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Vice President Managed Care

Granger, IN 4 days ago

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

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