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DIR MGD CARE CONTRACTING

Overview

 

Managed Care Director, Managed Care

Full Time, 80 Hours Per Pay Period, Day Shift

 

Covenant Health Overview:

Covenant Health is the region’s top-performing healthcare network with 10 hospitals, outpatient and specialty services, and Covenant Medical Group, our area’s fastest-growing physician practice division. Headquartered in Knoxville, Covenant Health is a community-owned integrated healthcare delivery system and the area’s largest employer. Our more than 11,000 employees, volunteers, and 1,500 affiliated physicians are dedicated to improving the quality of life for the more than two million patients and families we serve every year.

 

Covenant Health is the only healthcare system in East Tennessee to be named a Forbes “Best Employer” seven times.

 

Position Summary:

In conjunction with others in the Managed Care Department, this position is responsible for coordinating the contract management process for all managed care contracts for Covenant Health. This includes, but is not limited to, assisting in the development of strategic plans, leading contract negotiations, frequent communications with operation and business office leaders, ensuring contract compliance, assisting to resolve payment or other payer problems, internal dissemination of contract terms, etc. This position requires an individual to be competent in understanding provider contractual relationships, reimbursement methodologies, member benefit plans and to oversee all aspects of the contracting process and third-party audits per established guidelines. This position requires strong analytical and financial skills as well as solid leadership, communications and interpersonal skills. Position also requires an individual who is comfortable managing multiple projects simultaneously. This position calls for a “self-starter” who is comfortable with a high degree of autonomy and is capable of independent thinking/planning and using good judgment in decision making.

 

This position services as a liaison between the Managed Care Department and other Covenant Health and facility departments. Position works with patient account departments to solve significant payer issues and is responsible for maintaining relationships and communication with contracted payers. Position will conduct periodic meetings with major payers to discuss and resolve identified issues and will ensures providers, payers and prospective patients receive prompt, understandable updates on information which concerns participation in plans as needed.

This position is responsible for oversight of the Credentialing Verification Office (CVO) and Payer Enrollment. This includes strategic planning, issues resolution, cross-training planning, and linkage to system Director of Quality Analytics/ Accreditation and Medical Services Specialist, or other system credentialing contacts, as assigned.

 

In addition, this position serves as a liaison between the Managed Care Department and other Covenant Health and facility departments.

 

 

Recruiter: Kathleen Rice || kkarnes@covhlth.com || 865-374-5386

Responsibilities

Supervision:

Position reports to: Senior Vice President of Business Development & Managed Care.

Position supervises: Managed Care Specialist and Credentialing Verification Office (CVO) Operations Manager. 

 

Position Accountabilities and Performance Criteria:

  • Assist Senior VP of Business Development & Managed Care in the revision of managed care strategic plan(s).
  • Establish good working relationships with operation and business office leaders, joint venture operations and physician leaders, senior management, payers, etc.
  • Following strategic priorities, oversee and coordinate the contracting process for third-party payer contracts per established guidelines.
  • Assist in education with physician groups to ensure participation in like plans.
  • Ensure payers and providers comply with all contract terms, such as annual rate updates, term notices, etc.
  • Develop and dissemination reports/updates and conduct or participate in education and training sessions with key internal ‘customers’ and payers.
  • Maintain regular contact with operations leaders and third-party payers to assure system developments and new services are communicated and future market changes are anticipated.
  • Assist in the resolution of payment or other problems/issues with payers.
  • Train department on Managed Care Online or other database tools, and serve as back-up loader.
  • Coordinate and/or assist in scheduling and participate in case management, business office or other needed meetings with third party payers.
  • Oversee and be involved (as needed) with 3rd party payer audits. Ensure audits are performed per audit policy/procedure and contract terms.   Ensure any trends, issues, concerns or recommendations for improvement ‘discovered’ during audits are shared and communicated throughout the System as appropriate.
  • Maintain current knowledge of changes affecting government contracts and reimbursement trends including Medicare, TennCare, etc.
  • Oversee the Managed Care Contracting Specialist, who coordinates and maintains contracts for Covenant Medical Group and Covenant Health JV Surgery Centers.
  • Oversee the Credentialing Verification Office (CVO) Operations Manager who supervises the managed care payer enrollment process for the Covenant facilities and Covenant employed/contracted physicians, including facility payer enrollment, group and individual physician payer enrollment, behavioral health provider payer enrollment, hospital-billed physician payer enrollment.
  • Oversee the Credentialing Verification Office (CVO) Operations Manager who supervises the Credentialing Verification Office functions of system credentialing verification, Cactus credentialing system, and liaison to the system Medical Staff Offices.
  • Develop cross-training program for departmental staff coverage needs, together with the Credentialing Verification Office (CVO) Operations Manager.
  • Maintain professional growth and development through seminars, workshops and professional affiliations to keep current with latest trends in the field.

Qualifications

Minimum Education:

Bachelor’s degree in business or other relevant field required.  Master’s degree is preferred. 

 

Minimum Experience: 

At least five to ten (5-10) years of related experience is required.  Individual must have a solid fundamental understanding of managed care contracting, enrollment and provider (hospital, physician, ancillary, etc.) reimbursement.  “Hands-on” experience with general provider operations,  medical coding and billing systems, regulatory and policy compliance issues relating to government healthcare programs such as Medicare and knowledge of ICD-10, CPT and HCPCS coding is required.  Experience with contract negotiations is a must.  This position requires strong analytical and financial skills as well as solid leadership, communications and interpersonal skills.

