Managed Care Contract Specialist at Mount Sinai Health System, Baltimore, Maryland

Company Overview:
Mount Sinai Health System is a renowned healthcare institution dedicated to providing high-quality medical services to the Baltimore, Maryland community. With a commitment to excellence and innovation, Mount Sinai Health System offers a wide range of healthcare services, including primary care, specialty care, and research initiatives that aim to improve patient outcomes and overall community health.

Key Responsibilities For Managed Care Contract Specialist:
- Develop and negotiate managed care contracts with insurance providers to ensure favorable terms and reimbursement rates for Mount Sinai Health System.
- Analyze contract performance, identify areas for improvement, and make recommendations to optimize contract terms and financial outcomes.
- Collaborate with internal stakeholders, including finance, legal, and operations teams, to ensure contract compliance and alignment with organizational goals.
- Monitor industry trends, regulatory changes, and market dynamics to inform contract negotiations and strategy development.
- Maintain accurate contract records, track key performance indicators, and prepare reports for senior leadership review.

Required Qualifications:
- Bachelor's degree in healthcare administration, business, or a related field.
- 3+ years of experience in managed care contracting within a healthcare setting.
- Strong understanding of healthcare reimbursement methodologies, contract language, and negotiation principles.
- Proficiency in data analysis, contract management software, and Microsoft Office suite.
- Excellent communication skills, both written and verbal, with the ability to build strong relationships with internal and external stakeholders.

Desired Skills:
- Master's degree in healthcare administration, business, or a related field.
- Certified Professional Contract Manager (CPCM) or similar certification.
- Experience working with Medicaid and Medicare managed care contracts.
- Knowledge of value-based care models and alternative payment arrangements.
- Ability to adapt to a fast-paced, dynamic healthcare environment and drive results through collaboration and strategic thinking.

Compensation & Benefits:
The annual salary range for the Managed Care Contract Specialist position at Mount Sinai Health System in Baltimore, Maryland is $70,000 - $90,000, commensurate with experience. In addition to competitive compensation, Mount Sinai Health System offers a comprehensive benefits package that includes medical, dental, and vision insurance, retirement savings plans, paid time off, professional development opportunities, and employee wellness programs.

How to Apply:
To apply for the Managed Care Contract Specialist position at Mount Sinai Health System, please visit our careers page on the company website and submit your resume and cover letter outlining your qualifications and interest in the role. We look forward to reviewing your application and potentially welcoming you to our team dedicated to advancing healthcare excellence.