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Payer Contracting Associate

The Payer Contracting Associate partners with the Manager of Contracting and Payor Relations on the implementation of payor strategy, focusing on payor operations, client services, and process improvement. The focus of this role is network development/contracting. In addition, this role ensures resolution of payor issues received from the field, leadership, or other internal departments, tracking of opportunities, and continual documentation and improvement of processes. This is an entry-level position. Training is available for this role.

This position works onsite in our Northbrook, Illinois corporate office. Remote work is not an option. 

Responsibilities

  • Assist with negotiation of managed care agreements with payors, health systems,  IPA’s and other entities Including language and rate negotiation.
  • Gain working knowledge of various reimbursement strategies and ability to analyze rate proposals.
  • Develop ability to identify unfavorable contract language in agreements.
  • Assist with implementation of payor strategy in partnership with the Manager of Contracting and Payor Relations.
  • Maintains a thorough operational knowledge of contractual agreements and specific contractual language with Payors.
  • Coordinate with credentialing regarding demographic updates and needs related to contracting efforts.
  • Collaborates with Operations, legal, billing, and compliance to track and resolve payor issues, including payment and/or billing disputes.
  • Continually create, document, and improve processes to provide clear communication throughout the lifecycle of contracting efforts.
  • Manages contract assignments and any documentation relevant to the negotiation, strategy, and/or implementation of the contract.
  • Proactively monitor and report on current contracting efforts.
  • Partner with internal team to ensure that contracting efforts align with company and divisional goals.
  • Communicate with relevant stakeholders to ensure contract commitments are operationalized.
  • Additional duties as assigned
  • Bachelor’s degree, Required
  • Degree in Health Care Administration, Managed Care Contracting or similar degree Preferred
  • Interest in Health Care operations Required

This position works onsite in our Northbrook, Illinois corporate office. Remote work is not an option. 

  • Health insurance with dental and vision
  • PTO with sick time
  • 401k & match

INDH2

What You Should Know About Payer Contracting Associate, USA Clinics Group

Are you ready to kick off your career in healthcare contracting? As the Payer Contracting Associate at our company, situated at our corporate office in Northbrook, Illinois, you'll be a vital player in implementing payor strategies alongside the Manager of Contracting and Payor Relations. This entry-level position isn’t just about numbers; it's about nurturing relationships with payors, health systems, and IPAs, while gaining invaluable insight into managed care agreements. You'll assist in negotiating contracts, analyze reimbursement strategies, and even help identify contract language that could benefit our operations. Don’t worry if you're new to this world; we offer comprehensive training to pave your path to success. You'll be actively involved in documenting and improving our processes, collaborating with various internal teams to ensure smooth contracting efforts, and proactively tracking ongoing opportunities. Plus, the prospect of making real changes means that you’ll leave your mark on how we operate. With a bachelor's degree as a required qualification and a preference for candidates with degrees in Health Care Administration or Managed Care Contracting, this role will allow you to dive deep into the operational intricacies of healthcare while making meaningful contributions to our company goals. If you have a passion for healthcare operations and are eager to learn, we invite you to join our team and embark on an exciting career journey with us!

Frequently Asked Questions (FAQs) for Payer Contracting Associate Role at USA Clinics Group
What are the main responsibilities of a Payer Contracting Associate at the company?

As a Payer Contracting Associate at our company, your main responsibilities will include assisting with the negotiation of managed care agreements with various entities, maintaining operational knowledge of contractual agreements, collaborating with teams to resolve payor issues, and continually improving processes related to contracting efforts. You'll play a crucial role in supporting the implementation of payor strategies and tracking the effectiveness of contracting initiatives.

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What qualifications are required for the Payer Contracting Associate position at the company?

To be considered for the Payer Contracting Associate position at our company, candidates must have a bachelor's degree. While a degree in Health Care Administration, Managed Care Contracting, or a related field is preferred, a genuine interest in healthcare operations is essential. This entry-level role is designed for candidates eager to learn and contribute to our payor strategies.

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How does the Payer Contracting Associate role contribute to the company's goals?

The Payer Contracting Associate role is integral to our company as it directly supports the development and implementation of effective payor strategies. By assessing contract opportunities, negotiating agreements, and collaborating with various internal departments, you'll help ensure that our contracting efforts align with overall company objectives and enhance our operational efficiencies.

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Is training provided for the Payer Contracting Associate position at the company?

Yes, training is provided for the Payer Contracting Associate position at our company. We understand that this is an entry-level role, and we are committed to supporting your growth through comprehensive onboarding and ongoing professional development. Our goal is to equip you with the necessary skills and knowledge to succeed in this dynamic field.

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Where is the Payer Contracting Associate position located?

The Payer Contracting Associate position is located onsite at our corporate office in Northbrook, Illinois. Please note that remote work is not an option, as the role involves close collaboration with team members and stakeholders within the office.

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Common Interview Questions for Payer Contracting Associate
Can you explain your understanding of managed care agreements?

In your response, focus on the components of managed care agreements, such as the relationships between payors and healthcare providers. Discuss reimbursement rates, risk sharing, and how these agreements impact patient care and organizational finances.

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How do you prioritize tasks when managing multiple contracting efforts?

Outline your approach to managing time and priorities, perhaps by mentioning systems you use for task management, such as a to-do list or project management software. Emphasize the importance of deadlines and collaboration with teammates.

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What strategies would you employ to identify unfavorable contract language?

Discuss your analytical skills and detail how you'd review contracts for clarity and fairness. Reference the importance of consulting experienced colleagues and utilizing legal resources to gain insights into unfavorable terms.

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Describe a situation where you successfully resolved a conflict or issue.

Provide an example from your past experiences where you identified a problem and took action to resolve it, highlighting communication skills and teamwork. Completing the STAR method (Situation, Task, Action, Result) could be very effective here.

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How do you stay informed about changes in healthcare regulations that could affect contracting?

Indicate your methods for staying informed, such as following industry news, attending workshops, or subscribing to healthcare journals. This shows your proactive nature and commitment to compliance.

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What motivates you to work in healthcare operations?

Reflect on your passion for making a difference in healthcare. Share any personal experiences or interests that draw you to this area and how they align with the goals of the Payer Contracting Associate role.

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Can you give an example of a challenging negotiation and how you handled it?

Use a specific example where you successfully navigated a difficult negotiation. Describe your approach, emphasizing your communication and problem-solving skills while highlighting the positive outcome.

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How would you collaborate with teams like Operations and Legal in contract management?

Discuss the importance of cross-functional collaboration and how you'd foster open communication and joint problem-solving among various departments to ensure contract commitments are met.

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What role does documentation play in the contracting process?

Explain how documentation is crucial for tracking contract negotiations, compliance, and ensuring accountability. Mention any systems or methods you would employ to organize and maintain accurate records.

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Where do you see the future of healthcare contracting heading?

Share your insights on trends you’ve observed in healthcare contracting, such as shifting towards value-based care or increased transparency. Discuss how you believe the Payer Contracting Associate role will evolve alongside this industry landscape.

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Dental Insurance
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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
December 31, 2024

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