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Contract Analyst

Overview

 

Contract Analyst

Contract Analyst is part of the NADG Resource Center that supports The Professional Dental Alliance (PDA), which operates 200+ dental practices in 15 states. Contract Analyst manages the overall DSO/Plan relationship and is the health plans primary point of contact at NADG. Contract Analyst is responsible for negotiation and management of contracts with dental insurance plans as well as the overall payer strategy on behalf of The Professional Dental Alliance. Contract Analyst serves as a resource to all areas of NADG and provides timely guidance on payer issues. Contract Analyst may act as an intermediary between other NADG departments and/or practices and the health plan in resolving non-routine issues once available options have been explored/exhausted by all parties directly involved.

Responsibilities

Who YOU Are:As a Contract Analyst on the Payer Relations team, you will support the payer contracting team by performing analysis as needed, maintaining the contract management database, proposal modeling, cataloging contracts, fee schedule maintenance, and payment compliance as needed.  More specifically, you will:

 

  • Analyze proposed rates by modeling and comparing reimbursement to determine contract value and potential revenue impact.
  • Work closely with Accounting and BI teams to procure data from available sources and develop reports to be used by the Payer Relations department
  • Perform timely entry of pertinent data into a contract management system or Matrix
  • Maintain accurate Participation Matrix by state and clinic
  • Maintain accurate TIN listing by state, practice, specialty
  • Maintain Leased, Tiered and Stacked Network Matrix
  • Proactively research payer policy changes that impact PDA/NADG
  • Continuously monitor contract performance and value, identifying new targets for renegotiation or biennial contract adjustment (COLA)
  • Assist with the entry of new rates into the Fee Schedule tables and perform regular maintenance of those tables
  • Assist with yearly UCR fee increase projects as assigned
  • Operate in compliance with all local, state, and Federal laws as well as NADG policy and compliance standards

Job description is not intended to include an inclusive list of responsibilities. Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

Qualifications

Qualifications

We are Excited About You if you have:- A Bachelor’s degree in a healthcare, business, finance, or a related field.- 2-3 years-experience in provider relations, payer relations or financial analysis within a healthcare organization- May consider qualified candidates in lieu of a bachelor’s with 7-9 years of directly related experience or relevant health care experience- Advanced Microsoft Office skills (Excel is a must), experience with Business Intelligence reporting preferred

- Understanding of key performance metrics and performance reporting- High attention to detail with ability to analyze and summarize data- Dental or Health insurance plan experience preferred but not necessary

- Knowledge of procedural coding systems as it relates to payer contracting is preferred but not necessary

 

Benefits Await!

We take pride in our ability to give our team members all the benefits they deserve. This is why we offer…

  • Health, Dental and Vision Insurance (Full-time employees)
  • Healthcare Spending Account
  • Paid Time Off
  • 401k
  • Voluntary Life & Disability Insurance
  • Referral Program
  • Employee Discount Program

Equal Opportunity Employer

We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status, or any other characteristic protected by law.

#NADG3

Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Contract Analyst, North American Dental Group

Are you ready to make a meaningful impact in the world of dental health? As a Contract Analyst with NADG, you'll play a crucial role in supporting The Professional Dental Alliance (PDA) in the beautiful city of Pittsburgh. This isn’t just another role; it's an opportunity to be the primary liaison between health plans and our extensive network of over 200 dental practices across 15 states. Your expertise in negotiating and managing contracts with dental insurance plans will not only impact our payer strategy but also enhance the overall operations of NADG. Your day-to-day will consist of analyzing proposed rates, maintaining our contract management database, and collaborating closely with accounting and business intelligence teams to ensure our payer relations are running smoothly. Picture yourself proactively researching policy changes, monitoring contract performance, and identifying new targets for renegotiation to maximize revenue potential. With your keen attention to detail and analytical mindset, you’ll provide invaluable guidance on payer issues to various departments within the organization. If you're passionate about blending healthcare with data-driven decision-making, then this Contract Analyst position at NADG is calling your name. Join us, and let’s shape the future of dental care together while enjoying great benefits like health insurance, paid time off, and the opportunity to grow your skills!

