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Director Reimbursement Design & Market Evaluation
Director Reimbursement Design & Market EvaluationVermont Staffing • Montpelier, VT, US
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Director Reimbursement Design & Market Evaluation

Director Reimbursement Design & Market Evaluation

Vermont Staffing • Montpelier, VT, US
30+ days ago
Job type
  • Full-time
Job description

Highmark Inc. Job Opportunity

Job Summary : This job supports the matrixed strategic design and analytical approach to reimbursement. The incumbent will work closely with stakeholders across the enterprise in the development and implementation of an integrated roadmap for the introduction and delivery of new and innovative reimbursement models across all of Highmark's markets and lines of business. This will require aligning new models to the health plan's strategic objectives based on a deep understanding of innovation and industry trends in both the commercial and government lines of business. This team will be responsible for supporting development and maintaining models that will drive both the return on investment (ROI) and other decisions on the payer partnership constructs. These new approaches require new operational capabilities, and this team is responsible for identifying those gaps, building requirements to drive the development of new capabilities, and tying them to Highmark's strategic capability roadmap. They will need to work effectively across teams to inform and influence change to drive adoption and ROI realization. Critical partners include Advanced Analytics, Contracting, Market and Provider support teams, Actuary, Finance, Highmark Health Solutions, Health Plan Operations.

Essential Responsibilities :

  • Perform management responsibilities to include, but are not limited to : involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity. Plan, organize, staff, direct and control the day-to-day operations of the department; develop and implement policies and programs as necessary; may have budgetary responsibility and authority.
  • Develop the overall conceptualization, strategy alignment, financial models, and high-level design of new reimbursement models for both government and private payers. Programs will include but not be limited to fee for service, pay-for-value programs, episode payments, prospective bundled payments, gain share and risk share models across all lines of business with the goal of maximizing quality while reducing healthcare costs. Develops and maintains a 3-5 year strategic roadmap outlining current and future reimbursement designs across markets and lines of business with input from key executives across the organization.
  • Work in a Health Economist approach to build and maintain analytical models that performs evaluation of reimbursement models. Continuously evaluates models and seeks for innovative ways to make improvements based on data and market research. Working closely with Contracting and Provider Relation Leaders and others across the enterprise to develop targeted reimbursement models that support enterprise strategic initiatives that might fall outside of planned value-based reimbursement designs and / or to serve as a focus of innovation.
  • Develop and maintains strategic provider relationships to understand the current health care delivery state, readiness for change, test value based programming concepts and components, identify key partners, identify and proactively communicate market transformation concepts with provider and professional advocacy societies and key thought leaders. Serve as a subject matter expert working in concert with provider relations and clinical transformation consultants to explain new programs and results to key provider partners.
  • Other duties as assigned or requested.

Education :

  • Required : Bachelor's Degree in Business, Finance, Healthcare Administration, or Related Field
  • Substitutions : 6 years of relevant work experience
  • Preferred : Master's Degree in Business or Healthcare Administration
  • Experience :

  • Minimum : 7 years Healthcare, Healthcare Insurance, Consulting or related area + 3 years Value-based reimbursement, through managed care contracting, provider reimbursement, consulting, population health delivery or related areas + 4 years Research and strategic planning around emerging trends in reimbursement, network, and payment model design.
  • Preferred : 5 years Familiarity with alternative care model designs (e.g., patient centered medical home, ACO), alternative reimbursement models (e.g., bundled payments), and provider / health plan quality programs (e.g. pay for performance) + 5 years Familiarity with the delivery of health care services across the continuum and quality metrics. + 5 years Experience in running large cross organizational programs and projects + 5 years Familiarity with health plan and provider contracting or revenue management + 2 years Understanding of provider contract documents and overall contract management process
  • Skills :

  • Excellent written and oral communication skills with the ability to present complex information clearly and persuasively. Including excellent leadership skills, with the ability to relate to all levels of management and staff as well as individuals external to the corporation
  • Highly effective oral and written communications skills
  • Ability to manage multiple, complex projects within prescribed timelines
  • Proficient in MS Office suite, including Word, Excel, PowerPoint and project management software
  • High level of autonomy and self-direction, to guide reimbursement model design from concept through to execution
  • Ability to successfully navigate complex organization, engaging multiple stakeholders to achieve reimbursement objectives
  • Strong financial background and analytical skills with a deep understanding of the economic drivers of healthcare
  • Comfort and with real-time calculations of cost, membership, etc. (i.e., "back of the envelope" estimations)
  • Language : (Other than English) None

    Travel Requirement : 0% - 25%

    Physical, Mental Demands and Working Conditions :

  • Position Type : Office-based
  • Teaches / trains others regularly
  • Frequently Travel regularly from the office to various work sites or from site-to-site
  • Rarely Works primarily out-of-the office selling products / services (sales employees)
  • Does Not Apply Physical work site required
  • Lifting : up to 10 pounds Constantly Lifting : 10 to 25 pounds Occasionally Lifting : 25 to 50 pounds Rarely
  • Disclaimer : The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

    Compliance Requirement : This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

    Pay Range Minimum : $126,400.00 Pay Range Maximum : $236,000.00

    Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.

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    Director Reimbursement Design & Market Evaluation • Montpelier, VT, US

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