
Director, Payer Strategy – Contracting
Cayaba Care
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $150,000 - $170,000 per year
Job Level
About the role
- Plan, develop, direct, coordinate and monitor all activities to successfully bring our product and services to new payers
- Navigate contract strategy, negotiations, and renegotiations to optimize partnership structure and success
- Manage contract negotiations with current and future Medicaid and commercial payers
- Own pricing model and reviewing of unit economics for each contract
- Leverage data to generate insights and identify new opportunities for payer partnership growth
- Collaborate with cross functional, internal stakeholders to deliver insights to inform product operations and strategy
- Evaluate current and potential new geographic areas for new business opportunities
- Oversee policy and regulatory environment and serve as an expert level resource related to business review of all contracts, amendments, and correspondence
- Collaborate with the Finance and Product teams to develop alternative payment models and ensure delivery of engagement and outcome based performance
- Identify opportunities for enhanced relationships, reimbursement, referrals, and a growing market presence
- Prepare forecasts and advise the Executive Leadership Team (ELT) on all matters concerning net revenues in the areas of Medicaid and commercial partnerships
- Drive sales to increase revenue growth with new (and renewed contracts) to expand Cayaba Care’s value-add to healthcare payer clients, and increase overall domain footprint
- Identify and capture add-on, new capability, and cross-sell opportunities to drive sales and revenue growth within the healthcare payer industry
- Work closely with the CEO to explore new sales opportunities and ensure a unified approach to payer partnership and contract management
- Develop and recommend payer pricing, contracting and operational strategies to optimize the long-term financial profitability of the company
- Work closely with the Finance team to evaluate, source, design, recommend, and monitor the execution and effectiveness of processes designed to ensure timely and accurate reimbursement from payers
Requirements
- Bachelor’s Degree in business, communications, health administration or a related field required
- MBA or equivalent
- 7+ years experience in healthcare payer strategy or consulting in payer contracting space
- Deep understanding and experience with developing and negotiating payer contracts, particularly for Medicaid MCOs; commercial payer experience is a plus
- Deep network and previously established relationships with Medicaid payers
- Experience with successful value-based contracting options for specialty services with Medicaid or commercial payers
- Excellent written and interpersonal communication skills including active listening, self-management and awareness, emotional intelligence, and a high degree of integrity and professionalism
- Proven financial acumen and ability to identify the impact of changes on budget goals and financial targets
- Experience facilitating buy-in and engagement across diverse stakeholder groups
- Ability to anticipate risks and mitigate effectively
- Proven experience selling to C-level executives nationally
- Proven record of exceeding sales quota
- Experience with Hubspot, Google Suite required
- Experience with Series A - Series C start-ups
- Ability to travel as needed (up to 30%) for meetings and conferences
- Experience in women’s health, pediatrics and specialty populations a plus.
Benefits
- Recharge with annual paid holidays off.
- Salaried (Exempt) Employees: Enjoy unlimited time off after the 90-day probation period.
- Full-Time (Non-exempt) Employees: Receive three weeks of paid time off after the 90-day probation period.
- Medical Insurance: Access top-tier healthcare, covering hospital, surgical, and prescription drug benefits. Coverage begins the first of the following month.
- Dental Insurance: Coverage for preventive care, as well as basic and major procedures.
- Vision Insurance: Coverage for routine eye exams and eyeglasses.
- Life Insurance: Financial protection for your beneficiaries.
- Disability Insurance: Short-term and long-term coverage in case of illness or injury.
- 401(k) Retirement Plan: Opportunity to save for the future.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
payer contractingcontract negotiationspricing model developmentdata analysisfinancial acumenvalue-based contractingsales strategyforecastingbusiness reviewstakeholder engagement
Soft Skills
interpersonal communicationactive listeningself-managementemotional intelligenceintegrityprofessionalismrisk anticipationmitigationbuy-in facilitationengagement
Certifications
Bachelor’s DegreeMBA