 

Licensure Requirements: 

None

Average salary estimate

$105000 / YEARLY (est.)
min
max
$90000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About DIR MGD CARE CONTRACTING, Covenant Health

If you’re an experienced leader looking to make an impact in the healthcare field, then the Managed Care Director position at Covenant Health in Knoxville could be your next big career move! As a central figure in our Managed Care Department, you’ll be at the forefront of coordinating contract management processes for all managed care contracts within our expansive healthcare network. Covenant Health is not just any healthcare provider; we’re the largest employer in the area with over 11,000 dedicated team members, and we have been named one of Forbes' Best Employers multiple times. In this role, you will engage with operational and business office leaders to develop strategic plans and lead essential contract negotiations. Your analytical and financial prowess will help navigate the complexities of reimbursement methodologies, ensuring that payers and providers comply with all contractual obligations. You’ll also oversee the Credentialing Verification Office, playing a critical role in maintaining relationships with our numerous contracted payers. This position is perfect for someone who thrives under a high level of autonomy and is adept at managing multiple projects simultaneously. So, if you’re a self-starter with strong leadership and communication skills, and are ready to step into a role that keeps the quality of care flowing seamlessly, we can’t wait to hear from you!

Frequently Asked Questions (FAQs) for DIR MGD CARE CONTRACTING Role at Covenant Health
What are the responsibilities of the Managed Care Director at Covenant Health?

The Managed Care Director at Covenant Health is responsible for overseeing the entire contract management process for managed care contracts. This includes developing strategic plans, negotiating contracts, ensuring compliance with contract terms, and resolving payment issues. They also maintain regular communication with leadership across departments and conduct training sessions to educate staff on managed care processes.

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What qualifications are required to be a Managed Care Director at Covenant Health?

To qualify for the Managed Care Director position at Covenant Health, candidates typically need a Bachelor's degree in business or a related field, with a Master's degree preferred. Additionally, five to ten years of relevant experience in managed care contracting, enrollment, and healthcare operations are essential. Familiarity with medical coding, billing systems, and contract negotiations is also required.

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How does the Managed Care Director manage contract compliance at Covenant Health?

The Managed Care Director ensures contract compliance at Covenant Health by regularly monitoring contract terms, overseeing audits, and maintaining effective communications with payers and providers. They also develop and disseminate reports that keep internal stakeholders informed about compliance status, and facilitate education and training sessions to promote adherence to the contract terms.

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What kind of leadership skills are important for the Managed Care Director role at Covenant Health?

Strong leadership skills are crucial for the Managed Care Director at Covenant Health. This includes the ability to foster good working relationships, manage teams effectively, and communicate clearly with various stakeholders. The director should possess solid interpersonal skills to guide and motivate their team, while also balancing the needs of the organization and its partners.

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What is the role of the Credentialing Verification Office under the Managed Care Director at Covenant Health?

Under the Managed Care Director at Covenant Health, the Credentialing Verification Office plays a key role in overseeing the credentialing of health providers. This includes managing all aspects of payer enrollment processes, supervision of credentialing functions, and ensuring that providers are compliant with regulatory standards. The director also collaborates with this office to ensure efficient service delivery across the network.

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Common Interview Questions for DIR MGD CARE CONTRACTING
Can you explain your experience with managed care contracting?

Certainly! When answering this question, focus on detailing your specific experiences with managed care contracting processes. Discuss particular roles you've held, types of contracts you've managed, and any successful negotiations you've led. Provide examples that highlight your analytical skills and ability to resolve issues effectively.

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How do you handle contract negotiations with payers?

In answering this question, explain the strategies you use during contract negotiations, including your preparation process, understanding of payer requirements, and communication techniques. Mention the importance of ensuring compliance and maintaining strong relationships with payers while achieving favorable terms for your organization.

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What strategies would you implement to ensure contract compliance?

An effective answer would include a plan for regular monitoring and evaluation of contract terms, ongoing training for staff, and open communication with payers. Discuss how you would use data analysis to track compliance and identify areas for improvement, ensuring that both payers and providers meet their obligations.

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Describe a time when you resolved a complex payment issue.

Provide a specific example where you successfully navigated a payment issue with a payer. Highlight the steps you took to identify the problem, the stakeholders you involved, and the outcome. Emphasize the importance of thorough communication and a solution-oriented approach.

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What experience do you have with leading teams?

Discuss your leadership style, providing examples of how you've successfully managed teams in the past. Highlight your ability to motivate team members, delegate responsibilities effectively, and foster a collaborative environment. Mention any specific outcomes or improvements that resulted from your leadership.

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How do you stay updated on changes in healthcare regulations?

This question allows you to demonstrate your commitment to professional development. Mention resources such as industry publications, seminars, webinars, and networking with other professionals in the field. Discuss how you apply this knowledge to adapt your strategies in managed care.

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How do you prioritize multiple projects in a fast-paced environment?

When answering this question, explain your time management strategies. Talk about techniques you use to prioritize tasks, such as creating to-do lists or using project management tools. Share a specific example where efficient prioritization led to successful outcomes in your previous roles.

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What analytical tools do you use for evaluating contract performance?

Discuss the specific analytical tools and software you are familiar with, along with how you've utilized data to evaluate contract performance. This could include any financial analysis, reporting tools, or databases that help in tracking contract compliance and performance metrics.

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Tell me about a successful collaboration with other departments.

Provide an example of a successful project where you collaborated with different departments. Detail the nature of the project, roles of stakeholders involved, and the importance of communication and teamwork in achieving a successful outcome. Emphasize how cross-departmental collaboration enhances overall organizational effectiveness.

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What strategies do you use to build relationships with payers?

Highlight your approach to relationship building, such as frequent communication, understanding payer needs, and being proactive in addressing issues. Discuss how trust and transparency can nurture long-standing relationships, leading to better negotiation outcomes and cooperative problem-solving.

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