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Bicycle Health

Senior Payor Strategy Specialist

RemoteUnited States only
Published
Role
Business Development
Experience
Senior
Employment
Full-time
$85k–$105k/yr
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Open to US only. Set where you work from to check your eligibility.

No BS summary

Senior business-development role for someone with 5+ yrs in the payor sector (Medicare, Medicaid, Commercial, Military, MCOs/ACOs). You will own payor contracts end-to-end — negotiating, renegotiating and scaling account relationships, ideally with value-based care experience. US-based remote position.

Required skills

CRMFinancial modeling

Optional skills

Value-based care experience

What you'll do

  • Formulate and execute comprehensive payor strategies and business plans to drive departmental sales goals.
  • End-to-end lifecycle — initiating, negotiating, renegotiating and executing complex payor contracts, letters of agreement and contract revisions, prioritized by claims volume, market trends and/or corporate leadership.
  • Establish, scale and nurture regional and strategic account relationships at multiple levels with the partner.
  • Maintain a strong focus on helping the market understand Bicycle Health's unique value proposition.
  • Utilize financial modeling to assess the sustainability of Payors rate structures and/or proposed rates for new accounts or account rate changes.
  • Contract with new partners and negotiate sustainable rate schedules implementing bundled or value-based pricing strategies whenever possible.
  • Ensure contract language is consistent with Bicycle Health's interests.
  • Implement Payor Contracts to maximize potential revenue and pull-through opportunities.
  • Expand upon existing relationships to increase the value of the account by renegotiating rates, introducing value-based models, and/or expanding go-to-market efforts.
  • Complete all designated profiles and documentation on new deals to be reviewed.
  • Document progress in sales support applications and communicate consistently regarding sales forecasting.
  • Become a subject matter expert regarding payor contract implementation and strategic account management for assigned accounts.
  • Partner with the internal team including Revenue Cycle Management, Licensing and Credentialing, Compliance, Marketing, Operations, Enrollment and all other stakeholders to ensure contract alignment and execution.

What they require

  • 5+ years of business development experience in the payor sector.
  • Existing relationships with, and experience selling value-based products/services to Regional Payors.
  • Ability to review contracts, respond with readiness, and negotiate win-win deals with Payors.
  • Prior experience working with Revenue Cycle Management teams and contract implementation.
  • Strong communicator who can proactively identify potential challenges and think creatively about solutions.
  • Team player that is highly collaborative, is a team player, goal-oriented, and confident.
  • Self-starter who thrives when given autonomy and is comfortable with ambiguity.
  • Skilled at documentation and familiar with use of a CRM, attention to detail.
  • Able to manage multiple tasks simultaneously and effectively; prioritization skills to meet long-term and short-term goals.
  • Bachelor's degree preferred.
  • Consistent access to a private work environment with high-speed internet and a workstation setup conducive to remote work.

Benefits

  • Discretionary PTO + 8.5 days of additional paid time + 10 paid holidays paid leave.
  • Paid parental leave.
  • 100% employer-paid medical, dental and vision insurance.
  • Employer Paid STD & LTD.
  • 401k.
  • $50 monthly Remote Work Stipend.

Bicycle Health is a telemedicine group that specializes in the evidence-based treatment of individuals with Opioid Use Disorder using buprenorphine. Its mission is to increase access to high quality, affordable, convenient and confidential Opioid Use Disorder treatment for all.

Healthcare
$85k–$105k/yr