Payment Innovation Director ll Risk Contracting Salary in Bangor, ME

Payment Innovation Director II Risk Contracting - Average Salary $175,114

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Risk Contracting Strategy Director - Average Salary $205,234

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Innovation Director - Average Salary $208,370

Innovation Director advances the vision, strategy, and thinking methodologies used to innovate new products and services, introduce novel or disruptive ideas, improve existing processes, and create a culture of innovation within the company. Embraces an innovation strategy and defines and implements objectives and measures aligned with overall company goals that add value to stakeholders. Being an Innovation Director directs and champions innovation projects and oversees resources and budgets. Seeks out new opportunities with partners or alliances that support innovation efforts. Additionally, Innovation Director collaborates with internal teams and provides training resources to promote a culture of innovation that encourages and supports experimentation and rewards new ideas and ways of thinking. Requires a bachelor's degree. Typically reports to top management. The Innovation Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Innovation Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.

Innovation Manager - Average Salary $143,854

Innovation Manager advances the vision, strategy, and thinking methodologies used to innovate new products and services, introduce novel or disruptive ideas, improve existing processes, and create a culture of innovation within the company. Embraces an innovation strategy to define objectives and measures aligned with overall company goals that add value to stakeholders. Being an Innovation Manager implements innovation projects and oversees resources and budgets. Works with partners or alliances on initiatives that support innovation. Additionally, Innovation Manager collaborates with internal teams and provides training resources to promote a culture of innovation that encourages and supports experimentation and rewards new ideas and ways of thinking. Requires a bachelor's degree. Typically reports to a director. The Innovation Manager 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. To be an Innovation Manager 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.

Provider Contracting Director - Average Salary $173,310

Provider Contracting Director directs contracting activities for a healthcare provider network. Plans and develops a contracts database system for a healthcare provider network to track, monitor, and record contract data. Being a Provider Contracting Director analyzes industry trends and network needs and negotiates contract rates and terms with facilities joining the health network. Develops reporting standards to ensure consistent recording of contract data and ensure compliance with regulatory requirements. Additionally, Provider Contracting Director analyzes various rate scenarios to forecast and evaluate rate setting strategies, identify trends, and provide financial projections. Oversees the preparation, analysis, review, and projection of the financial impact of provider contracts and specific terms. Requires a bachelor's degree. Typically reports to senior management. The Provider Contracting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Provider Contracting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.