The Director of Payer Relations is responsible for developing and managing strategic relationships with national and regional health plans and other third-party payers
Job Summary
The Director of Payer Relations is responsible for developing and managing strategic relationships with national and regional health plans and other third-party payers.
This role ensures that Shockwave Medical’s products are positioned favorably with payers, networks, and reimbursement structures to maximize patient access and organizational revenue.
The anticipated base pay range for this position is $157,000.00 - $271,400.00.
Matching Summary
The Director of Payer Relations is responsible for developing and managing strategic relationships with national and regional health plans and other third-party payers.
Salary
Base: $157,000.00 - $271,400.00; Bonus/Equity: eligible for annual performance bonus and long-term incentive program; Benefits: vacation, sick time, holiday pay, work/personal/family time, parental leave, bereavement leave, caregiver leave, volunteer leave, military spouse time-off, pension, savings plan (401(k))
Skills & Requirements
Must-have
payer coverage and reimbursement strategies
clinical data and publication requirements
health economics and value proposition models
develop and maintain strong relationships with payers
monitor payer coverage policies
voice-of-customer feedback
Nice-to-have
commercial awareness
competitive landscape analysis
cross-functional collaboration
customer intelligence
health intelligence
market knowledge
Key Requirements
7–10 years healthcare coding, coverage, reimbursement experience
medical devices experience
Medicare and commercial payer policies and processes experience
developing coverage for emerging technologies experience
influencing payer policies experience
reimbursement principles across various healthcare settings experience