Sr. Contracting Specialist at WVU Medicine

Role Overview

The Sr. Contracting Specialist at WVU Medicine plays a pivotal role in managing and analyzing contracts between WVUHS, UHA, WVUPC, UHP, payers, and other key stakeholders. This position is essential for ensuring the financial health and strategic alignment of WVU Medicine through effective contract negotiation, revenue forecasting, and data-driven decision-making. The ideal candidate will possess a strong analytical background, a deep understanding of healthcare contracting, and excellent communication skills.

Day in the Life

As a Sr. Contracting Specialist, your day-to-day activities will be diverse and challenging. You will: * **Data Extraction and Analysis:** Extract data from various internal and external sources to analyze contract revenue and project profitability. * **Revenue Monitoring:** Evaluate existing targeted revenue results and provide recommendations for improvement. * **Report Presentation:** Present healthcare data in a clear and concise manner to upper management. * **Consulting Services:** Offer consulting services and decision support on critical healthcare topics. * **Variance Investigation:** Investigate and communicate any variance issues to the department director. * **Database Management:** Develop and maintain databases to track reimbursement and statistical information, ensuring data integrity. * **Facilitation:** Facilitate messenger model discussions with insurance companies, HMOs, and other payers, maintaining strict compliance. * **Negotiation:** Conduct negotiations with payers on behalf of WVUHS, its affiliates, UHA, UHP, and WVUPC. * **Proposal Development:** Evaluate payer-offered terms, develop counter proposals, and create contract language. * **Collaboration:** Work with various personnel to develop analytical information related to contract negotiations. * **Offer Summarization:** Summarize offers for review by relevant committees and individuals. * **Communication:** Communicate new and renewal contract implementations to providers.

Why Morgantown, West Virginia?

Morgantown offers a unique blend of small-town charm and big-city amenities. As home to West Virginia University, Morgantown boasts a vibrant cultural scene, excellent educational opportunities, and a thriving job market. The cost of living is relatively low compared to other major cities, making it an attractive place to live and work. WVU Medicine is one of the largest employers in the area, providing stable and rewarding career opportunities. The city is surrounded by beautiful natural landscapes, offering plenty of outdoor activities such as hiking, biking, and fishing. ## Career Path WVU Medicine is committed to the growth of its employees. Here's a potential career path for a Sr. Contracting Specialist: 1. **Sr. Contracting Specialist:** The starting point, focusing on contract analysis, negotiation, and revenue forecasting. 2. **Contracting Manager:** Oversee a team of contracting specialists and manage larger, more complex contracts. 3. **Director of Contracting:** Lead the contracting department, developing and implementing contracting strategies. 4. **Vice President of Finance:** A senior leadership role responsible for the overall financial health of the organization. ## Salary & Benefits The estimated salary range for a Sr. Contracting Specialist at WVU Medicine in Morgantown, West Virginia is $75,000 to $110,000 per year, depending on experience and qualifications. WVU Medicine offers a comprehensive benefits package, including: * **Health Insurance:** Medical, dental, and vision coverage. * **Paid Time Off:** PTO and holidays. * **Retirement Plan:** 401(k) with employer matching. * **Life Insurance:** Basic and supplemental life insurance options. * **Disability Insurance:** Short-term and long-term disability coverage. * **Flexible Spending Accounts:** FSA for healthcare and dependent care expenses. * **Employee Assistance Program:** EAP for confidential counseling and support services. * **Wellness Programs:** Programs to promote employee health and well-being. * **Tuition Reimbursement:** Financial assistance for continuing education. * **Employee Discounts:** Discounts on various products and services. ## WVU Medicine Culture WVU Medicine is committed to creating a positive and supportive work environment for its employees. The organization values teamwork, collaboration, and innovation. WVU Medicine is dedicated to providing high-quality patient care and is committed to making a difference in the lives of the people it serves. Employees are encouraged to develop their skills and advance their careers within the organization. The culture is one of continuous improvement and a commitment to excellence. ## How to Apply To apply for the Sr. Contracting Specialist position at WVU Medicine, please follow these steps: 1. Click the "Apply" button located at the top of this page. 2. Complete the online application form. 3. Upload your resume and cover letter. 4. Answer all required questions. 5. Submit your application. ## Frequently Asked Questions (FAQ) 1. **What are the minimum qualifications for this position?** * A Bachelor’s degree in healthcare management, general business management, or a related field, along with three years of relevant experience. 2. **What is the preferred education for this role?** * An advanced degree in a technical field such as engineering, mathematics, or operations research is preferred. 3. **What are the key skills required for this position?** * Strong analytical skills, proficiency in data extraction and analysis, excellent communication skills, and knowledge of healthcare contracting. 4. **What are the main responsibilities of a Sr. Contracting Specialist?** * Data extraction and analysis, revenue monitoring, report presentation, consulting services, and contract negotiation. 5. **What is the salary range for this position?** * The estimated salary range is $75,000 to $110,000 per year, depending on experience and qualifications. 6. **What benefits does WVU Medicine offer?** * WVU Medicine offers a comprehensive benefits package, including health insurance, paid time off, retirement plan, and tuition reimbursement. 7. **What is the work environment like at WVU Medicine?** * WVU Medicine is committed to creating a positive and supportive work environment that values teamwork, collaboration, and innovation. 8. **How can I apply for this position?** * Click the "Apply" button at the top of this page and complete the online application form. 9. **What opportunities are there for career advancement at WVU Medicine?** * WVU Medicine is committed to the growth of its employees and offers various opportunities for career advancement. 10. **Where is the Operations Support Center located?** * The Operations Support Center is located in Morgantown, West Virginia.