Managed Care Contract Specialist at Ascension Health, Wilmington, Delaware

Company Overview: Ascension Health is a leading healthcare organization dedicated to transforming healthcare delivery to improve the health of communities. With a strong focus on providing compassionate care and innovative solutions, Ascension Health operates hospitals, clinics, and other healthcare facilities across the United States. The organization is committed to creating a positive impact on the lives of patients and caregivers through high-quality, person-centered care. Key Responsibilities for Managed Care Contract Specialist: - Analyze, negotiate, and manage managed care contracts with insurance providers to ensure favorable terms and conditions for Ascension Health - Collaborate with internal stakeholders to develop contract strategies that align with organizational goals and objectives - Monitor contract performance and compliance, identifying opportunities for improvement and cost savings - Provide expertise and guidance on contract interpretation, reimbursement rates, and regulatory requirements - Stay abreast of industry trends and changes in healthcare laws and regulations that may impact managed care contracts Required Qualifications: - Bachelor's degree in Healthcare Administration, Business Administration, or related field - Minimum of 3 years of experience in managed care contracting within the healthcare industry - Strong knowledge of healthcare reimbursement methodologies and contract negotiation strategies - Excellent analytical skills with the ability to interpret complex contract terms and financial data - Proficiency in Microsoft Office suite and contract management software - Effective communication and interpersonal skills to collaborate with internal and external stakeholders Desired Skills: - Master's degree in Healthcare Administration, Business Administration, or related field - Certification in Healthcare Compliance or Contract Management - Experience working with a diverse range of healthcare payers and providers - Knowledge of value-based care models and alternative payment arrangements - Ability to lead cross-functional teams and drive contract optimization initiatives Compensation & Benefits: The Managed Care Contract Specialist position at Ascension Health offers a competitive annual salary range of $70,000 to $90,000, commensurate with experience and qualifications. In addition to the salary, employees are eligible for a comprehensive benefits package that includes health insurance, retirement savings plans, paid time off, and professional development opportunities. How to Apply: To apply for the Managed Care Contract Specialist position at Ascension Health in Wilmington, Delaware, please visit our careers website and submit your resume and a cover letter outlining your qualifications and experience relevant to the role. We thank all applicants for their interest in joining our team dedicated to delivering exceptional healthcare services.