Director, Value-Based Programs

Posted Yesterday
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2 Locations
In-Office or Remote
Senior level
Insurance
The Role
Lead and manage a team that designs, implements, and oversees value-based programs and contracts across government lines of business. Develops VBP/VBC strategies, provider contracting, targets, reporting, and financial reconciliations. Drives program expansion, compliance, and performance monitoring while presenting results to senior leadership and building a high-performing team through hiring, training, and coaching.
Summary Generated by Built In

***Remote and must live in the United States***

JOB DESCRIPTION 

Job Summary

Leads and directs team responsible for value-based programs (VBP) activities.  Responsible for developing and implementing value-based strategies for lines of business impacted by the regulatory risk adjustment payment model.  Supports achievement of financial and business objectives through value-based reimbursement.


Essential Job Duties

  • Accountable for designing and implementing strategies to continuously improve results of existing value-based initiatives while also leading a continuous process of innovation to identify new initiatives which lead to the overall achievement of improved accuracy, compliancy and completeness in risk adjustment revenue for all government lines of business (LOB). 
  • Will support all health plans and all lines of business. Could have a focus on the larger health plans.
  • Supports the strategic direction and organization of corporate initiatives to facilitate achievement of value-based financial strategies and business objectives.
  • Serves as primary owner of value-based programs (VBP) and contracts annual plan by state by line of business (LOB) development and execution. 
  • In conjunction with health plan and quality and risk adjustment leadership, identifies providers for potential value-based care contracts, assists local network and corporate network teams in reaching out to targeted providers, develops suggested contract terms (financial and quality metrics and benchmarks, assignment of reporting responsibilities and functions within contract language etc.), sets annual targets for each value-based program (VBP)/value-based contract (VBC), and develops reports for local health plan resources to share on a regular cadence with providers to achieve goals. 
  • Collaborates with risk adjustment to leverage the needs assessment for specific area to guide the contracting and program strategy to achieve desired VBC/VBP goals. 
  • Supports launching of value-based programs in new markets/expansion of existing markets to achieve goals in requests for proposals (RFPs) and financial forecasts.
  • Presents VBC/VBP/reimbursement performance to senior leadership in monthly/quarterly leadership meetings designs an oversight process for internal monitoring of existing contracts within the Molina leadership team.
  • Ensures value-based contracting/reporting data and reporting internally and externally are accurate.
  • Hires, trains, manages and evaluates team member performance - provides coaching, development, and recognition; ensures ongoing appropriate staff training, holds regular team meetings, and drives strategy, communication and collaboration.
  • Develops and sustains a high-performance team, dedicated to best-in-class solutions responsible for attracting, developing and retaining top-tier talent to support strategy and long-term business objectives.
     

Required Qualifications

  • At least 8 years of managed care experience, including value-based programs (VBP) experience, or equivalent combination of relevant education and experience.
  • At least 3 years of management/leadership experience.
    Experience leading value-based program and contract design, and implementation for Medicaid, Medicare, and/or Marketplace programs. 
  • Experience in a complex health care delivery environment, specifically with government sponsored programs, including risk revenue management, strategy and compliance.
  • Knowledge of value- based programs (VBP), risk adjustment models, quality metrics such as Healthcare Effectiveness Data and Information Set (HEDIS) and Medicare STARS, and coding.
  • Knowledge of medical economics and financial reporting, and ability to walk stakeholders through complex financial reconciliations.
  • Leadership skills, including ability to influence others who are not in a direct reporting line including ability to think strategically, develop vision, and execute effectively and efficiently for both near-term and long-term results.
  • Proven ability to innovate and manage complex processes across multiple functional areas.
  • Experience working in a highly matrixed organization, and proven ability to develop internal enterprise relations, and external strategic relationships.
  • Excellent verbal and written communication skills, including ability to present at an executive level to internal/external stakeholders.
  • Microsoft Office suite and applicable software program(s) proficiency.

To all current Molina employees: If you are interested in applying for this position, please apply through the Internal Job Board.
Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V

Skills Required

  • At least 8 years of managed care experience including value-based programs
  • At least 3 years of management or leadership experience
  • Experience leading value-based program and contract design and implementation for Medicaid, Medicare, and/or Marketplace
  • Experience in complex health care delivery environment with government-sponsored programs and risk revenue management
  • Knowledge of value-based programs, risk adjustment models, HEDIS, Medicare STARS, and coding
  • Knowledge of medical economics and financial reporting and ability to explain complex financial reconciliations
  • Proven leadership skills, ability to influence without direct authority, strategic thinking and execution
  • Proven ability to innovate and manage complex cross-functional processes
  • Experience working in a highly matrixed organization and developing internal and external strategic relationships
  • Excellent verbal and written communication skills, including executive-level presentation ability
  • Proficiency with Microsoft Office suite and applicable software programs
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The Company

What We Do

Molina Healthcare Inc. is dedicated to delivering effective, reliable, and affordable health care to those who need it most. The company focuses on improving the health and well-being of its members and positively impacting the communities it serves. Recognized as a leader in the health insurance category, it provides essential healthcare services to ensure accessible and quality care for its members.

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