Magnus Medical · 2 months ago
Payer Relations Manager
Magnus Medical is a neurotechnology company revolutionizing depression treatment through precision-guided brain stimulation. The Payer Relations Manager will be responsible for managing strategic relationships with payers and government agencies to enhance patient access to SAINT® therapy and influence reimbursement decisions.
Health CareHealth DiagnosticsMedicalNeuroscience
Responsibilities
Serve as the primary point of contact for assigned commercial and government payer accounts, including regional MCOs, national & federal plans, ACOs, and state Medicaid agencies
Lead discussions with payers to secure positive coverage determinations, pilot opportunities, or pathway inclusion for SAINT® therapy
Engage with key government agencies (Medicare Administrative Contractors, Medicaid departments, VA/DoD Community Care offices) to address access pathways and reimbursement alignment
Support development and submission of payer dossiers, coverage requests, and medical policy evidence summaries
Partner with the sales and field reimbursement teams to resolve payer access barriers at provider sites
Collaborate with internal and external stakeholders to align payer strategies across regions and inform national market access priorities
Provide payer insights and competitive intelligence to Market Access leadership to shape national coverage and policy strategies
Support commercialization and reimbursement readiness activities for SAINT® expansion
Coach physician and site partners on payer advocacy, prior authorization processes, and appeals pathways
Support development of payer-focused materials, training, and talking points for internal and external use
Build relationships with payer medical directors, behavioral health leaders, and influential stakeholders to promote awareness of SAINT®’s clinical and economic value
Monitor payer policy updates, competitive coverage shifts, and relevant state/federal reimbursement trends
Provide regular market intelligence reports to Market Access leadership
Track payer engagement metrics, coverage progress, and access outcomes for the assigned region
Qualification
Required
Bachelor's degree required
Minimum 5+ years of direct managed care, payer relations, and reimbursement experience in the medical device, digital health, or behavioral health industry
Proven track record in negotiating payer coverage or payment decisions for innovative therapies or technologies
Strong understanding of payer policy structures, coverage determination processes, and medical policy review frameworks
Working knowledge of U.S. healthcare reimbursement systems including Medicare, Medicaid, and commercial payer landscapes
Excellent communication, presentation, and relationship management skills
Ability to work collaboratively in a dynamic, cross-functional, early-stage environment
Preferred
MBA, MPH, or advanced degree
Familiarity with behavioral health, neuromodulation, or CNS-related access pathways
Benefits
May be eligible for quarterly bonus
Company
Magnus Medical
Magnus Medical develops a closed-loop neuromodulation technology to effectively treat intractable neurological and psychiatric disorders.
Funding
Current Stage
Growth StageTotal Funding
$88.99M2025-03-14Series Unknown· $63.99M
2021-10-28Series A· $25M
Recent News
2025-05-04
2025-02-09
Google Patent
2025-02-09
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