Managed Care Executive Remote_United States ID-10573
12Recognized by Forbes as one of America’s Best Employers For Diversity 2024 and once again named to FORTUNE® magazines list of the Worlds Most Admired Companies, Labcorp is seeking a dynamic Managed Care Executive to join our successful managed care team supporting the Mid-Atlantic area.
The ideal candidate will reside in NC, SC, VA, DC, or MD.
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Primary Responsibilities:
- Responsible for the development of new managed care relationships, as well as the retention and growth of existing regional managed care plans within the Mid-Atlantic area.
- Act as liaison for implementation of initiatives for national managed care organizations.
- Negotiate new agreements and manage existing agreements between Labcorp and its managed care organization clients. Provide oversight to ensure contractual deliverables and service levels are met. Negotiate as appropriate to arrive at cost-effective, client friendly solutions.
- Establish, build and maintain positive, professional relationships at all decision levels within managed care organizations.
- Reinforce our superiority as the national laboratory service and information leader in the healthcare industry.
- Demonstrate value-added solutions using a professional consultative approach.
- Work in conjunction with the Regional Managers of Business Development to identify additional new business opportunities.
- Assume responsibility and accountability for assigned managed care revenue retention. Provide input for service enhancement and new service innovation. Communicate and resolve issues, concerns and problems in a solution-oriented manner.
- Keep management and the sales team apprised of competitive activity within assigned region/accounts.
- Provide management with timely reporting as required and requested.
Required Qualifications:
- Undergraduate college degree
- Requires a valid drivers license along with a clean driving record. Must be able to travel within assigned territory.
- Knowledge/Skills/Abilities/Experience, required:
- Ability to increase productivity, plan penetration, and collaboration with the ACO, hospital and physician sales teams
- 3+ years, successful account management or sales experience in the healthcare industry specializing in Managed Care
- Proven experience collaborating with various internal stakeholders, such as Legal, Revenue Cycle Management, IT, Quality team.
- Strong understanding of managed care organizations and providers (i.e., health plans, contracting fees.)
- Experience in contract and financial negotiation
- Consultative sales experience calling on all levels within a managed care organization
- Demonstrate strong financial and contracting acumen
Preferred Qualifications:
- Graduate level degree
- 5+ years, successful account management or sales experience in the healthcare industry at the c-suite level specializing in managed care
- Proficient in MS Office - Excel (creating spreadsheets) and PowerPoint (creating sales presentations)
- Soft Skills: Strong written and verbal communication skills
- Detail-oriented
- Ability to build strong and positive business relationships
- Ability to motivate in a team setting
- Ability to exhibit strong time management, organizational and research skills