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Senior Payor Strategy Specialist
Bicycle HealthSenior payor strategist expanding sustainable contracts for Bicycle Health, a telemedicine provider treating opioid use disorder. Negotiating value-based agreements and managing strategic healthcare accounts.
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in payor strategy formulation, contract negotiation, and relationship management to drive sales goals and maximize revenue. Proficient in financial modeling and value-based pricing strategies within the payor sector.
Highest-signal resume keywords
Payor Strategy DevelopmentContract NegotiationValue-Based Care ExperienceRevenue Cycle ManagementSales Forecasting
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Financial ModelingContract ImplementationSales DocumentationPayout Contract ManagementNegotiation Skills
Soft Skills
Strong CommunicationCreative Problem-SolvingCollaborationGoal-OrientedAttention to Detail
Tools & Technologies
CRM SoftwareSales Support Applications
Industry Keywords
Payor SectorValue-Based PricingRegional PayorsBusiness DevelopmentContract Revisions
About the role
Key responsibilities & impact- Formulate and execute comprehensive payor strategies and business plans to drive departmental sales goals.
- Manage the end-to-end lifecycle of complex payout contracts, letters of agreement, and contract revisions, including initiating, negotiating, renegotiating, and executing them.
- Establish, scale, and nurture regional and strategic account relationships at multiple levels with partners.
- Communicate Bicycle Health’s unique value proposition to the market.
- Use financial modeling to assess payor rate sustainability and proposed rates for new accounts or rate changes.
- Contract with new partners and negotiate sustainable rate schedules, implementing bundled or value-based pricing strategies when possible.
- Ensure contract language aligns with Bicycle Health’s interests.
- Implement payor contracts to maximize potential revenue and pull-through opportunities.
- Expand existing relationships by renegotiating rates, introducing value-based models, and expanding go-to-market efforts.
- Complete designated profiles and documentation for new deals.
- Document progress in sales support applications and communicate consistently regarding sales forecasting.
- Serve as a subject matter expert on payor contract implementation and strategic account management.
- Partner with Revenue Cycle Management, Licensing and Credentialing, Compliance, Marketing, Operations, Enrollment, and other stakeholders to ensure contract alignment and execution.
- Maintain regular and predictable attendance.
- Perform other duties as assigned.
Requirements
What you’ll need- Bachelor’s degree preferred
- 5+ years of business development experience in the payor sector; value-based care experience is a plus
- 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 communication and creative problem-solving abilities
- Highly collaborative, goal-oriented, and confident team player
- Ability to receive feedback and improve skill sets in a fluid and changing environment
- Self-starter able to work autonomously, escalate appropriately, and operate comfortably with ambiguity
- Skilled in documentation and familiar with CRM use; strong attention to detail
- Ability to manage multiple tasks simultaneously and effectively
- Prioritization skills to meet long- and short-term goals
- Consistent access to a private work environment with high-speed internet, professional surroundings for frequent video conferencing, and a workstation suitable for remote work
Benefits
Comp & perks- 3 Weeks PTO + 8.5 days of additional sick time + 10 paid holidays
- Paid parental leave
- 100% Employer Paid Medical, Dental, and Vision Insurance
- Employer Paid STD & LTD
- 401k
- $50 monthly Remote Work Stipend