Vice President (VP) Executive Director
Company: ASSOCIATION FOR COMMUNITY AFFILIATED PLANS
Location: Washington
Posted on: October 31, 2024
Job Description:
The Vice President (VP) Executive Director is the visionary
leader responsible for the long-term success and sustainable growth
for MedStar's Maryland health plan. The incumbent requires a
passionate advocate for health equity, coupled with strategic
expertise in navigating the complexities of the Medicaid program
and leading the organization through dynamic regulatory and
healthcare environments. The VP Executive Director is accountable
for the day-to-day operations and profit and loss accountability of
MedStar Family Choice - Maryland. Responsible for integration of
the strategic plan of the organization. Manages the operational and
financial results of the health plan and provides executive
direction and leadership to management and associates. The ideal
candidate will champion the needs of our members while cultivating
strong partnerships with state officials, providers, and community
organizations.Primary Duties and Responsibilities
- Possess a deep understanding of the Medicaid program framework,
including eligibility criteria, financing models, provider network
management, and program regulations.
- Develops department goals, objectives, policies, and
procedures. Ensures compliance with business unit policies and
procedures and governmental and accreditation regulations.
- Oversee the financial health and sustainability of the Medicaid
health plan. Manage budgets, revenue projections, resource
allocation and ensure fiscal responsibility and compliance with
regulations. Develops and recommends department operating budget
and manages resources according to approved budget.
- Selects, trains, orients, and assigns department staff.
Develops standards of performance, evaluates performance, and
conducts performance management planning. Initiates or makes
recommendations for personnel actions. Maintains ongoing
communication with subordinates to review programs, provide
feedback, discuss new developments, and exchange information.
- This position involves leading a management team of direct
reports and shared services staff and managing within a matrix
environment. This position is accountable for all aspects of plan
operations, ensuring quality, cost-effectiveness, and a positive
member experience.
- Develops and contributes to the achievement of established
goals and objectives and adheres to MedStar Health, MedStar Family
Choice.
- Provides assistance and input to the medical expense economics
team charged with analyzing cost drivers and identifying and
implementing cost improvement plans where appropriate.
- Ensure strict adherence to all federal and Maryland state
Medicaid regulations, including data privacy and security measures.
Proactively monitor legislative changes and adapt strategies
accordingly. Provides leadership and maintains operations and
procedures to ensure MedStar Family Choice is in compliance with
its government contracts.
- Assists in the development of annual and long-range operating
and capital budgets and forecasts for MedStar Family Choice.
- In collaboration with the President of MedStar Family Choice,
develops, implements, and manages a strategic planning process that
results in a vision for MedStar Family Choice consistent with
MedStar Health's strategic plan, and defines the specific
operational strategies required to accomplish those organizational
goals and objectives.
- Serve as the principle point of contact and liaison between
MedStar Family Choice - Maryland and the Department of Health. In
collaboration with the Chief Finance Officer, serve as a liaison
with the Maryland Insurance Administration.
- Ensure exceptional member experiences and satisfaction. Lead
efforts to address member concerns, resolve issues promptly, and
provide accessible support resources.
- Responsible for representing or designating representative(s)
for MedStar Family Choice-Maryland at all meetings called by
Department of Health, MIA, and other agencies.
- Prepares and presents information concerning MedStar Family
Choice operational performance and strategies to the MedStar Family
Choice board of directors.
- Participates in meetings and on committees and represents the
Maryland health plan in community outreach efforts.Minimum
QualificationsEducation
- Bachelor's degree in Business Administration, Public Health,
Health Administration, or related field required.Experience
- 10+ years progressively responsible experience in healthcare
delivery systems or health plan in a senior role, ideally with a
managed care organization; successful experience with more than one
organization is preferred.
- Minimum of five (5) years in a senior leadership role within a
Medicaid organization required.Knowledge, Skills, and Abilities
- Proficient problem solving, including being able to identify
and resolve complex problems, such as developing innovative
solutions based on extensive knowledge of managed care.
- A broad understanding of information systems and programs and
the strategic and operational values they bring to healthcare
analytics and operations. Complete understanding of the financial,
operational, and regulatory processes of the Maryland/District of
Columbia Medicaid managed care program.
- Excellent verbal and written communication skills.This position
has a hiring range of $213,800 - $289,200.
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Keywords: ASSOCIATION FOR COMMUNITY AFFILIATED PLANS, Reston , Vice President (VP) Executive Director, Executive , Washington, Virginia
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