Vice President Managed Care
Job Description
Beacon Health System is seeking a strategic and results-driven Vice President of Managed Care to lead the development, execution, and optimization of enterprise-wide payer strategy. This executive will oversee all managed care activities, including contract negotiation, value-based payment models, payer relationships, and network participation, with a focus on maximizing reimbursement, expanding market access, and advancing population health initiatives.
This role serves as a key member of the financial leadership team, partnering cross-functionally to align managed care strategies with system-wide growth, operational, and clinical objectives.
Key Responsibilities
Strategic Leadership & Payer Strategy
- Develop and execute short- and long-term managed care strategies aligned with organizational goals.
- Lead negotiations for commercial, Medicare Advantage, and Medicaid contracts to optimize reimbursement rates and value-based incentives.
- Design and implement innovative payment models, including risk-based and alternative payment arrangements.
- Continuously evaluate contract performance, financial impact, and payer relationships to drive renegotiation and optimization.
Network & Partnership Development
- Oversee participation in managed care networks, ensuring competitive positioning and access.
- Lead direct-to-employer contracting strategies, including program development and employer engagement.
- Respond to and manage Requests for Proposals (RFPs) from employers, brokers, and payer organizations.
ACO & PHO Oversight
- Provide executive leadership for the Accountable Care Organization (ACO) and Physician Hospital Organization (PHO).
- Ensure alignment of ACO/PHO strategies with system goals, value-based care initiatives, and physician engagement.
- Collaborate closely with physician groups to strengthen network performance and integration.
Financial & Operational Management
- Develop and manage annual operating budgets for managed care functions.
- Monitor financial performance, ensuring alignment with revenue and cost objectives.
- Drive initiatives to improve payment rates, reduce risk exposure, and enhance overall financial sustainability.
Care Coordination & Credentialing
- Oversee system-wide care coordination strategies to support value-based care delivery.
- Ensure effective payer/provider credentialing processes across the health system.
Organizational Influence & Education
- Serve as a subject matter expert, educating executive leadership on managed care trends, risks, and opportunities.
- Partner with internal stakeholders across finance, operations, clinical leadership, and strategy.
Leadership Competencies
- Results Orientation: Delivers measurable outcomes in complex, high-stakes environments.
- Customer Focus: Builds strong relationships with payers, employers, and internal stakeholders.
- Trust & Integrity: Demonstrates credibility, transparency, and ethical leadership.
- Collaboration: Drives alignment across diverse teams and physician partners.
- Communication: Effectively translates complex concepts for executive and operational audiences.
- Agility: Adapts quickly to evolving healthcare and reimbursement landscapes.
Qualifications
Education
- Bachelor’s degree in Business, Economics, Healthcare Administration, or related field required
- Master’s degree (MBA, MHA, or related) strongly preferred
Experience
- 5–10+ years of progressive leadership experience in managed care within a health system or payer organization
- Proven success negotiating complex contracts across Commercial, Medicare Advantage, and Medicaid
- Demonstrated experience with value-based care models, ACOs, and risk arrangements
- Strong leadership experience managing teams and cross-functional initiatives
Core Competencies & Expertise
- Deep understanding of managed care structures (HMO, PPO, Medicare Advantage, Medicaid)
- Expertise in contract negotiation, reimbursement modeling, and financial analysis
- Knowledge of regulatory environments impacting healthcare and payer systems
- Experience with employer health plans and direct-to-employer strategies
- Strong analytical, strategic thinking, and problem-solving capabilities
- Excellent executive communication and stakeholder management skills
Work Environment
- Primarily office-based with periodic travel required
Our Mission & Culture
Mission: Deliver outstanding care, inspire health, and connect with heart
Values: Trust. Respect. Integrity. Compassion.
At Beacon Health System, leaders are expected to embody The Beacon Way by:
- Driving innovation
- Developing talent
- Advancing performance improvement
- Leading with accountability
- Leveraging data for decision-making
- Communicating with clarity and consistency