Director, Reimbursement & Payor Policy
Company: Novocure
Location: Richmond
Posted on: May 8, 2024
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, Chesapeake , Director, Reimbursement & Payor Policy, Executive , Richmond, Virginia
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