[Hiring] Manager of Payor Contracting @SonderMind (all cities)
Apr 01, 2025 - SonderMind (all cities) is hiring a remote Manager of Payor Contracting. 💸 Salary: $120,000 - $135,000 per year. 📍Location: USA.
Role Description
As a dynamic and relationship-driven manager, you will develop, strengthen, and enhance SonderMind’s payor relationships nationwide, within an assigned region.
- Lead negotiations with payors and health plans, resulting in favorable reimbursement and contractual language terms.
- Proactively develop contract negotiation strategies that align with the financial objectives of SonderMind.
- Creative problem-solver and out-of-the-box thinker passionate about improving access and outcomes in mental health.
Essential Functions
- Strategically determine where SonderMind could strengthen its in-network participation with payors and engage with new payors to secure in-network agreements.
- Develop and analyze complex data sets for use with rate modeling, proposal preparation, and negotiations.
- Lead, develop and identify negotiation strategies to optimize partnership opportunities with key payors.
- Cultivate relationships, build partnerships and maintain strong communication with payors.
- Review and analyze contract language and reimbursement terms in existing and potential payor agreements.
- Collaborate with and support internal cross-functional teams, such as Revenue Cycle, Credentialing, Finance, and Legal.
- Investigate and understand payor market dynamics in different states to develop clear value propositions.
- Own the end-to-end negotiation and renegotiation process, including application process and operationalizing agreements.
- Other responsibilities and ad-hoc projects based on business needs.
What does success look like?
- Work independently and with the team to proactively identify and execute against strategic initiatives.
- Great communication and presentation skills to articulate meaningful messages.
- Highly motivated and able to overcome complex challenges and roadblocks.
- Thrive under pressure and comfortable working in a fast-paced, changing environment.
- Assertive and authoritative to deliver exceptional outcomes.
Who You Are
- Minimum BA/BS in Business Administration, Healthcare Administration or related degree.
- Minimum five years experience negotiating payor and/or provider agreements.
- Experience managing relationships and agreements.
- Knowledge of managed care regulations and laws related to health care, preferably in behavioral health.
- Experience with alternative payment models, such as Value Based Programs, Risk Arrangements, and Case Rates.
- Ability to work remotely and to travel to the corporate office and to payor visits or conferences.
- Strong negotiation and interpersonal skills: written, verbal, analytical.
- Motivated and influential – proactive with the ability to adhere to deadlines.
- Self-starter with the ability to multitask.
Benefits
- The anticipated salary rate for this role is between $120,000 - $135,000 per year.
- A commitment to fostering a flexible work environment.
- A generous (unlimited) PTO policy with a minimum of three weeks off per year.
- Free therapy coverage benefits to ensure our employees have access to the care they need.
- Competitive Medical, Dental, and Vision coverage with plans to meet every need.
- Employer-paid short-term, long-term disability, life & AD&D coverage.
- Eight weeks of paid Parental Leave.
- 401K retirement plan with 100% matching which immediately vests on up to 4% of base salary.
- Travel to Denver 1x a year for annual Shift gathering.
- Fourteen (14) company holidays.
- Company Shutdown between Christmas and New Years.
- Supplemental life insurance, pet insurance coverage, commuter benefits and more!
Application Deadline
This position will be an ongoing recruitment process and will be open until filled.
Equal Opportunity
SonderMind does not discriminate in employment opportunities or practices based on race, color, creed, sex, gender, gender identity or expression, pregnancy, childbirth or related medical conditions, religion, veteran and military status, marital status, registered domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, or any other characteristic protected by applicable federal, state, or local laws.
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| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
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Salary
💸
$120,000 - $135,000 per year
|
Remote
Location
USA
|
|
Job Type
full-time
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Posted
Apr 01, 2025
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| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
