Chief Networking Officer (Payer Relationship)

Why PsychPlus?

The current delivery model for mental health care is broken in this country. PsychPlus set out on a mission to reimagine how mental health care is delivered to anyone who needs it. Our goal is to provide a digital-first, modern approach to psychiatry and therapy. We provide care both in-person at our offices across Texas and virtually so our patients can be seen at their convenience.

Through a combination of exceptional medical and psychological care and best-in-class technology, we provide an unparalleled approach that serves our patients needs in an integrated way. Join us in our mission to ensure that every person has access to affordable and accessible mental health care.

About The Role

As the Chief Networking Officer (CNO) at PsychPlus you will play a pivotal role in establishing and managing strategic relationships with payers, including insurance companies, government agencies, and other stakeholders. This role focuses on expanding the organization’s network, negotiating contracts, and ensuring optimal reimbursement rates to support the financial health and operational success of the organization.

Requirements

Develop and execute a strategic plan for networking with payers to expand the organization’s reach and services.
Establish and maintain strong relationships with insurance companies, government payers, and other relevant stakeholders.
Lead negotiations with payers to secure favorable contracts and reimbursement rates.
Ensure contract terms are aligned with the organization’s financial goals and compliance requirements.
Review and renegotiate existing contracts to optimize financial outcomes.
Identify and pursue opportunities to expand the organization’s network of payers.
Collaborate with marketing and business development teams to promote the organization’s services to potential payers.
Ensure all contracts and payer relationships comply with federal and state regulations, including those specific to behavioral health services.
Stay updated on changes in healthcare regulations and adjust strategies accordingly.
Monitor and analyze the performance of payer contracts, identifying areas for improvement.
Develop and implement strategies to enhance reimbursement processes and financial outcomes.
Work closely with the finance, billing, and clinical teams to align payer strategies with organizational goals
Communicate effectively with internal and external stakeholders to ensure a clear understanding of payer contract terms and expectations.
Prepare and present regular reports on payer contract performance, reimbursement trends, and network expansion progress to senior management.

Qualifications

Bachelor’s degree in Business Administration, Healthcare Administration, or a related field; Master’s degree preferred.
Minimum of 8 years of experience in healthcare payer contracting, network management, or related roles.
Proven track record of successful contract negotiation and payer relationship management, preferably in the behavioral health sector.
Strong negotiation and relationship-building skills.
In-depth understanding of healthcare payer systems, reimbursement methodologies, and regulatory requirements.
Excellent strategic planning and analytical abilities.
Effective communication and interpersonal skills.
Strong leadership and team management capabilities.

Perks

Our mentality is to find the best, attract the best, and pay the best talent—which is why we prioritize quality over quantity of hires. While we offer zero-stress medical, dental, and vision coverage, competitive salaries, and a generous PTO policy, we’re way more excited to tell you about a few “perks” that are unique to Psychplus. We’ve spent time thinking through what it means to be a modern mental health company and how we can better align these additional perks with our mission and values.

Additional Information

The expected base pay for this role will be between $150,000 – $250,000 at the commencement of employment. However, base pay will be determined on an individualized basis and will be impacted by location and years of experience. Further, base pay is only part of the total compensation package, which, depending on the position, may also include incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Psychplus Health-sponsored benefits.

So—what do you think?

If you’ve made it this far, well, we’re excited to meet you too. Just one more thing that we want you to remember: we pride ourselves on our meritocratic, performance-driven culture. We are a startup and move at the speed of light. You might be required to wear multiple hats at any given time. There’s no room for complacency. Your scope of responsibility and opportunity to make a difference will be uncapped at Psychplus, but we need your commitment that you will work tirelessly for our patients, parents, and partners. At the end of day, our team is committed to helping you succeed at Psychplus because when you succeed, our patients succeed, and we get one step closer to solving the mental health crisis. We’re hopeful that this role will give you the experience to go and do whatever you want in life but the fulfillment to make you never want to leave our team. We look forward to solving the mental health crisis, together.

Please be cautious of potential recruitment fraud. If you are interested in exploring opportunities at Psychplus, please go directly to our Careers Page: https://psychplus.com/careers

Psychplus will never ask you to pay a fee or download software as part of the interview process with our company. In addition, Psychplus will not ask for your personal banking information until you have signed an offer of employment and completed onboarding paperwork that is provided by our People Operations team. All communications with Psychplus will only be sent from @psychplus.com email addresses. Legitimate emails will never originate from gmail.com, yahoo.com, or other commercial email services.

At Psychplus, we value being an Equal Opportunity Employer. We strive to cultivate an environment where individuals can be their authentic selves. Being an Equal Opportunity Employer means every member of our team feels as though they are supported and belong. We value diverse perspectives to help us provide accessible and affordable mental healthcare to every one of our patients.

Psychplus applicants are assessed solely on their qualifications for the role, without regard to disability or need for accommodation.

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