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Director – Payor Relations

Director – Payor Relations

CompanyTend
LocationNew York, NY, USA
Salary$150000 – $170000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Dental industry experience preferred, healthcare experience a must.
  • Bachelor’s degree in Business Administration, Healthcare Management, Finance, or a related field.
  • Minimum of 5-7 years of experience in a payor relations role.
  • Proven track record of successful contract negotiations, payor relationship management, and reimbursement strategy development within the dental sector.
  • Deep understanding of dental or medical insurance, reimbursement models.
  • Strong negotiation, communication, and interpersonal skills.

Responsibilities

  • Establish and maintain strategic relationships with key dental payors.
  • Lead the development of long-term strategic plans for Tend’s payor relations and overall growth.
  • Create innovative programs with payors to optimize overall reimbursement.
  • Identify and evaluate new business opportunities through payor partnerships and strategic collaborations.
  • Lead negotiations for new and renewal contracts with payors, ensuring favorable terms and competitive reimbursement rates.
  • Collaborate with legal, finance, and clinical teams to ensure contracts align with business goals and regulatory requirements.
  • Develop and implement reimbursement strategies that maximize revenue and minimize denials or delays.
  • Analyze payor performance data, including claims processing, reimbursement rates, and denial trends.
  • Ensure that all payor agreements comply with state and federal regulations, as well as industry standards and best practices.
  • Work closely with operations, billing, clinical, and marketing teams to ensure alignment of payor strategies with the overall business objectives.

Preferred Qualifications

  • Dental industry experience preferred.