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Contract Administrator Job
Job Number: LCS14337
Job Title: Contract Administrator
Department: Contracting - 0014621
Facility: Corporate Headquarters
Location: Providence, RI
Equivalent to BS/BA in business, finance, or a health care related management field. Knowledge of all aspects of the medical delivery system. Strong knowledge of managed care, capitation and risk contracts. Strong negotiating skills. Understanding of finance, cost accounting, reimbursement and contract administration in a healthcare environment preferred.
Minimum of three years experience in business, finance or related administrative experience in a complex healthcare environment, preferably in managed care or reimbursement. Minimum two years contract analysis and negotiation experience, or related reimbursement experience required.
The Contract Administrator reports to the Manager Payer Relations and Contracting. Under the general direction and within Lifespan policies and procedures, oversees the negotiation and completion of specific hospital and/or physician healthcare contracts. Provides essential managed care expertise to Lifespan affiliated physicians, Lifespan affiliates, and the payer/HMO. Evaluates and negotiates new and existing managed care contracts, and new Alternative Payment Model Contracts (ex. Bundled payments, shared savings). Coordinates contracting efforts with key departments to support new business opportunities, and maximize system performance under contract terms.