We are looking for a dynamic and driven individual to join our team as a Value-Based Contracting Lead at Humana. In this role, you will be responsible for developing and implementing value-based contracting strategies to drive improved outcomes and cost savings for our members. As a key member of our team, you will have the opportunity to make a significant impact on the healthcare industry and help shape the future of value-based care. We are seeking a candidate with a strong background in healthcare analytics and contract negotiation, who is also passionate about improving the quality and affordability of healthcare. If you are a self-starter with excellent communication and leadership skills, we encourage you to apply for this exciting opportunity. Join us in our mission to help our members live healthier, happier lives.
- Develop and implement value-based contracting strategies to drive improved outcomes and cost savings for Humana's members.
- Analyze healthcare data and trends to identify opportunities for value-based contracting partnerships.
- Negotiate contracts with healthcare providers and other partners to support value-based care initiatives.
- Collaborate with cross-functional teams to ensure alignment and implementation of value-based contracting strategies.
- Monitor and evaluate the success of value-based contracts and make recommendations for improvement.
- Stay up-to-date on industry trends and best practices in value-based care and contract negotiation.
- Build and maintain relationships with key stakeholders, including healthcare providers, internal teams, and external partners.
- Communicate effectively with team members and leadership to provide updates and progress reports.
- Lead and mentor team members to support the development and implementation of value-based contracting strategies.
- Champion a culture of continuous improvement and innovation within the value-based contracting team.
- Represent Humana at industry events and conferences to showcase our value-based contracting initiatives.
- Ensure compliance with all regulatory requirements and company policies related to value-based contracting.
- Identify and address any challenges or barriers to successful value-based contracting.
- Collaborate with other departments, such as finance and legal, to ensure the financial viability and legal compliance of value-based contracts.
- Participate in strategic planning and decision-making related to value-based care initiatives at Humana.
Bachelor's Or Master's Degree In A Related Field Such As Healthcare Administration, Business, Or Finance.
Minimum Of 5 Years Of Experience In Healthcare Contract Negotiation, Management, And Execution.
In-Depth Knowledge Of Value-Based Payment Models And Alternative Payment Arrangements.
Strong Analytical And Problem-Solving Skills, With The Ability To Evaluate And Interpret Complex Financial And Clinical Data.
Excellent Communication And Negotiation Skills, With The Ability To Build And Maintain Relationships With Providers, Vendors, And Internal Stakeholders.
Risk Management
Quality Assurance
Strategic Planning
Project Management
Data Analysis
Contract Negotiation
Relationship Building
Contract compliance
Financial acumen
Provider Relations
Healthcare Industry Knowledge
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Value-Based Contracting Lead is $80,000 to $120,000 per year. However, this can vary depending on factors such as location, experience, and the specific industry or company. Some individuals in this role may earn more than $120,000, while others may earn less than $80,000.
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Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. Its strategy integrates care delivery, the member experience, and clinical and consumer insights to encourage engagement, behavior change, proactive clinical outreach and wellness for the millions of people they serve across the country. The company operates its business through the following segments: Retail, Group, and Healthcare Services.
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