About The Role
The VP of Financial Network Development is responsible for building, expanding, and optimizing the PayMedix financial network outside of Wisconsin. This is a growth-focused role centered on developing and managing relationships with key healthcare systems while driving expansion into new markets. You will lead strategies that improve affordability, expand access, and simplify the experience for providers, TPAs, and employers.
You will partner closely with the PayMedix Sales team to address root cause issues, support strategic engagements, and unlock new growth opportunities. Success in this role means scaling a high-performing network, strengthening partner relationships, and proactively solving reimbursement and market challenges.
Primary Responsibilities
- Identify and prioritize provider targets to support financial network expansion in new geographic markets outside of Wisconsin.
- Leverage data and analytics to inform market entry, provider selection, and negotiation strategy around the PayMedix fee for assuming collection and financing on top of any network arrangement.
- Lead negotiation and management of new and existing provider participation agreements.
- Own the strategy and execution of financial network development outside Wisconsin in conjunction with the Actuary and Sales Teams.
- Partner with analytics to identify provider trends in collection, optimize reimbursement models, and uncover growth opportunities.
- Monitor network performance and implement solutions to address pricing, coverage gaps, and operational inefficiencies.
- Manage day-to-day partner relationships, resolving issues in collaboration with cross-functional teams.
Required Qualifications
- Bachelor's degree in Business Administration or Healthcare Administration required; a Master's degree in either field is preferred.
- 10+ years of management-level experience in financial network development within provider healthcare economics and/or revenue cycle environments.
- Proven track record of established relationships within the national provider market (health systems, hospitals, independent providers).
- Experience structuring and negotiating provider partnerships that improve financial performance and revenue cycle management (e.g., collections, reimbursement, cost), with strong fluency in healthcare economics and the ability to engage hospital CFOs and senior finance leaders.
Key Attributes for Success
- Delivers Outcomes: Drives measurable contracting results by using data, market insight, and strong execution to secure favorable terms, lower costs, and maintain network access.
- Relationship-Driven Operator: Builds and leverages trusted provider and stakeholder relationships to influence negotiations, unlock access, and move deals forward.
- Strategic and Driven: Defines clear network strategy while operating with urgency, ownership, and persistence to push initiatives through to execution and results.
Other Important Details
- Base salary range: $150,000.00 to $190,000.00 annually, depending on experience
- Benefits: medical, dental, vision, HSA with company contribution, 401k/Roth with company match,15 days of PTO, and more.
- Remote or in-market with providers when applicable.
