Compensation Overview

About This Role

We are seeking an experienced and results-driven Director, Market Access and Payer Relations who will be primarily responsible for developing and implementing strategies to secure and optimize reimbursement for iRhythm Technologies portfolio of products. This role will work closely with Payers, health system leadership, and internal teams to drive revenue growth and ensure the financial viability of our cutting-edge healthcare technology.

Key Responsibilities:

• Payer Strategy: Develop and execute a comprehensive Payer reimbursement strategy that aligns with iRhythm’s business objectives in your defined geographical target area.
• Contract Negotiation: Lead negotiations with Payers to secure favorable reimbursement agreements for iRhythm services, ensuring that contracts are aligned with industry
• Relationship Building: Build and maintain strong relationships with key Payer stakeholders, health system administrators, and reimbursement decision-makers to promote iRhythm’s solutions and secure favorable coverage.
• Revenue Optimization: Monitor and assess reimbursement rates and payment policies, identifying opportunities for revenue optimization and advocating for appropriate reimbursement levels.
• Market Analysis: Stay informed about evolving Payer landscape trends, regulatory changes, and healthcare policies that may impact reimbursement, and adjust strategies
• Cross-Functional Collaboration: Collaborate closely with internal teams, including sales, marketing, and legal, to ensure alignment between Payer reimbursement strategies and overall business goals.
• Data Analysis: Utilize data analytics and financial modeling to evaluate the impact of reimbursement agreements on iRhythm’s financial performance and growth
• Compliance: Ensure that all Payer reimbursement activities comply with relevant healthcare laws, regulations, and industry standards.

Qualifications:

• Bachelor’s degree in healthcare management, business administration, or a related field (Master’s degree preferred).
• Proven track record of success in healthcare Payer reimbursement, with at least 10 years of experience in a leadership role focused on health systems.
• Deep knowledge of healthcare reimbursement processes, Payer policies, and revenue cycle management.
• Strong negotiation skills with a demonstrated ability to secure favorable reimbursement
• Experience with medical device reimbursement is required, IDTF knowledge is
• Exceptional interpersonal and communication skills, with the ability to build and maintain relationships with Payer executives and health system leaders.
• Analytical mindset with proficiency in data analysis and financial
• Experience working in a healthcare technology or AI-focused company is a
• Strategic thinking, problem-solving abilities, and the ability to adapt to a rapidly evolving healthcare landscape.
• Passion for healthcare innovation and a commitment to improving patient outcomes through technology.
• Must be able to travel about 15% of the time, to on-site meetings and conferences as

What’s In It For You

This is a regular full-time position with competitive compensation package, excellent benefits including medical, dental, and vision insurances (all of which start on your first day), health savings account employer contributions (when enrolled in high deductible medical plan), cafeteria plan pre-taxed benefits (FSA, dependent care FSA, commute reimbursement accounts), travel reimbursement for medical care, noncontributory basic life insurance & short/ long term disability. Additionally, we offer:

• emotional health support for you and your loved ones
• legal / financial / identity theft/ pet and child referral assistance
• paid parental leave, paid holidays, travel assistance for personal trips and PTO!

iRhythm also provides additional benefits including 401(k) (with company match), an Employee Stock Purchase Plan, pet insurance discount, unlimited amount of Linked In Learning classes and so much more! 

FLSA Status: Exempt

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