Managed Care Contract Specialist at Encompass Health, Detroit, Michigan

Company Overview: Encompass Health is a leading provider of post-acute healthcare services, offering high-quality patient care across a network of inpatient rehabilitation hospitals, home health agencies, and hospice care centers. With a commitment to delivering exceptional outcomes for patients recovering from serious illnesses and injuries, Encompass Health is dedicated to improving lives through compassionate care and innovative treatment approaches. Key Responsibilities for Managed Care Contract Specialist: - Develop and maintain relationships with managed care organizations to negotiate contracts that maximize reimbursement and ensure favorable terms for Encompass Health facilities. - Analyze contract performance and financial impact, identifying opportunities for improvement and implementing strategies to enhance revenue and operational efficiency. - Collaborate with internal stakeholders, including finance, legal, and operational teams, to ensure contract compliance and alignment with organizational goals. - Stay current on industry trends, regulatory changes, and reimbursement methodologies to inform contract negotiations and drive strategic decision-making. - Monitor contract terms and performance metrics, conducting regular audits and assessments to evaluate compliance and identify areas for optimization. Required Qualifications: - Bachelor's degree in Healthcare Administration, Business, or related field. - Minimum of 3 years of experience in managed care contracting within the healthcare industry. - Strong understanding of healthcare reimbursement methodologies, contract language, and negotiation strategies. - Excellent analytical skills with the ability to interpret complex data and financial information. - Proficiency in Microsoft Office suite, particularly Excel, for data analysis and reporting. Desired Skills: - Master's degree in Healthcare Administration, Business, or related field. - Certified Professional Contract Manager (CPCM) or Certified Managed Care Contracting Professional (CMCCP) designation. - Experience working with electronic health record (EHR) systems for contract management and reporting. - Demonstrated success in developing and implementing innovative contract strategies to drive revenue growth and operational efficiency. Compensation & Benefits: The annual salary range for the Managed Care Contract Specialist position at Encompass Health in Detroit, Michigan is $70,000 - $90,000, commensurate with experience and qualifications. In addition to competitive pay, Encompass Health offers a comprehensive benefits package, including health, dental, and vision insurance, retirement savings plans, paid time off, and professional development opportunities. How to Apply: To apply for the Managed Care Contract Specialist role at Encompass Health in Detroit, Michigan, please visit our careers website and submit your resume and cover letter outlining your qualifications and interest in the position. We look forward to reviewing your application and potentially welcoming you to our team dedicated to delivering exceptional care and outcomes for our patients.