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Contract Administrator, Value Initiatives

Job in Broadway, Rockingham County, Virginia, 22815, USA
Listing for: 100 Albany Med Health System
Full Time position
Listed on 2026-09-12
Job specializations:
  • Business
Salary/Wage Range or Industry Benchmark: 77075 USD Yearly USD 77075.00 YEAR
Job Description & How to Apply Below

Department/Unit:
Integrated Delivery Systems

Work Shift:

Day (United States of America) Salary Range: $77,075.00 - $

The Contract Administrator, System Value Based Initiatives (“Contract Administrator SVBI”) makes data-supported recommendations, supports the development of AMC/IDS AMHS contracting strategies, and, as assigned, negotiations/negotiates with established and new payers, both commercial and governmental. Support functions include but are not limited to economic and risk assessments in collaboration with Corporate System Finance and ensuring implementation and operational performance of such contracts, consistent with the negotiated terms.

The Contract Administrator prepares contract proposals for internal review and consideration, prepares for and conducts meetings/negotiations, presentations, and other organizational functions as assigned. The Contract Administrator maintains strong relationships working collaboratively across AMC/IDSAMHS and payer organizations. This includes but is not limited to coordinating operational input across all applicable internal System departments including Practice and Hospital Administration, Billing, Finance, Information Systems, Utilization Management, Quality, Credentialing, Managed Care Organizations, payer, and other related internal and external entities.

For each AMC/IDSAMHS contract portfolio the Contract Administrator assists with the development of reporting instruments including but not limited to contract performance parameters and/or profit/loss comparisons by service. The Contract Administrator works collaboratively within the Department to develop payer profiles to include but not limited to membership, market share, financials, products and volumes at AMC/IDSAMHS. This office is located at 43 New Scotland Albany New York.

However, this position will be required to travel to our affiliate locations for scheduled meetings which include:
The Saratoga Hospital, Glens Falls Hospital, Columbia Memorial Hospital.

Essential Duties

The Contract Administrator, System Value Based Initiatives meets with representatives of payers, managed care organizations and other agencies to assist in the evaluation of current contracts or development of new contracting opportunities, with focus on value based payment, to include those under Federal and NYS reform for AMHS. Reviews proposals and makes data informed recommendations for internal consideration in preparation for negotiations.

In conjunction with the Director or at the direction of VP for Payer Contracting negotiates contract parameters and methodologies and prepares/presents proposals representing AMHS’s position. Works cross functionally across AMHS to evaluate and develop such proposals identifying opportunities and risks. Presents such opportunities and risks as directed. Collaborates with the Legal, Quality, and Compliance Department and other departments across AMHS to ensure compliance and implementation capabilities.

Works cross functionally across AMHS to review terms and performance of each established contract portfolio; makes data informed recommendations for methodology changes including but not limited to those related to value based payment identifying opportunities and risks. Mediates contract disputes to resolution and ensures compliance (both internally and externally) with contract provisions. Monitors contract renewal dates to ensure appropriate review is conducted.

Coordinates with Finance and others to ensure timely/applicable contract analyses. Reviews for risks and works collaboratively with Financial Reporting to ensure appropriate modeling. Understands all modeling parameters and reports on such. Responsible for contract education to various System-wide…

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