The Staff VP of Provider Economics will collaborate closely with Vice Presidents and Regional Vice Presidents at National, Regional, and Market levels - driving strategy and analytics to improve Elevance Health’s overall competitive positioning, affordability goals, and network performance.
This position will oversee the West Region, encompassing the CA, CO, and NV markets while overseeing Elevance Health’s $100+ billion unit price budget, including forecast management, reimbursement development, provider contract modeling, and performance reporting.
Primary duties may include, but are not limited to:
Accountable for advising and reporting on unit price changes to support Elevance’s affordability goals and local market performance management.
Advise and execute on preferred reimbursement strategies, strategic contracting initiatives, network development, and any other opportunities around provider reimbursement
Oversee national, regional, and/or local market-level teams to provide day-to-day analytics and consultative strategy for all fee-for-service facility and professional contracting negotiations
Oversee day-to-day financial modeling of hospital, professional and ancillary contracts. Inclusive of both traditional fee-for-service and risk-based methodologies including capitated delegated models
Partner with VPs, SVPs, and Plan Presidents during major hospital and professional negotiations, representing Elevance Health’s financial position “at the table” and advising strategy on reimbursement, contract terms, and termination
Lead ideation and valuation of healthcare cost reduction strategies within the Health Economics space
Design, develop and implement processes and/or solutions that enable financial modeling, network optimization, and performance monitoring.
Represents the Vice President of Health Economics at symposiums and key meetings with regulators, provider groups, customers, and internal business areas
Hires, trains, coaches, counsels, and evaluates performance of direct reports
Requires a BA/BS degree in Economics, Math, Statistics, Data Science or related field and a minimum of 10 years of progressive experience in managed care or integrated health services with an understanding of reimbursement methods; excellent leadership skills, requires minimum 8 years of direct management experience of healthcare analytics teams, or any combination of education and experience which would provide an equivalent background.
Preferred Skills, Capabilities, and Experiences:
MBA, JD, MHA strongly preferred
For candidates working in person or remotely in the below locations, the salary* range for this specific position is $168,000 to $302,400.
Locations: California; Colorado; and Nevada
In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the company. The company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws .
* The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
Please be advised that Elevance Health only accepts resumes from agencies that have a signed agreement with Elevance Health. Accordingly, Elevance Health is not obligated to pay referral fees to any agency that is not a party to an agreement with Elevance Health. Thus, any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.
Be part of an Extraordinary Team
Elevance Health is a health company dedicated to improving lives and communities – and making healthcare simpler. A Fortune 20 company with a longstanding history in the healthcare industry, we are looking for leaders at all levels of the organization who are passionate about making an impact on our members and the communities we serve. You will thrive in a complex and collaborative environment where you take action and ownership to solve problems and lead change. Do you want to be part of a larger purpose and an evolving, high-performance culture that empowers you to make an impact?
We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.
The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19. If you are not vaccinated, your offer will be rescinded unless you provide – and Elevance Health approves – a valid religious or medical explanation as to why you are not able to get vaccinated that Elevance Health is able to reasonably accommodate. Elevance Health will also follow all relevant federal, state and local laws.
Elevance Health has been named as a Fortune Great Place To Work in 2022, has been ranked for five years running as one of the 2023 World’s Most Admired Companies by Fortune magazine, and is a growing Top 20 Fortune 500 Company. To learn more about our company and apply, please visit us at careers.ElevanceHealth.com. Elevance Health is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws. Applicants who require accommodation to participate in the job application process may contact email@example.com for assistance.