Director, Reimbursement & Payor Policy
Company: Novocure Inc
Location: Baltimore
Posted on: April 30, 2024
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Job Description:
Description:
The Director, Reimbursement & Payor Policy will lead the
development and execution of coverage and reimbursement strategies
for Novocure's products, with a focus on commercial payers. This
role will focus on enhancing Novocure's market access by driving
engagement with large and regional commercial payers and
contributing to pricing strategy. The Director will work under the
Senior Director, Health Policy & Reimbursement, and collaborate
with cross functional teams to drive Novocure's coverage strategy
and execution.
This is a full-time, exempt position, remote reporting to Senior
Director, Health Policy & Reimbursement ad tied to the
Chesterbrook, Pennsylvania office.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Develop and implement strategies to enhance coverage and
reimbursement of Novocure's products in commercial insurance
plans.
Work closely with the Payer Contracting, Medical, Commercial, and
Revenue Operations teams to align on and execute coverage and
pricing strategies, ensuring consistent and comprehensive market
access for Novocure's products.
Monitor and analyze health policy developments, with a focus on
those affecting commercial insurance, including Medicare Advantage.
Develop and advocate for policies that support the inclusion and
reimbursement of Novocure's products, especially in commercial
plans.
Establish and maintain relationships with key commercial payors,
industry groups, and other stakeholders to support Novocure's
market access and reimbursement goals.
Collaborate with global value, clinical, and research teams to
generate and present data supporting the value proposition of
Novocure's products to commercial payors.
Employ strong project management skills by prioritizing and leading
multiple tasks concurrently
Assist in the analysis and response to regulatory and payment
proposals, including those from CMS and other relevant
agencies.
Collaborate with US Government Affairs team to identify and develop
policy priorities related to commercial market access.
QUALIFICATIONS/KNOWLEDGE:
Bachelor's Degree required; advanced degree in Health Policy,
Business, or related field preferred.
Minimum of 10 years of experience in health policy, market access,
and reimbursement, including comprehensive knowledge of commercial
payment systems and the healthcare regulatory environment.
Experience working at a medical device (preferred) or
pharmaceutical company.
Proven track record in managing complex payer relationships.
In-depth understanding of the commercial healthcare market,
insurance operations, policy implications, and the coding,
coverage, and reimbursement processes for medical devices or
pharmaceuticals.
Strong leadership, strategic thinking, and project management
skills, capable of leading cross-functional initiatives.
Excellent communication, negotiation, and interpersonal skills,
with the ability to influence and advocate for policy positions to
a variety of stakeholders.
Ability to address customer concerns effectively and work
collaboratively with external and internal stakeholders.
Comprehensive knowledge of customer relations, product promotion,
and the ability to interpret complex information and provide
analysis to stakeholders.
Ability to work independently and perform timely follow-ups.
Proficiency in Microsoft Office products.
Knowledge of Protected Health Information and HIPAA Privacy and
Security guidelines preferred.
This position is crucial for ensuring that Novocure's innovative
therapies are accessible to patients, contributing significantly to
the company's mission and success in the healthcare landscape.
OTHER:
Up to 25% travel
Ability to lift up to 20 pounds
Novocure is an Equal Opportunity Employer, including
Veterans/Disabled.
ABOUT NOVOCURE:
Our vision
Patient-forward: aspiring to make a difference in cancer.
Our patient-forward mission
Together with our patients, we strive to extend survival in some of
the most aggressive forms of cancer by developing and
commercializing our innovative therapy.
Our patient-forward values
- innovation
- focus
- drive
- courage
- trust
- empathy
Equal Opportunity Employer, including disability/veterans.
#LI-BH1
#LI-REMOTE
Keywords: Novocure Inc, Montgomery Village , Director, Reimbursement & Payor Policy, Executive , Baltimore, Maryland
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