Vice President – System Contracting & Value-Based Reimbursement

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Leadership (Non-Clinical)
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184413 Requisition #
The Vice President - System Contracting & Value-Based Reimbursement will report to the Chief Financial Officer.  This position will provide leadership and oversight to system contracting and value based reimbursement.  This role requires a high degree of collaboration with the Chief Strategy, Chief Clinical Officer, and other senior physician/administrative leaders and partnership with leaders of Population Health Management, the Clinically Integrated Network, Strategy & Analytics, and Revenue Cycle to collectively form the value-based team. 

The value-based team is charged with moving the organization from a predominantly fee-for-service environment to a predominantly value-based system. This role is essential in developing innovative approaches to growing market share through the strategic planning, organization, implementation, and financial measurement of managed care contracts with current and future prospective health insurers and employers.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

 

Collaborates with Executive leadership to develop system contracting strategy and serve as a key contracting strategist to ensure HFHS is well positioned for transition from volume to value-based reimbursement.


Leads all payer negotiations for HFHS on behalf of its hospital and physicians for pay-for-performance, bundled payments, shared savings/risk, and traditional fee-for-service arrangements,
including evaluation of reimbursement terms, contract language, risk-based arrangements and operational implications.  Payor products include CMS MSSP, commercial, Medicare Advantage, Medicaid HMOs, Direct to Employer, and other governmental and international payors.


Supports analyses of strategic and process improvement initiatives of Population Health and Clinical Networks to reduce cost and create value on a per member basis.


Reviews monthly with Operational partner the financial trends and themes emerging from risk and value-based contracts to assist in identifying necessary course correction.


Oversees monthly accounting process for risk sharing arrangements and financial analysis of value based contracts.


Leads implementation, maintenance and use of expected reimbursement contract modeling tools.


Develops and maintains hospital & physician contract management systems and staff to validate actual payments to expected payments for services.

Oversees ongoing review and renewal of existing payor contracts.


Maintains expertise in reimbursement methodologies and regulatory changes as they apply to payor contracts.


Serves on appropriate strategic planning and policy-making committees.

Bachelor’s Degree in Finance or Health Care Administration. Master’s Degree and Certified Public Accounting experience preferred.


Ten years of progressively more responsible experience in contracting and reimbursement, 5+years of senior leadership experience preferred.


Extensive experience & knowledge in:

Value-based care models, including bundle payment negotiation, pay-for-performance initiatives, shared savings, risk pools, and capitation. 

Negotiations with C-Suite executives internally as well as externally in the employer and payer arenas

Aligning strategic partnerships between contracting and medical management , clinical and administrative operations.

Regulatory environment changes 

Extensive knowledge of language interpretation in managed care contracts

Rate methodologies utilized for Hospitals, Physicians, ASCs and Insurance companies 


Ability to communicate in clear, concise terms


Well-developed conceptual and analytical skills


High level of interpersonal, management and organizational skills


Ability to motivate teams to produce quality materials with tight timeframes and simultaneously manage several projects


Overview

Henry Ford Health System, one of the largest and most comprehensive integrated U.S. health

care systems, is a national leader in clinical care, research and education.  The system includes

the 1,200-member Henry Ford Medical Group, five hospitals, Health Alliance Plan (a health

insurance and wellness company), Henry Ford Physician Network, a 150-site ambulatory

network and many other health-related entities throughout southeast Michigan, providing a

full continuum of care.  In 2015, Henry Ford provided $299 million in uncompensated care.

The health system also is a major economic driver in Michigan and employs more than 24,600

employees.  Henry Ford is a 2011Malcolm Baldrige National Quality Award recipient.  The

health system is led by President and CEO Wright Lassiter III.  To learn more, visit HenryFord.com.

Benefits

Whether it's offering a new medical option, helping you make healthier lifestyle choices or

making the employee enrollment selection experience easier, it's all about choice.  Henry

Ford Health System has a new approach for its employee benefits program - My Choice

Rewards.  My Choice Rewards is a program as diverse as the people it serves.  There are

dozens of options for all of our employees including compensation, benefits, work/life balance

and learning - options that enhance your career and add value to your personal life.  As an

employee you are provided access to Retirement Programs, an Employee Assistance Program

(Henry Ford Enhanced), Tuition Reimbursement, Paid Time Off, Employee Health and Wellness

and access to day care services at Bright Horizons Midtown Detroit, and a whole host of other

benefits and services.

Equal Employment Opportunity/Affirmative Action Employer

Equal Employment Opportunity / Affirmative Action Employer Henry Ford Health System is

committed to the hiring, advancement and fair treatment of all individuals without regard to

race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height,

weight, marital status, family status, gender identity, sexual orientation, and genetic information,

or any other protected status in accordance with applicable federal and state laws.

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