Labcorp · 7 hours ago
Managed Care Network Administrator
Labcorp is recognized as one of Forbes 2024 'America's Best Large Employers' and is seeking a Managed Care Network Administrator. The role involves reviewing and managing various legal documents related to managed care agreements and ensuring compliance with legal and organizational standards.
BiotechnologyHealth CareHospitalLife ScienceMedicalPrecision Medicine
Responsibilities
Create and/or edit a document that is consistent with Managed Care Review Committee (MCRC) approval and the terms negotiated by the Managed Care Representative
Ensure the document has been reviewed and approved by Legal and all terms are approved or modified to meet legal approval
Maintain documents and update databases. Documents and associated work papers must be maintained for access and easy retrieval. Appropriate databases must be updated and maintained to include contracts management system and the Managed Care Contract Terms Worksheet
Assist the Managed Care Representative with defined tasks to meet the obligations of the Managed Care Agreements
Ensure that pricing terms have been submitted and received approval from the MCRC or its designee if required
Update the document to reflect MCRC pricing terms and, in coordination with the Managed Care Representative, be consistent with negotiated terms submitted on the Contract Term checklist
Provide necessary approvals for specific terms that are outliers with Labcorp standard policies or practices, filed into the contract management system
Forward agreements requiring Law Department approval to the Law Department after reviewing and redlining proposed changes to the documents
Ensure that changes/corrections are made prior to document execution
Ensure that the contract is signed by an authorized representative of Labcorp and for ensuring that a fully executed original is returned
Maintain all managed care documents in a way they can be produced upon limited notice
Keep and maintain all agreements and supporting documentation including correspondence concerning negotiations and necessary approvals within the contract management system record
Update the Managed Care Contract Terms Worksheet with the final terms and pricing
Assist Managed Care Reps to perform required tasks such as PSC and financial reporting
Qualification
Required
Associate's degree required
3+ years managing legal contracts
Basic understanding of Managed Care and contract terms or Paralegal experience
Knowledge of Access, Word, and Excel
Basic understanding of state and federal insurance laws/regulations
Ability to draft legal language
Preferred
Bachelor's degree preferred
Benefits
Medical
Dental
Vision
Life
STD/LTD
401(k)
Paid Time Off (PTO) or Flexible Time Off (FTO)
Tuition Reimbursement
Employee Stock Purchase Plan
Company
Labcorp
Labcorp specializes in providing physicians with laboratory tests.
H1B Sponsorship
Labcorp has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2021 (1)
Funding
Current Stage
Public CompanyTotal Funding
$2.85B2024-09-16Post Ipo Debt· $2B
2019-06-04Post Ipo Debt· $850M
1988-07-15IPO
Leadership Team
Recent News
2026-01-22
2026-01-14
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