
Director of Payor Partnerships
- Denver, CO
- $160,000-175,000 per year
- Permanent
- Full-time
- Lead end-to-end payor contracting efforts, including strategy development, negotiation, and execution of new and existing agreements across national and regional markets, ensuring compliance, scalability, and sustainability.
- Build and deepen relationships with payor decision-makers, positioning SonderMind as a high-performing, data-driven behavioral health partner.
- Develop and execute partner enablement strategies, create partner enablement playbooks, oversee RFPs/proposals, and manage the creation of onboarding guides.
- Manage cross-functional project teams to operationalize payor contracts, resolve implementation issues, and ensure alignment with clinical and financial goals.
- Represent SonderMind at industry forums by attending conferences, trade shows, partner events, and other industry gatherings to increase company visibility and forge new strategic alliances.
- Leverage data analytics to articulate SonderMind's value proposition, identify opportunities for collaboration, and support contract performance improvement.
- Design, monitor, and interpret payor contracting KPIs and dashboards to track growth, financial performance, utilization, RCM metrics, and more.
- Monitor market trends and health policy developments to inform partnership strategy and drive innovation in behavioral health contracting.
- Mentor and guide team members involved in payor relations, cultivating a high-performance, results-driven culture.
- Develop and enhance relationships with the top 10 payor partners and identify opportunities to strengthen collaboration.
- Review existing payor contracts, onboarding processes, and internal playbooks to understand current state.
- Familiarize yourself with active negotiations, proposals, and target growth opportunities.
- Track active pipeline, including number of new payor negotiations, proposals submitted, and target revenue or growth measures.
- Ensure operational readiness for all new agreements and confirm integration with internal systems is on track.
- Begin monitoring claims and reimbursement quality, focusing on claims denial rates and adherence to contracted rates.
- Increase partner satisfaction through proactive engagement, measured by feedback scores, NPS, or renewal rate trends.
- Create internal playbooks, training sessions, stakeholder alignment tools, or templates to streamline future partnerships.
- Drive measurable improvements in contract performance and operational execution.
- 10+ years of experience in payor strategy, business development, or provider-payor contracting, ideally in a digital health or behavioral health setting.
- Exceptional interpersonal, communication, and negotiation skills with an ability to build trust and influence at all levels.
- Experience working with commercial and government payors, including Medicare Advantage and Medicaid Managed Care, particularly in behavioral health.
- Proven track record of negotiating complex contracts with national or regional payors.
- Proficiency with Salesforce, contract management platforms, and healthcare analytics software.
- Analytical mindset with experience interpreting financial models, claims data, and performance metrics.
- Proactive and deadline-driven, with a proven ability to deliver results in a fast-paced environment.
- Self-starter comfortable working independently in a mission-driven environment.
- Bachelor's degree (or equivalent experience) required.
- A commitment to fostering flexible hybrid work
- A generous PTO policy with a minimum of three weeks off per year
- Free therapy coverage benefits to ensure our employees have access to the care they need (must be enrolled in our medical plans to participate)
- Competitive Medical, Dental, and Vision coverage with plans to meet every need, including HSA ($1,100 company contribution) and FSA options
- Employer-paid short-term, long-term disability, life & AD&D to cover life's unexpected events. Not only that, we also cover the difference in salary for up to seven (7) weeks of short-term disability leave (after the required waiting period) should you need to use it.
- Eight weeks of paid Parental Leave (if the parent also qualifies for STD, this benefit is in addition, which allows between 8-16 weeks of paid leave)
- 401K retirement plan with 100% matching which immediately vests on up to 4% of base salary
- Travel to Denver 1x a year for annual Shift gathering
- Fourteen (14) company holidays
- Company Shutdown between Christmas and New Years
- Supplemental life insurance, pet insurance coverage, commuter benefits and more!