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Payment Innovation Director

Elevance Health

Company : Elevance Health

Location : Woodland Hills, CA

Posted Date : 28 October 2025

Job Type : Other

Category : Management

Occupation : Director

Job Details

Payment Innovation Director

This role requires associates to be in-office 3 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Alternate locations may be considered.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The Payment Innovation Director is responsible for Payment Innovation business solution research, design, development, and conceptualizing innovative payment solutions for healthcare providers thru provider collaboration and strategy, validating and framing the business requirements.

How you will make an impact:

  • Performs complex market and competitive analysis, engages provider technical and clinical teams and other cross functional teams, collects business requirements, creates Value Based Payment concepts, writes High Level Business Requirements documents, creates business case and ROI analysis.
  • Creates and initiates business solution development, works with other business partners to guide and support solution development, pilot and solution launch activities, and develops and strategic roadmaps that drive business solutions.
  • Develops and designs processes and systems that support business needs.
  • Leads special projects/initiatives.

Minimum Qualification:

  • Requires BA/BS in business or related field and a minimum of 7 years of experience in healthcare systems, and 5 years of experience in a strategy role; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences:

  • MBA, MPH, or similar Master's degree in Healthcare or Economics
  • Previous experience leading design and execution of Value Based Payment Models strongly preferred
  • Prior Payer experience

For candidates working in person or virtually in the below location(s), the salary* range for this specific position is $116,256 to $199,296.

Locations: Woodland Hills, CA; Denver, CO; District of Columbia (Washington, DC); Chicago, IL; Iselin, NJ; Hanover, MD; Mendota Heights, MN; Las Vegas, NV; New York City, NY; Seattle, WA.

In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws.

Job Level: Director Equivalent

Workshift: Not specified

Job Family: PND > Value Based Solutions

Elevance Health is an Equal Employment Opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, citizenship status, color, creed, disability, ethnicity, genetic information, gender (including gender identity and gender expression), marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other status or condition protected by applicable federal, state, or local laws.

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