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General information

Job Title
Director, Payor Strategy and Contracting
Functional Area
Teammate - Revenue Cycle
City
Remote
Work Location Type
Remote
Employment Type
Full-time (30+ hrs/week)/FULLTIME

Description & Requirements

Position Description & Requirements
POSITION SUMMARY

The Director of Payor Strategy and Contracting will work closely with the VP of Payor Strategy and Contracting, and SVP of Payor Strategy and Contracting and the Chief Revenue Officer to develop and execute on managed care contracting strategies and negotiations. In this role you will be responsible for directly contributing to the P&L success of the practice through identifying and evaluating payor contracting opportunities, negotiating optimal reimbursement rates, and helping manage the payor contracting team. You will also work closely with the finance and operations teams to assist with evaluation and integration of new partnerships. Given Radiology Partners’ ongoing growth, there will be significant opportunity and expectation to grow with the practice and contribute to building a first-rate team. 


WHO WE ARE AND WHAT WE DO

Radiology Partners, through its owned and affiliated practices, is a leading radiology practice in the U.S., serving hospitals and other healthcare facilities across the nation. As a physician-led and physician-owned practice, our mission is to transform radiology by innovating across clinical value, technology, service, and economics, while elevating the role of radiology and radiologists in healthcare. Using a proven healthcare services model, Radiology Partners provides consistent, high-quality care to patients, while delivering enhanced value to the hospitals, clinics, imaging centers and referring physicians we serve. 


WHY RADIOLOGY PARTNERS:
  • Competitive Benefits package – Eligibility starts the month after hire, with tiered options to choose from. 
  • Compensation Reviews, Career Growth Opportunities 
  • Flexible Remote Schedules 
  • Generous PTO Plans and Paid Holidays
  • Proudly Certified as a Great Place to Work for Five Consecutive Years

POSITION DUTIES AND RESPONSIBILITIES 
  • Formulate and implement strategies and initiatives for payor contracting, including short and long-term strategies that support maximizing fee-for-service revenue, while transitioning to value-based care 
  • Lead and mentor the payor contracting team Identify or create tools, financial modeling systems or other resources to assist with payor contract evaluations 
  •  Work with finance and operations teams in the due diligence and integration of new practice partnerships 
  • Help identify and lead process improvements and development as Radiology Partners continues to scale 
  • Support national revenue cycle in improving managed care net revenue yield through reductions in administrative and clinical denials 
  • Participate in strategic planning and provide insights on reimbursement strategy. 
  • Lead and manage payor contract negotiations, including evaluating and redlining key language provisions (must be proficient in Microsoft Word) 
  • Collaborate with revenue cycle, legal, and finance teams to ensure compliance and operational readiness.  

DESIRED PROFESSIONAL SKILLS AND EXPERIENCE 
  • MBA or other advanced degree in Business/Healthcare preferred
  • Finance, consulting or relevant healthcare experience (required) 
  • Prior management experience (preferred) 
  • Strong analytical, leadership, team building, communication, and interpersonal skills 
  • Strong independent judgment and creativity 
  • Advanced knowledge of Microsoft Office products (Excel, Word, PowerPoint) 

COMPENSATION 

The salary range for this position is $155,000.00 - $165,000.00. Final determinations may vary based on several factors including but not limited to education, work experience, certifications, etc. This role is also eligible for an annual discretionary bonus. In addition to this range, Radiology Partners offers competitive total rewards packages, which include health & wellness coverage options, 401k benefits, and a broad range of other benefits such as family planning and telehealth (all benefits are subject to eligibility requirements). 

Radiology Partners is an equal opportunity employer. RP is committed to being an inclusive, safe and welcoming environment where everyone has equal access and equitable resources to reach their full potential. We are united by our Mission to Transform Radiology and in turn have an important impact on the patients we serve and the healthcare system overall. We hold that diversity is a key source of strength from which we will build a practice culture that is inclusive for all. Our goal is to empower and engage the voice of every teammate to promote awareness, compassion and a healthy respect for differences. 

CCPA Notice: When you submit a job application or resume, you are providing the Practice with the following categories of personal information that the Practice will use for the purpose of evaluating your candidacy for employment: (1) Personal Identifiers; and (2) Education and Employment History. 

Radiology Partners participates in E-verify. 

Beware of Fraudulent Messages: Radiology Partners will never request payment, banking or other financial information in exchange for interviews or as part of the hiring process. Additionally, we will not send checks for deposit into your bank account at any stage of recruitment. All communication during the interview and hiring process should come from an email address ending in “@radpartners.com.” If you suspect you are receiving a fraudulent job offer or solicitation from Radiology Partners or one of our local practices, please email recruiting@radpartners.com to notify our team.