1. What is the average salary of a Provider Contracting Manager?
The average annual salary of Provider Contracting Manager is $113,016.
In case you are finding an easy salary calculator,
the average hourly pay of Provider Contracting Manager is $54;
the average weekly pay of Provider Contracting Manager is $2,173;
the average monthly pay of Provider Contracting Manager is $9,418.
2. Where can a Provider Contracting Manager earn the most?
A Provider Contracting Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Provider Contracting Manager earns the most in San Jose, CA, where the annual salary of a Provider Contracting Manager is $142,547.
3. What is the highest pay for Provider Contracting Manager?
The highest pay for Provider Contracting Manager is $136,650.
4. What is the lowest pay for Provider Contracting Manager?
The lowest pay for Provider Contracting Manager is $98,938.
5. What are the responsibilities of Provider Contracting Manager?
Manages contracting activities for a healthcare provider network. Oversees and monitors a contracts database system for a healthcare provider network to track, monitor, and record contract data. Assists in negotiating with facilities joining the health network and setting rates. Implements reporting standards to ensure consistent recording of contract data and ensure compliance with regulatory requirements. Analyzes various rate scenarios to forecast and evaluate rate setting strategies and identify trends. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
6. What are the skills of Provider Contracting Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Negotiating: Applying negotiation concepts and techniques in a dialogue between two or more parties to reach a win-win solution.
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Network Management: Network management is the process of administering and managing computer networks. Services provided by this discipline include fault analysis, performance management, provisioning of networks and maintaining the quality of service. Software that enables network administrators to perform their functions is called network management software.
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Revenue Recognition: The revenue recognition principle is a cornerstone of accrual accounting together with the matching principle. They both determine the accounting period in which revenues and expenses are recognized. According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred or services rendered), no matter when cash is received. In cash accounting – in contrast – revenues are recognized when cash is received no matter when goods or services are sold. Cash can be received in an earlier or later period than obligations are met (when goods or services are delivered) and related revenues are recognized that results in the following two types of accounts: Accrued revenue: Revenue is recognized before cash is received. Deferred revenue: Revenue is recognized after cash is received.Revenue realized during an accounting period is included in the income.