Director, Insurance & Reimbursement
Role Overview
Leads strategic direction and operational oversight for Oticon Medical's U.S. Insurance & Reimbursement organization.
Accountable for patient access, revenue realization, payer relationships, customer experience, and scalable operations.
Key Skills for This Role
Full Job Posting
Role overview
Leads strategic direction and operational oversight for Oticon Medical's U.S. Insurance & Reimbursement organization.
Accountable for patient access, revenue realization, payer relationships, customer experience, and scalable operations.
Strategic leadership and operations
- Set reimbursement strategy, departmental goals, KPIs, operating plans, and budgets; advise executive leadership on opportunities and risks.
- Direct verification, benefits investigations, prior authorizations, claims, appeals, denial management, and reimbursement operations.
- Improve service standards, processing timeliness, cycle times, collections, and reimbursement outcomes.
- Manage external parties and consultants, including credentialing and billing relationships.
Payer access and financial performance
- Lead Medicare, Medicaid, VA, and commercial payer credentialing and expand payer participation and patient access.
- Maintain payer and government relationships; monitor reimbursement policies, coverage determinations, and healthcare regulations.
- Evaluate reimbursement effects of new products and market opportunities.
- Partner with Finance to improve collections and reduce outstanding insurance receivables; develop reporting on performance, denials, appeals, collections, and payer activity.
Cross-functional leadership and compliance
- Partner with Sales, Customer Service, Marketing, Clinical, Regulatory Affairs, Quality, and executive leadership on customer adoption, product launches, compliance, and planning.
- Maintain departmental policies, procedures, quality standards, compliance, documentation, audit readiness, and process improvement.
- Recruit, hire, coach, develop, evaluate, and retain high-performing team members; promote accountability and collaboration.
Required qualifications
- Bachelor's degree in business, healthcare administration, finance, or a related field.
- At least 10 years of progressive leadership experience in healthcare insurance, reimbursement, revenue cycle, or payer operations, including at least five years leading high-performing teams.
- Extensive knowledge of Medicare, Medicaid, commercial insurance, VA, and managed care reimbursement.
- Experience with provider credentialing and payer enrollment; strong understanding of claims, appeals, denial management, and reimbursement optimization.
- Demonstrated success leading organizational change and process improvement; experience with departmental budgets and financial performance.
- Strong analytical, organizational, and problem-solving skills; excellent written, verbal, and presentation skills; ability to influence and collaborate across functions.
Preferred qualifications
- Medical device, hearing healthcare, ENT, audiology, DMEPOS, or implantable medical technology experience.
- Knowledge of reimbursement regulations and payer policy development; Lean, Six Sigma, or continuous improvement certification; MBA, MHA, or other advanced degree.
Compensation
- Expected pay range is $130,000–$145,000 per year; additional compensation may include bonuses, commissions, or discretionary awards.
Benefits
- Benefits include medical, dental, prescription, and vision coverage; virtual medical care; an employee assistance program; 401(k) match; life and disability insurance; savings and commuter accounts; and pet insurance.
Introductory period
The first 180 calendar days are an introductory period with training, coaching, and performance feedback; employment remains at will.
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