Director of Market Access at Millennium Health

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Feb, 26

Salary

195000.0

Posted On

18 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Market Access, Contract Management, Negotiation, Relationship Development, Financial Analysis, Strategic Thinking, Communication Skills, Analytical Skills, Influencing Skills, Presentation Skills, Sales Leadership, Compliance, Healthcare Policy, Data Analysis, Team Collaboration, Problem Solving

Industry

Medical and Diagnostic Laboratories

Description

Millennium Health LLC is an accredited specialty laboratory with more than a decade of experience in medication monitoring and drug testing services, helping clinicians monitor use and misuse of prescription medications and illicit drugs. The testing is used by healthcare professionals to obtain objective information about patients’ recent use of prescription medications and/or illicit drugs and helps monitor the effectiveness of treatment plans. The Director of Market Access is responsible for participating in the management of company goals for contractual relationships and financial achievements with payers (insurers, managed care organizations, medical groups, federal, state, and local governmental entities, and other third-party payer-related entities). The role will analyze and assess existing and prospective payer relationships relationship needs and development to support evidence-based decision-making and optimal revenue improvement and growth. Support development of strategy and prioritization for managed care contracting in collaboration with Senior Director and Senior Vice President of Market Access Assist the contract development process from insurer contract proposals through final approval including deal structure, analysis, forecasting and reporting of contract profitability Establish collaborative working relationship with sales leadership and their teams to inform and guide market access strategies, key target identification, and optimal opportunities for synergistic value creation Maintain competitive, contracted in-network reimbursement rates for Millennium Health and identify and pursue opportunities to improve rates that are below market Identify and pursue opportunities with contracted accounts to expand into additional business lines offered by the payer Develop and expand Millennium Health’s relationships across contracted payer functions, including executive leadership, medical policy, contracting, risk management, compliance, etc. Demonstrate ability to personally maintain relationships with, and influence, key payer decision makers Leverage payer relationships to support Millennium Health objectives, including audit prevention and defense, exploration of Millennium Health data program(s) partnering, and other strategic initiatives to enhance Millennium Health’s value to the payer and to the company’s business Collaborate closely with Millennium Health functional leadership, contracting Consultants, finance team, billing department, analytics executives, legal counsel and key customers Manage existing insurer contracts to ensure continuity, successful renewal and renegotiate fee schedules where appropriate to achieve revenue optimization. Capable of supporting the Market Access team through engagement in policy and advocacy-related work (e.g., ACLA, CCLA, CAHP, MGMA) Capability in conducting basic financial analyses to inform strategies and prioritization Develop internal and external partnerships to enable funding, reimbursement and access, which can include guidelines, innovative financing or payment models, and public health programs Monitor contract performance process to quantify the profitability of Managed Care programs and help develop strategies and tactics for remediation of underperforming contracts, working directly with the Senior Director of Market Access Work with contracted insurers, sales leadership, and marketing to manage and implement successful redirection and other collaborative pull-through-related programs Partner with all cross-functional stakeholders to align on priorities and resourcing for business objectives across all areas of the enterprise Willingness to participate in basic management needs of the department (e.g., state payer lists, redirection curation, contract reviews, etc.) Ability to think strategically regarding the value of Market Access for Millennium and advancement and advocacy of the purpose and value of drug testing itself Ability to ensure HIPAA, Confidentiality and Compliance policies, procedures, and standards are always adhered to. Ability to ensure administrative, physical and technical cybersecurity controls are always adhered to. Regular and reliable attendance EDUCATION Bachelor’s Degree in Business, Science or related field required Master’s Degree encouraged EXPERIENCE Five years of progressive leadership experience in Market Access contracting, policy development or similar responsibility with a health services, device, or pharmaceutical company; related laboratory experience preferred Significant personal experience of successfully selling/advocating directly to payer organizations and influencing payer decision makers Documented experience in managing the negotiation process for contracts and/or contract maintenance with major health insurance companies SKILLS/KNOWLEDGE/ABILITIES Excellent communication, inter-personal and negotiation skills Networking and relationship development skills Strong analytical, quantitative, and qualitative analysis skills required Ability to influence without authority Existing network of payer relationships Blend of strategic and tactical skills Demonstrated consistent follow-through and creative persistence with payer stakeholders Compelling presentation skills Strong computer software skills including in depth working knowledge of Microsoft Office applications Willingness and ability to travel extensively throughout the US and to MH corporate headquarters in San Diego Medical, Dental, Vision, Disability Insurance 401 (k) with Company Match Paid Time off and Holidays Tuition Assistance Behavioral and Health Care Resources Potential Hiring Range: Salary Range: $170,000 – 195,000 /yr. Salary offered is dependent on qualifications, experience, and geographical location. Millennium Health is an Equal Opportunity/Affirmative Action Employer and E-Verify participant. All qualified applicants will receive consideration for employment without regard to race, color, creed, sex, national origin, disability, gender identity, sexual orientation or protected veteran status. California Employee Privacy Notice - Millennium Health LLC

Responsibilities

The Director of Market Access is responsible for managing contractual relationships and financial achievements with payers. This includes analyzing existing payer relationships and developing strategies for optimal revenue improvement and growth.