Full-Time

Vice President

Payor Strategy

Confirmed live in the last 24 hours

Bicycle Health

Bicycle Health

51-200 employees

Telehealth services for opioid use disorder

Consumer Software
Healthcare

Compensation Overview

$160k - $200kAnnually

+ Bonus

Senior

Remote in USA

Category
Strategy Development
Business Development
Business & Strategy
Required Skills
Lead Generation
Requirements
  • Bachelor’s Degree or equivalent years of experience.
  • 7-10 years of healthcare sales / business development experience (early stage company experience a plus), with a proven record of closing complex and innovative deals with health plans.
  • Must be able to travel domestically up to 4-5 days per month.
  • Excellent written and oral communication skills, organizational skills, and time management skills.
  • Strong attention to detail.
  • Experience with CRM systems.
  • Strong interpersonal communication skills with exceptional active listening and consultative selling abilities.
  • Highly empathetic, non-judgmental, and open-minded.
  • Experience in a collaborative team environment.
  • Mission driven and motivated to join an organization that will transform the way we deliver accessible, evidence-based, and clinically excellent care in the substance use disorder space.
  • Able to work across teams and functions, self-starter who quickly identifies what needs to be done and takes ownership.
  • Demonstrated success in selling, developing, and managing enterprise partnerships with regional and/or national payors, including experience selling to other value-based care organizations.
  • Experience in Bundled Payment / Value Based Contracting with payors, especially medicaid MCOs.
  • Knowledge of best practices and existing relationships at the large payors.
  • Able to synthesize claims data in partnership with relevant stakeholders and understanding of opportunities and value levers for savings.
  • Highly organized and process-oriented, with a proven track record of completed risk-based product solution sales and leading complex projects.
  • Deep knowledge of the US healthcare system, particularly experience with behavioral health, as well as a comprehensive understanding of the segments and workings of the payor industry.
  • Exceptional leadership skills with the ability to inspire and guide a team to achieve outstanding results.
  • Consistent access to a private work environment with high speed internet and professionally appropriate surroundings for frequent video conferencing and a workstation setup conducive to remote work needs.
Responsibilities
  • Curate a robust pipeline and launch new customer opportunities.
  • Develop and foster relationships with leadership at all levels of client/prospect organizations, and leverage relationships with key internal leaders as appropriate.
  • Own and iterate full-cycle consultative sales discussions, including but not limited to running discovery calls, overview presentations, demonstrations of the company’s risk-based offerings, pricing and proposal analysis and reviews, from negotiation to close.
  • Lead internal and external teams through a solution sale that meets clients business needs while maintaining the company’s product integrity and framework intact, including financial goals, clinical model, and ability to execute.
  • Develop and refine materials to support the sales process, including sales presentations, proposals, marketing materials, and contracts.
  • Negotiate pricing and contract terms; collaborate with internal leaders to conduct analysis and diligence as necessary to ensure favorable partnership structures.
  • Collaborate with marketing teams to develop strategies and materials to support the sales process.
  • Cross-functional management of internal stakeholders whose involvement is required in the sales process.
  • Develop and implement lead generation strategy to drive top of the funnel opportunities to maintain a robust pipeline of relevant deals.
  • Build business cases for leaders at health plan organizations that support how our solutions generate a positive value /impact for their organization.
  • Represent the company at industry conferences and relevant events, establishing our presence as a leader in the market.
  • Regular and predictable attendance is required.
  • All other duties as assigned.

Bicycle Health provides online treatment for opioid use disorder (OUD) through a secure app, allowing patients to receive care without visiting a physical clinic. Their main service is Medication for Addiction Treatment (MAT), which helps patients stop using opioids with minimal discomfort, leading to better recovery outcomes. Unlike many competitors, Bicycle Health accepts most major insurance plans, generating revenue through insurance reimbursements for their clinical care and support services. They also offer same-day Suboxone prescriptions, enhancing convenience for patients. The company focuses on a patient-centric approach, with a dedicated care team that prioritizes understanding and support, aiming to help individuals rebuild their lives.

Company Stage

Series B

Total Funding

$84.9M

Headquarters

Boston, Massachusetts

Founded

2017

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Bicycle Health's partnerships with major players like Talkspace and Albertsons can significantly expand its patient base and service accessibility.
  • The company's recognition by TIME100 and its patient-first ethos can attract top talent and foster a positive work environment.
  • Bicycle Health's innovative approach to OUD treatment, including same-day Suboxone prescriptions, positions it as a leader in telehealth for addiction treatment.

What critics are saying

  • The highly specialized focus on OUD treatment may limit market opportunities compared to broader telehealth providers.
  • Dependence on insurance reimbursements could pose financial risks if there are changes in healthcare policies or insurance coverage.

What makes Bicycle Health unique

  • Bicycle Health's focus on opioid use disorder (OUD) treatment through telehealth sets it apart in a market where many competitors offer broader behavioral health services.
  • The company's patient-centric approach, highlighted by same-day Suboxone prescriptions and a full-time care team, ensures high-quality, personalized care.
  • Bicycle Health's inclusion in TIME100's most influential companies and its strategic partnerships with entities like Talkspace and Albertsons enhance its credibility and reach.

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