Memorial Health

VALUE-BASED AGREEMENT COORDINATOR

Job Locations US-IL-Springfield
ID
2025-31213
Category
Clerical, Administrative and Business Support
Position Type
Full-Time

Min

USD $37.43/Hr.

Max

USD $58.02/Hr.

Overview

Informs strategic development, value analysis, and contract management throughout the deployment of existing and new risk-based and value-based agreements (VBA), insurance products and VBA management initiatives. Emphasis will be on the product assessment, development, and marketing of Memorial Choice for larger, self-funded employers. In addition, this role will assist strategic and operational leaders in the assessment and development of existing and new products and lines of business as they relate to small-group, large-group, self-funded, individual, Medicaid and Medicare Advantage markets. Coordinates and assists with analysis around the regulatory, contractual, financial and quality domains of VBAs and VBA operations. Develop action items for improvement and recommendations. Work to further the strategic objectives of the organization, specifically as it pertains to payer strategies and the development and integration of strong provider networks and insurance partners. Specific outcomes this position will assist in achieving include; growing captured lives through value-based arrangements, ensuring product performance, creating standardized mechanisms by which to assess and report performance of VBAs, and achieving efficiencies in care provision and demand management within VBAs. Assist in ensuring all actions and organizational approaches meet legal, regulatory and ethical guidelines and will support the Managed Care Team in executing VBAs. Seeks out opportunities to inform and influence positive change that furthers the Memorial Health strategic objectives, mission, and vision, as guided by the values of the organization. 

Qualifications

Education:

  • Bachelor’s degree, preferably in business or health care administration required

Master’s degree (MHA, MPH, MBA or similar) Preferred

Licensure/Certification/Registry:

Experience:

  • Five (5) years of relevant experience working in healthcare, , and/or project management required.

 

Other Knowledge/Skills/Abilities:

  • Excellent communication skills.
  • Excellent analytical skills, with emphasis on both qualitative and quantitative contract analysis, financial analysis, and value analysis.
  • Able to work independently and/or with multiple team members across various areas of MH and maintain positive working relationships.
  • Ability to solve problems creatively. 
  • Ability to plan, organize, administer, coordinate, and control multiple projects.
  • Intermediate understanding of applicable rules, regulations, and legal statues impacting the health insurance and health care sector. Ability to interpret for leadership and explain the impact on operations and strategy.
  • Knowledge of value-based arrangements and contracting, the legal/regulatory environment, and finances under value- and risk-based arrangements.
  • Excellent PC skills, including the use of Microsoft Office products.

·       Ability to work in a fast-paced, changing, and ambiguous environment, and to understand industry trends and develop innovative solutions to meet or exceed industry and customer expectations.

Responsibilities

  1. Maintains and promotes a clear view of the mission and vision of MH and the direction and scope of all aspects within area of responsibility. Works to further the overall strategic plan of MH.

 

  1. Assists in informing and developing strategic and operational aspects within scope of responsibility:
  • Drafts and develops pro formas, documents, and business plans to further MH strategic goals around value-based arrangements
  • Develops, models, and analyzes the outcomes for value-based arrangements
  • Ensures compliance with local, state and federal legislative and regulatory requirements

 

  1. Memorial Choice:
  • Informs innovation and development of Memorial Choice offerings
  • Value analysis and contract management of Memorial Choice deals, in partnership with legal, financial, and operational leaders
  • Retrospective analysis and comparison of actual Memorial Choice performance against models to inform future performance
  • Assists in evaluating and developing expanded provider networks beyond Memorial Health
  • In partnership with key stakeholders, assists in developing and growing plans for Memorial Choice
  • Serves as an account liaison between Memorial Choice and clients to offer support and trouble shoot any operational issues with the product.
  • Markets the Memorial Choice product at various client sites several times per month to ensure proper education and utilization of the product.

 

  1. Other Value-Based Arrangements:
  • Drafts and develops pro formas, documents, and business plans for new value-based arrangements
  • Works with operational leaders to evaluate and, in collaboration with Care Coordination and Managed Care, execute plans for improvement, cost savings, and optimization

 

  1. Value-Based Arrangement Payer Operations:
  • Analyzes the effectiveness and efficiency of local value-based arrangement payer operations, drafting and recommending action plans for improvement
  • Partners with MH operational and strategic leaders to improve assessment and evaluation of product performance
  • Integrates customer service functions between providers and insurers for designated products
  • Informs innovation of new structures and models for insurer and provider partnerships
  • Works with leadership to ensure MH’s Epic implementation is successful for the population health module.

 

  1. Partners with MH legal and managed care teams to review and analyze contracts and compliance-related policies and procedures to facilitate product development and growth

 

  1. Assists in developing strategic elements as well as operational tactics to execute these elements

 

  1. Improves the efficiency and effectiveness of activities under areas of responsibility

 

  1. Performs other related work as required or requested.

 

The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by incumbents of this job.  Incumbents may be requested to perform tasks other than those specifically presented in this description.

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