our patients and our team members. Are you innovative and entrepreneurial minded? Is your work ethic and ambition off the charts? Do you inspire others with your kindness and joy?
We’re different than most primary care providers. We’re rapidly expanding and we need great people to join our team.
Reporting to the Vice President, Strategic Payer Partnerships, the Director, Strategic Payer Partnerships (SPP) will assist in the payor relationship and contracting functions for ChenMed. In this capacity, the incumbent will partner with the Vice President, Strategic Payer Partnerships in helping our CFO and COO with primary responsibility for influencing and organizing executive and local market leadership in the strategic improvement of payor terms, contracts and margin. Primary functions will include payor contract audit, payor financial performance assessment, payor bid process alignment and support of the ChenMed/Payor Joint Operating Committee meetings.ESSENTIAL JOB DUTIES/RESPONSIBILITIES:- Performs ongoing analysis of current and future payor contract terms and financial performance with the goal of identifying opportunities to improve financial performance via contractual improvements, negotiating new contracts, benefit design improvement and/or other margin performance opportunities (i.e. improved contractual/financial terms and less variability across payors).
- Provides actionable data for the CFO and COO on payor assessment insights, prioritizes opportunities to drive improvements and orchestrates actions across the organization to execute opportunities including key decision criteria, expected outcomes/returns and any related risks.
- Builds strong cross-functional relationships and works collaboratively with key internal and external (payor) stakeholders to drive successful execution of payor performance improvement initiatives.
- Owns payor contracting functions, including update/implementation of: (a) contract approval process for all payors (new and existing) in all markets (new and existing), (b) contract PADU and related approval process; and (c) contract committee role/responsibilities.
- Participates in Joint Operating Committee (JOC) meeting organization and management for all payors, coordinating and aligning with internal and external stakeholders as necessary to drive against performance improvement opportunities related to: (a) growth, (b) financial outcomes; and (c) operational outcomes.
- Collaborates with stakeholders to align and integrate expected outcomes into business plans across the organization.
- Ensures project management for implementation of payor improvement initiatives.
- Performs other duties as required or assigned by manager.
- Broad functional experience in the fundamentals of financial analysis, strategic planning, research and/or value proposition creation
- Demonstrated ability to build relationships and influence stakeholders at all levels in complex, matrixed organizations
- Demonstrated ability to lead effectively and drive results in complex, matrixed operating environment
- Excellent strategy, planning and execution skills with proven ability to drive results
- Commercial and business acumen; an ability to recognize opportunities and capitalize on them
- Ability to understand, analyze and assimilate complex issues, draw correct conclusions and formulate clear strategy and policies
- Effective written and verbal communicator with a demonstrated ability to present to audiences with a straight-forward style of communication
- Proficient in Microsoft Office Suite products including Word, Excel, PowerPoint and Outlook, database, and presentation software
- Able to travel locally, regionally and nationally up to 50% of the time
- Spoken and written fluency in English
- This position requires use of independent judgment
- MBA or equivalent graduate degree in a financial discipline with seven (7) plus years of related work experience OR a bachelor’s degree in Business or a financial discipline with twelve (12) plus years of consulting or related work experience required
- Progressive career growth and experience in business and/or strategy development leadership roles required
PAY RANGE:
$181,651 - $259,502 SalaryThe posted pay range represents the base hourly rate or base annual full-time salary for this position. Final compensation will depend on a variety of factors including but not limited to experience, education, geographic location, and other relevant factors. This position may also be eligible for a bonuses or commissions.
EMPLOYEE BENEFITS
https://chenmed.makeityoursource.com/helpful-documents
We’re ChenMed and we’re transforming healthcare for seniors and changing America’s healthcare for the better. Family-owned and physician-led, our unique approach allows us to improve the health and well-being of the populations we serve. We’re growing rapidly as we seek to rescue more and more seniors from inadequate health care.
ChenMed is changing lives for the people we serve and the people we hire. With great compensation, comprehensive benefits, career development and advancement opportunities and so much more, our employees enjoy great work-life balance and opportunities to grow. Join our team who make a difference in people’s lives every single day.
Current employees, if you want to apply to our internal career site, please click HERE
Current Contingent Worker please see job aid HERE to apply
#LI-OnsiteSkills Required
- MBA with 7+ years related experience OR Bachelors with 12+ years relevant experience
- Progressive leadership experience in business or strategy development roles
- Experience in payor contracting, payor financial performance assessment, and bid process alignment
- Strong financial analysis, strategic planning, research, and value proposition creation skills
- Demonstrated ability to build relationships and influence stakeholders across complex, matrixed organizations
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook), databases, and presentation software
- Project management experience implementing payor performance or contracting initiatives
- Ability to travel locally, regionally and nationally up to 50% of the time
- Spoken and written fluency in English
- Ability to exercise independent judgment and drive results
ChenMed Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about ChenMed and has not been reviewed or approved by ChenMed.
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Healthcare Strength — Benefits include multiple medical, dental, and vision options, wellness incentives, and an Employee Assistance Program. Feedback suggests these health offerings are seen as a strong component of the total package.
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Retirement Support — A 401(k) with company match and financial wellness resources are emphasized. Feedback suggests the retirement program is viewed as competitive, with match and vesting details commonly highlighted.
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Parental & Family Support — Paid parental leave at 100% for up to four weeks and up to 10 days of backup child/adult care are provided. Feedback suggests these family supports add meaningful flexibility and security.
ChenMed Insights
What We Do
ChenMed brings concierge-style medicine and better health outcomes to the neediest populations – moderate-to-low income seniors with complex chronic diseases. Operating over 50 medical centers in eight states, we are known to our patients as Dedicated Senior Medical Center, Chen Senior Medical Center, or JenCare Senior Medical Center. Through our innovative operating model, physician-led culture and empowering technology, we drive key quality and cost outcomes that create value for patients, physicians and the overall health system. By recruiting focused physicians and reducing their doctor-to-patient ratios, we increase patients’ “face time” during each monthly appointment and help foster stronger doctor-patient relationships. Results of our high-touch approach to primary care are impressive, as illustrated in the recent Modern Healthcare cover story published on Oct. 20, 2018, which reports that: “Indeed, ChenMed's approach has resulted in 50 percent fewer hospital admissions compared with a standard primary-care practice, 28 percent lower per-member costs, and significantly higher use of evidence-based medications.”
