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Ocular Therapeutix

Hydrogel-based ocular drug delivery platform

Key Account Manager

Field SalesConfirmed live in the last 24 hours
Full-timeMinneapolis, MN, USA$165k - $172kIn-person

About the Job

Requirements

  • A bachelor's degree.
  • At least 3 years of experience selling in the pharmaceutical or medical field, with experience in at least one or more of ophthalmology or biologic products, buy-and-bill products, or surgical products.
  • Proficiency in reimbursement-related matters and willingness to handle them at the account level.
  • Ability to drive to customer offices and surgery centers within the assigned territory and a valid driver's license.
  • Ability to travel for work-related meetings and functions, including overnight and/or weekend travel.
  • A demonstrated top performer with supporting documentation.
  • Solid understanding of the ophthalmology market and strong relationships with surgeons.
  • Technical knowledge of health care reimbursement from a patient and provider perspective, including J codes, CPT codes, billing coding, and the appeals process.
  • Knowledge of the buy-and-bill process.
  • Knowledge of private payer, Medicare, and Medicaid structures and reimbursement processes.

Responsibilities

  • Promote approved products and help define the company as a leader within the ophthalmology community by developing, cultivating, and maintaining long-term relationships with ophthalmic surgeons and relevant personnel at physician practices, clinics, and ambulatory surgery center accounts.
  • Deliver clinical product training and help accounts understand and manage local payer reimbursement policies to facilitate patient and provider access and product adoption.
  • Interact with ophthalmic physicians, primarily surgeons, nurses, billing staff, administrators, financial personnel, and other relevant stakeholders within ambulatory surgery centers and hospital outpatient departments.
  • Work with the assigned Regional Director and Field Reimbursement Manager to develop a strategy and business plan that maximizes the opportunity in the territory.
  • Achieve territory sales by executing quarterly and annual marketing strategies, including delivering branded sales messages, executing planned programs such as in-surgery training, communicating quarterly rebates if applicable, scheduling and following up with medical educational programs, and supporting accounts with reimbursement and market access needs, including communicating the quarterly CMS drug reimbursable schedule.
  • Develop product and disease-state knowledge and educate and engage healthcare professionals in dialogue about clinical evidence, product efficacy, and safety profiles to support on-label prescribing.
  • Conduct in-surgery training sessions to ensure accounts use the product as directed.
  • Develop and maintain in-depth knowledge of the market, demographics, and market-access information relevant to the assigned sales territory.
  • Assist providers with reimbursement issues within core classes of trade, primarily Medicare Part B, Medicare Advantage, and regional Commercial Managed Care plans, as well as Medicaid fee-for-service and managed-care organizations, Veterans Administration VISNs, TRICARE regional offices, specialty pharmacies and pharmacy benefit managers, ACOs, IDNs, advocacy, consumer, provider, and treatment systems.
  • Set up and execute speaker programs and manage promotional budgets for those programs.
  • Attend local and regional meetings where target physicians are expected to attend.
  • Comply with applicable laws and regulations, company privacy and data guidelines, state and federal requirements, Sample Administration Agreements, and PDMA Guidelines.

Desired Qualifications

  • Highly preferred: experience in ophthalmology and/or biologic products, particularly injectable biologic products.
  • Experience with total-account calls focused on hospitals or ambulatory surgery centers and office sites of care.
  • Experience with provider-site reimbursement interactions, including practice management, practice billing, or revenue cycle.
  • Experience working with a reimbursement support hub.
  • Experience working with specialty pharmacies.
  • Practice management experience.
  • Launch experience.
  • Demonstrated teamwork abilities and high emotional intelligence in managing multiple business initiatives and cross-functional relationships.
  • Self-motivation, strong organizational and planning skills, and attention to detail and accuracy.
  • Self-motivation.
  • Interpersonal savvy.
  • Customer focus.
  • Business acumen, planning, and organization.
  • Driving for results.

About the Company

Ocular Therapeutix

Hydrogel-based ocular drug delivery platform

Ocular Therapeutix develops and commercializes eye therapies using a hydrogel-based drug-delivery platform. Its approach uses a biodegradable hydrogel that stays in the eye to release medicine over time, reducing the need for frequent eye drops or injections. The flagship product, DEXTENZA, is a corticosteroid insert placed by a physician after eye surgery to treat inflammation and pain, providing sustained local treatment. The company differentiates itself by offering a scalable platform that can be used to create a range of eye medications and devices for conditions such as glaucoma, retinal diseases (including wet AMD), and dry eye, rather than competing solely on one drug. Revenue comes from selling these products to physicians and surgical centers. The goal is to expand the hydrogel delivery platform into a broader pipeline of eye therapies to improve patient outcomes and adherence by delivering drugs where and when they are needed most.

Company size
201-500
Company stage
IPO
Headquarters
Bedford, MA
Founded
2006

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