Millennium Health ยท 1 month ago
Director of Market Access Operations
Millennium Health LLC is an accredited specialty laboratory with over a decade of experience in medication monitoring and drug testing services. The Director of Market Access Operations will manage contractual relationships and financial achievements with payers, analyze existing and prospective payer relationships, and support revenue improvement and growth.
BiotechnologyHealth CareLife ScienceMedical
Responsibilities
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
Willingness to participate in basic management needs of the department (e.g., state payer lists, redirection curation, contract reviews, etc.)
Support development of strategy and prioritization for managed care contracting in collaboration with the Senior Director and the 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
Analysis and support of contracted in-network reimbursement rates for Millennium Health, and identify and pursue opportunities to improve rates that are below market
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
Partner with all cross-functional stakeholders to align on priorities and resourcing for business objectives across all areas of the enterprise
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 cyber security controls are always adhered to
Regular and reliable attendance
Qualification
Required
Participating in the management of company's goals for contractual relationships and financial achievements with payers
Analyzing and assessing existing and prospective payer relationships, needs, and development
Monitoring contract performance process to quantify the profitability of Managed Care programs
Developing strategies and tactics for remediation of underperforming contracts
Working with contracted insurers, sales leadership, and marketing to manage and implement successful redirection and other collaborative pull-through-related programs
Participating in basic management needs of the department (e.g., state payer lists, redirection curation, contract reviews, etc.)
Supporting development of strategy and prioritization for managed care contracting
Assisting the contract development process from insurer contract proposals through final approval
Establishing collaborative working relationships with sales leadership and their teams
Analyzing and supporting contracted in-network reimbursement rates for Millennium Health
Collaborating closely with Millennium Health functional leadership, contracting Consultants, finance team, billing department, analytics executives, legal counsel, and key customers
Managing existing insurer contracts to ensure continuity, successful renewal, and renegotiation of fee schedules
Supporting the Market Access team through engagement in policy and advocacy-related work
Conducting basic financial analyses to inform strategies and prioritization
Developing internal and external partnerships to enable funding, reimbursement, and access
Partnering with all cross-functional stakeholders to align on priorities and resourcing for business objectives
Thinking strategically regarding the value of Market Access for Millennium
Ensuring HIPAA, Confidentiality, and Compliance policies, procedures, and standards are always adhered to
Ensuring administrative, physical, and technical cyber security controls are always adhered to
Regular and reliable attendance
Company
Millennium Health
Millennium Health is an accredited specialty laboratory.
Funding
Current Stage
Late StageTotal Funding
unknown2010-11-10Private Equity
Leadership Team
Recent News
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