Position Overview:

As the Vice President of Managed Care Contracting & Financial Services, you will be responsible for the daily management and strategic direction of managed care contracting, and financial planning services. This critical role drives revenue optimization, fosters strong payer relationships, and ensures compliance while supporting UT Medical's ongoing commitment to quality, safety, and efficiency in a value-based care environment.

• This person must live in or around the Knoxville, Tennessee area, or be willing to relocate
• . Experience Requirements
• 10+ years of managed care, value-based care, healthcare administration, or payer relations experience required.
• 10+ years of healthcare commercial payer strategies, pricing, reimbursement, and healthcare cost analysis required.
• 5+ years of experience in leading high performing, multidisciplinary teams.
• Multispecialty practice operations experience required.
• Fee-for-service and value-based care contracting experience required
• Ability to develop relationships with high-level, decision-makers in the payer, third-party administrator, and specialty practice environments.
• Demonstrates the ability to influence people, cultivate relationships, and collaborate cross-functionally. Key Responsibilities Service & Efficiency / Effectiveness
• Develop and execute comprehensive contracting strategies while leading negotiations with managed care organizations and third-party payers to secure favorable terms and optimal reimbursement.
• Build and maintain strong payer relationships to support long-term growth, collaboration, and strategic alignment.
• Analyze and recommend participation in alternative payment models, monitor performance against financial and operational goals, and oversee payment audit processes including underpayment recovery and system-wide issue resolution in partnership with revenue cycle teams. Quality & Safety / Leadership
• Serve as a subject matter expert, providing guidance on complex managed care and financial issues while supporting performance improvement initiatives.
• Lead, mentor, and develop high-performing teams, fostering accountability, collaboration, alignment with organizational values, and driving key initiatives through visible, engaged leadership.
• Demonstrate sound decision-making, effective resource management, and proactive planning while designing and implementing strategies that align financial performance with clinical and operational priorities. Core Expectations
• Model dependability, punctuality, and exemplary safety practices (including hand hygiene, incident reporting, and respect for patient privacy).
• Ensure full compliance with all policies, procedures, and regulations.
• Maintain regular and reliable attendance as an essential function. Education Requirements
• Bachelor's Degree required; Master's in Business or Healthcare Administration preferred Qualifications & Competencies
• Demonstrated expertise in managed care contracting, negotiations and financial analysis within healthcare systems.
• Proven leadership in strategy development, team engagement, and performance optimization.
• Strong analytical, problem-solving, and communication skills with the ability to influence executive stakeholders.
• Commitment to quality, safety, efficiency, and service excellence.
• Knowledge of value-based care models, alternative payment strategies, and revenue cycle operations.
• Ability to meet physical requirements and foster a positive, collaborative work environment.

Benefits:

Dental insurance Employee discount Flexible spending account Health insurance Health savings account Life insurance Paid time off Retirement plan Vision insurance

Work Location:

In person