La Rae R. Banks, Drph, Mba-Hm

La Rae R. Banks, Drph, Mba-Hm Email and Phone Number

Managed Care Expert Leader @ Indiana University Indianapolis
Walnut Creek, CA, US
La Rae R. Banks, Drph, Mba-Hm's Location
Walnut Creek, California, United States, United States
About La Rae R. Banks, Drph, Mba-Hm

Public Health Doctor & well-rounded Managed Care Expert passionate about simplifying the healthcare system so people can live their best healthy lives.

La Rae R. Banks, Drph, Mba-Hm's Current Company Details
Indiana University Indianapolis

Indiana University Indianapolis

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Managed Care Expert Leader
Walnut Creek, CA, US
La Rae R. Banks, Drph, Mba-Hm Work Experience Details
  • Indiana University Indianapolis
    Indiana University Indianapolis
    Walnut Creek, Ca, Us
  • Contra Costa Health
    Director Of Compliance & Government Relations
    Contra Costa Health 2023 - 2023
    Martinez, California, Us
    • Established the Compliance Department to ensure compliance with CMS, DHCS, & DMHC regulations.• Led strategic direction for committee governance, policy governance, and regulatory implementations.• Developed new workflows and secured new systems to enhance operational efficiency.
  • Partnership Healthplan Of California
    Director Of Grievance & Appeals
    Partnership Healthplan Of California Jul 2018 - Jul 2022
    Fairfield, Ca, Us
    • Transformed operations, technology, training, policy & procedures resulting in zero audit errors for DHCS & NCQA audits• Directed system-wide improvements via change management efforts to improve CAHPS survey results, health outcomes, & benefit administration• Served as a Chair & key speaker on various quality committees & PHC Board Meeting
  • Anthem, Inc.
    Tpa Service Director
    Anthem, Inc. Aug 2014 - May 2017
    Indianapolis, Indiana, Us
    • Led growth strategy for California TPAs, ensuring revenue targets were met.• Negotiated contractual agreements with new TPAs to drive business growth.• Represented TPA Product across enterprise• Developed retention strategies & trained Account Executives
  • Anthem, Inc.
    Account Management Executive Advisor
    Anthem, Inc. Jul 2013 - Aug 2014
    Indianapolis, Indiana, Us
    Represented the Chief Information Office (CIO). Established positive relations and leadership guidance to 14 state Plan Presidents, Large Group Sales, and Account Management executives regarding emerging technologies, new product recommendations, contract negotiations, and client strategies. Ensured Anthem’s IT capabilities were well represented in RFP/RFR bidding process to secure and retain business. Provided leadership across the enterprise to ensure that IT successfully delivered products and services, mitigating risks on enterprise-wide initiatives. Successfully secured implementation of private exchanges and 200K life employer group.
  • Health Net
    Account Executive
    Health Net Feb 2008 - May 2013
    Woodland Hills, California, Us
    Overall responsibility for client satisfaction, renewal negotiations, mergers & acquisitions, service, growth, and strategic relationships for a Book of Business (BOB). Create unique strategies with brokerage firms to ensure successful renewal negotiations. Cross-sell ancillary products on existing business. Customize service solutions to large brokerage firms creating trusted platforms to sale additional business. Provided leadership to account team to ensure excellent customer service to customers. BOB has been comprised of employer groups ranging from 51-120,000 lives. Manage $100M in revenue. Work with the top national brokerage firms/consulting houses.
  • Medimpact
    Account Executive
    Medimpact Feb 2006 - 2007
    San Diego, Ca, Us
    Overall responsibility for client satisfaction, contract negotiations, renewals, and contract compliance for a BOB. BOB comprised of Fortune 500 health plans, one national and 10 western-regional health plans. Accountable for all lines of business within each health plan. Responsibilities included P&L, client retention, and upsell goals. Increased revenue by 17% within the first 5 five months of BOB assignment, though creatively successful upsell opportunities and aggressive RFP efforts.
  • Wellpoint
    Director Of Pharmacy Operations
    Wellpoint 1996 - 2001
    Indianapolis, Indiana, Us
    Responsible for implementation of multi-million dollar cost saving initiatives, oversight of PBM’s service to WellPoint, and served as a pharmacy and medical benefit subject-matter-expert to sales, contracts, legal, and customer service. Managed formulary modifications, product development, pharmacy website, and compliance to all governing regulatory agencies. Key speaker on all operational activity for internal and external WellPoint health care and P&T committees
  • Wellpoint
    Client Manager
    Wellpoint 1996 - 1996
    Indianapolis, Indiana, Us
    Overall account management responsibility for large group, small group, Medicare, and state-sponsored programs for one Fortune 500 health plan with 5 million lives. Managed strategic relationship, accurate benefit administration, system enhancements, and PBM’s overall service to client.
  • Wellpoint
    It Project Manager
    Wellpoint 1990 - 1996
    Indianapolis, Indiana, Us
    Project Manager on multiple company-wide initiatives that improved the auto-adjudication rate for medical claims from 4% to 53%. Subject matter expert on all medical benefit designs within various products. Created test plans, business requirements, project work plans, issue logs. Responsible for medical benefit analysis and programming (M204, COBOL) on adjudication platform of new operating system.
  • Wellpoint
    Supervisor Of Operations
    Wellpoint 1984 - 1990
    Indianapolis, Indiana, Us
    Specialized in customer service, claim processing, and membership functions. Responsible for production of 21 team members in a multi-functionality call center environment. TraveledCalifornia giving Medicare presentations to 200+ attendees in senior community centers.

La Rae R. Banks, Drph, Mba-Hm Skills

Negotiation Sales Mergers Health Insurance Managed Care Pharmacy Benefit Management Employee Benefits Networking Account Management Employee Relations Healthcare Management Human Resources Medicare Claim Strategic Planning Strategy Mergers And Acquisitions Insurance Customer Retention Health Policy Contract Negotiation Program Management Process Improvement Benefits Administration Brokers Hipaa U.s. Health Insurance Portability And Accountability Act Business Process Improvement

La Rae R. Banks, Drph, Mba-Hm Education Details

  • Indiana University Indianapolis
    Indiana University Indianapolis
    Global Healthcare Leadership
  • Western Governors University
    Western Governors University
    Health/Health Care Administration/Management
  • Western Governors University
    Western Governors University
    Healthcare Management
  • California State University, Northridge
    California State University, Northridge
    Psychology
  • Los Angeles Pierce College
    Los Angeles Pierce College
    Liberal Arts

Frequently Asked Questions about La Rae R. Banks, Drph, Mba-Hm

What company does La Rae R. Banks, Drph, Mba-Hm work for?

La Rae R. Banks, Drph, Mba-Hm works for Indiana University Indianapolis

What is La Rae R. Banks, Drph, Mba-Hm's role at the current company?

La Rae R. Banks, Drph, Mba-Hm's current role is Managed Care Expert Leader.

What schools did La Rae R. Banks, Drph, Mba-Hm attend?

La Rae R. Banks, Drph, Mba-Hm attended Indiana University Indianapolis, Western Governors University, Western Governors University, California State University, Northridge, Los Angeles Pierce College.

What skills is La Rae R. Banks, Drph, Mba-Hm known for?

La Rae R. Banks, Drph, Mba-Hm has skills like Negotiation, Sales, Mergers, Health Insurance, Managed Care, Pharmacy Benefit Management, Employee Benefits, Networking, Account Management, Employee Relations, Healthcare, Management.

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