Aetna Network Manager, Contracting in Hartford, Connecticut
Req ID: 37761BR
Negotiates, competitive and complex contractual relationships with providers according to pre-determined internal guidelines and financial standards.Works cross-functionally to execute network strategies. Maintains accountability for specific medical cost initiatives. Completes the necessary steps to ensure that contracts are loaded into systems accurately and timely and manages implementation of new contracts with departments involved. 5 years (min.) of provider contracting experience Experience with value based contracting strongly preferred.Fundamental Components:
Load final negotiated contracts into appropriate systems (Mastery) Analyze and refine provider networks to assure appropriate network composition (Foundation) Negotiate and manage network contractual arrangements (Mastery) Negotiate contracts and other understandings on behalf of the company (Mastery) Utilize PADU guidelines for negotiations (Mastery) Manage requests for special contractual language (Mastery) Participates in organizational audits to ensure organizational compliance with regulatory agencies as appropriate. Evaluates current contracts, renegotiates where applicable, and applies managed care reimbursement principles (capitation, per diems, creative reimbursement, etc.) to maximize cost savings Manages and develops the skills of department personnel. Develops and maintains the Health Plan contract templates, including securing all required approvals. Manages initial and ongoing cost/benefit analysis of contracts to determine cost effectiveness, renegotiating as appropriate. Manages the process of appropriate legal / regulatory review of contracts prior to execution. Drafts, recommends and writes both standard and specialized contracts, ensuring that all required components are included. Ensures networks adequacy and cost effectiveness in accordance with established minimum standards.BACKGROUND/EXPERIENCE desired:
Must possess a successful track record negotiating large hospital system contracts.
The highest level of education desired for candidates in this position is a Bachelor's degree or equivalent experience.
This can be a fully remote opportunity, looking for candidate to be in Rhode Island or a commutable distance to the State of RI.
Functional - Network Management/Contract negotiation/4-6 Years
Functional - Finance/Financial analysis/1-3 Years
Functional - Leadership/Lead significant enterprise-wide initiative/1-3 Years
Functional - Project Management/Cross-functional project management/4-6 Years
Technical - Aetna Applications/Enterprise Provider Database System/4-6 Years/End User
Technical - Aetna Applications/Strategic Contracts Manager/4-6 Years/End User
Technical - Aetna Applications/Mainframe Provider Database/4-6 Years/End User
Technical - Aetna Applications/Strategic Contracts Pricer Conversion Table Tool/4-6 Years/End User
General Business/Demonstrating Business and Industry Acumen/ADVANCED
Leadership/Developing and Executing Strategy/ADVANCED
Sales/Managing Competitive Networks/MASTERY
Service/Demonstrating Service Discipline/ADVANCED
Technology/Selecting and Applying Technology Solutions/ADVANCED
ADDITIONAL JOB INFORMATION
Maintains strong working relationships with internal constituents within the following areas: Medical Economics Units, Contracts Coordination Unit, Provider Data Services, Sales, Patient Management, Legal and other areas within Aetna that are key to successful execution.
Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.
We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.
Together we will empower people to live healthier lives.
Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.
We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.
Benefit eligibility may vary by position. Click here to review the benefits associated with this position.
Job Function: Health Care