Managed Care Contract Specialist at Cleveland Clinic, Indianapolis, Indiana
Job Description
Company Overview:
Cleveland Clinic, a renowned healthcare organization, is committed to providing world-class care to patients. With a legacy of excellence in patient care, research, and education, Cleveland Clinic is dedicated to improving the health and well-being of individuals and communities. Located in Indianapolis, Indiana, our facility offers a collaborative and innovative environment for healthcare professionals to thrive and make a difference in the lives of patients.
Key Responsibilities for Managed Care Contract Specialist:
- Develop, negotiate, and manage contracts with managed care organizations to optimize reimbursement rates and ensure compliance with regulatory requirements.
- Analyze contract terms and financial implications to identify opportunities for cost savings and revenue enhancement.
- Collaborate with internal stakeholders, including finance, legal, and operations teams, to ensure alignment with organizational goals and strategies.
- Monitor contract performance and conduct regular reviews to assess contract effectiveness and identify areas for improvement.
- Stay updated on industry trends, regulations, and market dynamics to inform contract negotiations and decision-making processes.
Required Qualifications:
- Bachelor's degree in Healthcare Administration, Business, or related field.
- Minimum of 3 years of experience in managed care contracting within the healthcare industry.
- Strong knowledge of healthcare reimbursement methodologies, contract language, and compliance requirements.
- Excellent negotiation skills with a proven track record of successful contract negotiations.
- Ability to analyze complex data, interpret financial reports, and communicate findings effectively.
Desired Skills:
- Master's degree in Healthcare Administration, Business, or related field.
- Professional certification in healthcare management or managed care contracting.
- Experience working with electronic health record systems and contract management software.
- Strong project management skills with the ability to multitask and prioritize competing demands.
- Effective interpersonal skills to build relationships and collaborate with internal and external stakeholders.
Compensation & Benefits:
The Managed Care Contract Specialist position at Cleveland Clinic in Indianapolis, Indiana offers a competitive annual salary range of $70,000 to $90,000, commensurate with experience and qualifications. In addition to competitive pay, we provide a comprehensive benefits package that includes health insurance, retirement plans, paid time off, and professional development opportunities.
How to Apply:
To apply for the Managed Care Contract Specialist position at Cleveland Clinic in Indianapolis, Indiana, please visit our careers page on the company website and submit your resume and cover letter online. We look forward to reviewing your application and potentially welcoming you to our dynamic team dedicated to excellence in healthcare administration.
Required Skills
- Medical Billing & Coding
- Claims Processing
- Revenue Cycle Management
- Denial Resolution
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