Frequently Asked Questions (FAQs) for Contract Analyst Role at North American Dental Group
What are the key responsibilities of a Contract Analyst at NADG?

As a Contract Analyst at NADG, your responsibilities will revolve around managing contracts with dental insurance plans, performing analysis on proposed rates, and maintaining the integrity of our contract management database. You’ll also monitor contract performance, assist in fee schedule maintenance, and provide timely guidance on payer issues affecting The Professional Dental Alliance.

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What qualifications are needed for the Contract Analyst position at NADG?

To qualify for the Role of Contract Analyst at NADG, candidates should ideally hold a Bachelor’s degree in healthcare, business, finance, or a related field, along with 2-3 years of experience in provider or payer relations. Candidates with extensive relevant experience may also be considered in lieu of a bachelor’s degree.

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How does the Contract Analyst at NADG contribute to the organization's success?

The Contract Analyst at NADG plays a vital role in the success of the organization by ensuring competitive contract negotiations with dental insurance plans, which directly impacts our revenue. By identifying insights from data and continuously monitoring contract performance, you help to optimize profitability for The Professional Dental Alliance.

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What type of software skills are required for a Contract Analyst position at NADG?

Proficiency in Microsoft Office, especially Excel, is critical for a Contract Analyst role at NADG. Additionally, experience with Business Intelligence reporting tools is preferred as these skills aid in data analysis and reporting essential for the Payer Relations team.

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What benefits does NADG offer to its Contract Analysts?

NADG offers a comprehensive benefits package for Contract Analysts, including health, dental, and vision insurance, a healthcare spending account, paid time off, a 401k plan, and additional perks like a referral program and employee discounts, ensuring team members are well-supported.

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Common Interview Questions for Contract Analyst
Can you describe your experience with contract negotiations?

In your answer, highlight specific examples of past contract negotiations you've been involved in. Discuss your role, the approach you took, and the outcome, emphasizing how your skills contributed to creating favorable terms.

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How do you approach data analysis and reporting?

When answering, explain your methods for gathering data, the tools you use for analysis, and how you present findings. Providing examples of reports you've generated will illustrate your analytical prowess.

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What steps do you take to stay informed about changes in healthcare policy that may affect your contracts?

Discuss your strategies for keeping updated with industry trends, such as following relevant publications, participating in webinars, or networking with other professionals, demonstrating your proactive approach to staying informed.

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How do you handle conflicts or issues that arise during contract discussions?

Illustrate your conflict resolution skills by sharing a specific example where you navigated a challenging situation effectively. Highlight your communication skills and the importance of finding a win-win solution.

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What do you think is the most crucial metric to track in contract management?

Provide thoughtful insights on performance metrics, suggesting areas like reimbursement rates, contract compliance, or turnaround times in contract execution, demonstrating your analytical thinking.

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Can you share an experience where you identified an opportunity for renegotiation of a contract?

Describe a situation where you recognized a potential for improved terms and how you went about it. Include the analysis performed and the eventual result to showcase your initiative and impact.

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Why do you want to work as a Contract Analyst for NADG?

Reflect on your passion for healthcare and how NADG’s mission aligns with your values. Discuss what excites you about the role and how you believe you can contribute to the organization.

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What tools or software are you familiar with for contract management?

List the specific tools you've used, such as contract management systems or reporting software. Be honest about your proficiency level and your willingness to learn new systems if necessary.

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Describe a time when you maintained compliance with regulations in a project...

Share an instance where you focused on compliance, detailing the regulatory standards you had to meet, the actions you took, and how you ensured adherence throughout the project.

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What did you find challenging in your previous role and how did you overcome it?

Discuss a particular challenge that you faced, the steps you took to address it, and what you learned from the experience, demonstrating your resilience and problem-solving skills.

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North American Dental Group (NADG) is a dental services organization headquartered in Pittsburgh, PA. The company was founded in 2008 driven by a mission to offer best-in-class dental care to every patient at every visit. We achieve our mission by...

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Full-time, on-site
DATE POSTED
April 19, 2025

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