Job Description
The Director of Managed Care Contracting is a key leadership role responsible for negotiating and managing payor agreements for Akumin and its affiliated entities. Reporting to the VP of Managed Care, this individual oversees all aspects of managed care, including contract negotiations, implementation, provider enrollment, and ongoing management of agreements with commercial, Medicare, Medicaid, and other third-party payors. This role is critical to driving revenue growth, optimizing reimbursement, and expanding network participation across existing and new markets. Specific duties include, but are not limited to: Develop financial models and implement reimbursement strategies, including value-based and alternative payment models. Identify and execute opportunities to expand in-network participation and improve market positioning. Lead negotiations with local and national commercial, Medicare Advantage, Medicaid, and other third-party payors Oversee the full lifecycle of managed care contracts, including implementation, monitoring, and optimization. Review, analyze, and negotiate contract language, reimbursement methodologies, and key terms. Analyze data and trends to identify risks and opportunities related to reimbursement and payor performance. Lead cross-functional collaboration across Revenue Cycle, Finance, Legal, Compliance, and Operations. Build and maintain strong relationships with payors and support the development of strategic partnerships and programs to drive growth and patient access. Develop and standardize enrollment processes, workflows, and performance metrics. Ensure timely and accurate submission, tracking, and approval of provider and facility enrollments with commercial and government payors. Monitor enrollment status and proactively address delays, revalidations, and terminations to minimize revenue disruption. Partner with credentialing and revenue cycle teams to resolve enrollment-related issues impacting billing and reimbursement Stay informed on regulatory changes, reimbursement trends, and industry developments. Position Requirements: Bachelor's Degree or equivalent experience required; Master's Degree preferred. 7β10+ years of progressive managed care contracting and enrollment experience Demonstrated success in payor negotiations and driving financial performance Strong understanding of Medicare, Medicaid, commercial contracting, and enrollment processes Excellent negotiation, communication, and relationship management abilities Proven ability to lead cross-functional initiatives and influence stakeholders Core Competencies Strategic Thinking with a Results-Oriented Mindset Financial Acumen and Analytical Skills Negotiation and Influence Relationship Management Leadership and Cross-Functional Collaboration Preferred Requirements: Radiology, imaging, radiation oncology or outpatient healthcare experience Value-based care and alternative payment model experience Multi-state or national contracting, credentialing, and enrollment experience Physical Requirements: Standard office environment. More than 50% of the time: Sit, stand, and walk. Repetitive movement of hands, arms and legs. See, speak and hear to be able to communicate with patients. Less than 50% of the time: Stoop, kneel or crawl. Climb and balance. Carry and lift 10-20 pounds Akumin Operating Corp. and its divisions are an equal opportunity employer and we believe in strength through diversity. All qualified applicants will receive consideration for employment without regard to, among other things, age, race, religion, color, national origin, sex, sexual orientation, gender identity & expression, status as a protected veteran, or disability.