Senior Director Market Access
Job Summary
Labcorp is seeking a remote Senior Director of Market Access to lead reimbursement and payer engagement strategies for pediatric, rare disease, and specialty genetic testing. The role involves developing evidence-based coverage strategies, managing cross-functional collaborations, and driving market access for both pipeline and in-market tests. The ideal candidate will provide executive-level leadership to influence payer policies and ensure successful product positioning.
Responsibilities
- Lead national/regional payer engagement and policy advocacy
- Develop market access strategies for diagnostics and genetic testing
- Partner with clinical teams to shape evidence-generation strategies
- Drive reimbursement performance and revenue capture initiatives
Required Skills
- 10+ years in market access or payer strategy
- Expertise in genetic and specialty testing reimbursement
- Strong understanding of IVD/LDT coding and coverage pathways
- Executive-level negotiation and cross-functional leadership
Job Details
Job Responsibilities
Payer Engagement, Medical Policy & Reimbursement
- Lead national and regional payer engagement, including interactions with medical directors and policy decision-makers.
- Secure coverage, appropriate reimbursement, and reduce administrative barriers across commercial and government payers.
- Translate payer policies, clinical utility expectations, and cost-effectiveness frameworks for internal stakeholders.
Market Access Strategy & Leadership
- Develop and lead market access strategies aligned with commercial goals and product positioning.
- Advice on reimbursement pathways, payer dynamics, and access risks/opportunities across pipeline and in-market tests
- Guide coding, coverage, and payment strategy for modern technologies, informing business cases and go/no-go decisions.
Evidence Strategy & Clinical Utility
- Partner with Medical Affairs and Clinical teams to assess evidence gaps and shape evidence-generation strategies.
- Support clinical study design to align with payer requirements for analytical validity, clinical validity, and clinical utility.
Cross-Functional Collaboration
- Partner with RCM to align reimbursement performance with payer policies and improve revenue capture.
- Collaborate with Marketing to develop consistent, payer-focused value messaging.
- Work with Government Payor Solutions and Regulatory Affairs to support initiatives that expand access.
Portfolio & Pipeline Support
- Lead market access strategy for new test development, including reimbursement potential and payer adoption barriers.
- Collaborate cross-functional to ensure market access needs are incorporated into product strategy, pricing, and launch planning.
- Develop Market Access strategies to support product roadmap, pricing, and lunch planning.
Market Intelligence & Thought Leadership
- Track payer policies, clinical guidelines, competitive trends, and emerging evidence.
- Represent Labcorp in payer engagements, industry forums, and professional organizations.
Minimum Qualifications
- Bachelor's degree in Business Administration, Healthcare, or Life Sciences
- 10 or more years of experience in market access, reimbursement or payer strategy within diagnostics, biotech, or healthcare services.
Preferred Qualifications
- Master's Degree in Life Sciences, Genetic Counseling, Business Administration or Public Health.
Additional Job Standards
- Expertise in pediatric and rare diseases, genetic testing, and/or other specialty testing areas
- Demonstrated success securing payer coverage and reimbursement for novel diagnostics.
- Strong understanding of coding, coverage, and payment pathways for IVDs and LDTs.
- Exceptional communication, negotiation, and executive-level presentation skills.
- Ability to lead cross-functional teams and influence without direct authority.