Vice President, Payor Contracting Strategy

Overview Legacy Health is seeking a visionary and experienced leader to serve as the Vice President, Payor Strategy & Contracting. The Vice President leads the organization in innovation of payor contracts that advances Legacy in its efforts to move toward more value-based reimbursement while ensuring the financial integrity of the contracts and not placing the organization at undo risk. The Vice President maintains key relationships with the VP of Population Health and leadership within Legacy Health Partners and PacificSource. The Vice President represents Legacy in all payor relationships. Legacy Health is a large, nonprofit, integrated health system with seven hospital campuses serving Oregon and Southwest Washington, including a full-service children's hospital and a behavioral health emergency services facility. Responsibilities The VP, Payor Strategy & Contracting is responsible for all aspects of payor contracting for Legacy Health. This includes but is not limited to, development of contract strategy, negotiation, analysis and administration of all fee-for-service and risk/incentive-based payor contracts. This responsibility includes all hospitals, the employed physician division, joint ventures, Legacy Health Partners, and any other operating divisions of Legacy Health. The VP, Payor Strategy & Contracting is responsible for the financially viable and timely negotiation and execution of all payor contracts for all lines of business, including but not limited to Commercial, Medicare Advantage and Medicaid. The individual has the authority to bind Legacy Health to the terms of all contracts negotiated. Certain strategic contracts may require the approval and signature of the Chief Financial Officer. The Vice President leads the organization in innovation of payor contracts that advances Legacy in its efforts to move toward more value-based reimbursement while ensuring the financial integrity of the contracts and not placing the organization at undo risk.The Vice President maintains key relationships within Legacy Health Partners. The Vice President represents Legacy in all payor relationships. Qualifications Education:Master’s degree in Health Care Management, Public Health or Business Administration required.Relevant experience may be substituted for educational requirements.Experience:Ten years’ experience in payor contracting for either a payor or delivery system required.Experience in value-based contracting required.Negotiation experience required.Minimum of seven years’ experience in a leadership position.Skills:Excellent communication skills, both verbal and written.Outstanding negotiation skills.Ability to work with people at all levels of the organization.Ability to maintain professionalism in difficult and sensitive conversations where stakeholders may disagree.Excellent strategic thinking skills.Outstanding organizational and analytical skills.Knowledge and understanding of financial implications of various contracting structures.Demonstrated knowledge of managed care and value-based care principles.Knowledge and experience with risk-based contracting structures and of contract language.Knowledge of different healthcare rate structures and payment methodologies. Pay Range USD $297,856.00 - USD $431,891.20 /Yr. Our Commitment to Health and Equal Opportunity Our Legacy is good for health for Our People, Our Patients, Our Communities, Our World. Above all, we will do the right thing.If you are passionate about our mission and believe you can contribute to our team, we encourage you to apply—even if you don't meet every qualification listed. We are committed to fostering an inclusive environment where everyone can grow and succeed.Legacy Health is an equal opportunity employer and prohibits unlawful discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion or creed, citizenship status, sex, sexual orientation, gender identity, pregnancy, age, national origin, disability status, genetic information, veteran status, or any other characteristic protected by law.To learn more about our employee benefits click here: Job SummaryRequisition ID: 26-49557City: PORTLANDState/Province: ORDepartment: PAYOR CONTRACTINGAvg Hours Per Week: 40FTE: 1.00Pay Range: USD $297,856.00/Yr. - USD $431,891.20/Yr.FLSA Status: ExemptWork Days: Mon-Fri, no weekendsUnion: Non-union