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VP Market Executive - SEPA/DE

Highmark Health
Wilmington, United Statesfull_timeVerifiedPosted 26 Sept 2024

About the role

Company :

Highmark Health

Job Description : 

JOB SUMMARY

The Market Executive is responsible for the leading the delivery system-related performance and strategies in their responsible market(s). This includes overseeing provider partnerships and developing and executing on strategic and operational plans related to the provider network, delivery of care, population health management and cost of care, and growth objectives for the market. This role will work in close partnership with the SVP of Markets to establish strategies in the market that support growth and financial objectives for the various insurance segments sold. The Market Executive will work closely with respective Highmark segment (e.g., Government, commercial) leaders to understand the performance and network needs in the market and coordinate the strategy development and building the networks to deliver that performance across key metrics including quality, risk revenue, affordability, access, customer and clinician experience, and equity. The Market Executive is a key driver of transformational change, including the market’s financial and operational performance, as well as organizational culture, talent, and leadership. As such, this role will be a face to the provider community and will need to have experience working in leadership roles inside delivery system entities as well as the ability to influence and work highly collaboratively with both internal and external executives.

ESSENTIAL RESPONSIBILITIES

  • Lead the delivery of key financial and operating targets in the responsible market(s), with a dedicated commitment to optimize revenues, maintain cost effective operations, and provide continuous performance improvement. Accountable for meeting targets in areas of Risk Revenue, Quality/stars, affordability, reimbursement/contracting trend, network alignment. 
  • Alongside the segment partners, ensure coordination of all market-performance related levers to meet quality, experience, and affordability goals.
  • Lead the development and implementation of a holistic market approach which includes market strategy and structure, retention and profitability, partnership growth, and development of accountability frameworks grounded in KPIs.
  • Actively lead the transformational strategies with the strategic partners in the market, pulling on the others in the organization for delivery. This includes strategies such as: value-based and alternative payment models, and MLR and risk models to ensure appropriate program results; growth-related levers including care alignment, attributed membership and wallet share; care model improvements where appropriate; solutions to improve member’s health and lower cost of care; new business and legal structures and / or collaboration models to further economic ties; and, provider administration simplification techniques to create efficiency between payor and provider.
  • Engage physician and system leadership to create a culture of alignment and further develop and drive an effective clinical integration strategy, which positions Highmark Health and the provider partner systems as the preeminent brand in the market. Work with physician aggregators to ensure appropriate structures and effective physician management of populations resultant in economic returns associated with that management and lower cost of care for members.
  • Attract, retain, and develop top talent, focusing on succession planning and the cultivation of a best-in-class team. Cultivate an organizational culture that drives workforce engagement focused on innovation, learning, and continuous improvement.
  • Oversee the full relationships with all parts of the delivery system, including guiding contract negotiations and handling operational issues.  Responsible for ensuring that provider relationship goals are set and met every year. Working with data and analytic teams, identify opportunities for improvement in KPIs not meeting expectations as well as trends emerging in the market requiring actions.  Trend may include increases in utilization, total care costs, potential new asset development, or other provider site of care changes.
  • Along with Data and Analytics, work in partnership with segment leads and with health plan partners to identify mutual synergies to address profitability resulting from cost reduction strategies in PMPM including its drivers in disease-based management, care management, utilization management, and risk coding opportunities as well as pharmacy strategies.
  • Represent Highmark t

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Company

Highmark Health

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