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Director, Co-Pay Services

The Copay Services Leader will be responsible for overseeing the design, implementation, and day-to-day management of the company’s copay assistance programs, both pharmacy and medical copay. This role ensures that patients receive financial assistance for their prescription medications, while also working closely with pharmaceutical clients to meet program goals. The leader will manage a team of professionals, ensuring operational excellence, compliance with all regulatory guidelines, and alignment with client expectations.

DUTIES & RESPONSIBILITIES:

Program Leadership & Strategy:

  • Lead the development, implementation, and optimization of pharmacy and medical copay assistance programs to ensure patient access to medications.
  • Collaborate with internal teams (e.g., reimbursement, operations, account management) and external stakeholders to tailor copay programs to specific client needs.
  • Define and monitor key performance indicators (KPIs) to evaluate program success and identify areas for improvement.
  • Partner with senior leadership to refine overall strategy, ensuring programs align with company objectives and client goals.

Team Management & Development:

  • Lead and mentor a team of copay services specialists, ensuring high levels of engagement, productivity, and customer service.
  • Provide coaching, performance evaluations, and development opportunities to build team capability and expertise.
  • Oversee staffing and resource planning to ensure efficient program operations and scalability.

Client & Stakeholder Engagement:

  • Serve as the primary point of contact for pharmaceutical clients, addressing their program needs, performance updates, and operational feedback.
  • Participate in client meetings and presentations to provide insights and updates on copay program performance.
  • Establish and maintain relationships with pharmacy benefit managers (PBMs), specialty pharmacies, and other external partners to streamline copay processes.

Compliance & Reporting:

  • Ensure copay assistance programs comply with all federal, state, and industry regulations, including anti-kickback statutes, Medicare/Medicaid rules, FDA and OIG guidance.
  • Work closely with the legal and compliance teams to manage risk and adhere to industry best practices.
  • Oversee the generation and analysis of program performance reports, ensuring timely and accurate reporting to clients and internal stakeholders.

Operations & Continuous Improvement:

  • Streamline operational workflows to improve the efficiency of copay processes, from enrollment to claim adjudication and payment.
  • Identify and implement process improvements to enhance the patient experience and reduce administrative burdens.
  • Stay up to date on trends in pharmaceutical reimbursement, copay policies, and patient assistance programs to keep the company’s offerings competitiv
  • Education:
  • · Bachelor’s degree in business, healthcare management, pharmacy, or a related field (required).
  • · Master’s degree in business or healthcare administration (preferred).

Education:

  • · Bachelor’s degree in business, healthcare management, pharmacy, or a related field (required).
  • · Master’s degree in business or healthcare administration (preferred).

Experience:

  • · 5+ years of experience in pharmacy copay assistance programs, reimbursement services, or patient access within the pharmaceutical or healthcare industries.
  • · 5+ years of experience in medical copay assistance programs, reimbursement services, or patient access within the pharmaceutical or healthcare industries.
  • · Proven leadership experience in managing teams and working cross-functionally.
  • · Experience working with pharmaceutical manufacturers and understanding of third-party payer systems (commercial, Medicare, Medicaid).

Skills & Competencies:

  • · Strong leadership and team management abilities, with a track record of driving performance.
  • · Excellent communication and client relationship management skills.
  • · Thorough understanding of pharmaceutical copay structures – pharmacy and medical, including benefit design, reimbursement systems, and financial assistance programs.
  • · Knowledge of regulatory requirements affecting pharmacy and medical copay programs, including healthcare compliance and fraud prevention.
  • · Ability to analyze data and make informed decisions to optimize program performance.
  • · Strong background working with various IT systems and tools to pull reports, analyze data and build insights and recommendations.

Want to learn more about what employee benefits AssistRx offers? Here are some additional benefits that our employees enjoy!

  • Medical, dental, vision, life, & short-term disability insurance
  • Teledoc services for those enrolled in medical insurance
  • Supportive, progressive, fast-paced environment
  • Competitive pay structure
  • Matching 401(k) with immediate vesting
  • Legal insurance

Wondering how we recognize our employees for delivering best in class results? Here are some of the awards that our employees receive throughout the year!

  • #TransformingLives Honor: This quarterly award program is a peer to peer honor that recognizes and highlights some of the amazing ways that our team members are transforming lives for patients on a daily basis.
  • Values Award: This quarterly award program recognizes individuals who exhibit one, or many, of our core company values; Excellence, Winning, Respect, Inspiration, and Teamwork.
  • Vision Award: This annual award program recognizes an individual who has gone above and beyond to support the AssistRx vision to transform lives through access to therapy.

AssistRx, Inc. is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration without regard to race, religion, color, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or other non-merit based factors, or any other protected categories protected by federal, state, or local laws.

All offers of employment with AssistRx are conditional based on the successful completion of a pre-employment background check.

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire. Sponsorship and/or work authorization is not available for this position.

AssistRx does not accept unsolicited resumes from search firms or any other vendor services. Any unsolicited resumes will be considered property of AssistRx and no fee will be paid in the event of a hire.

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CEO of AssistRx
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Average salary estimate

$125000 / YEARLY (est.)
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$100000K
$150000K

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What You Should Know About Director, Co-Pay Services, AssistRx

Are you ready to take on a leadership role that makes a real difference? AssistRx is looking for a dynamic Director of Co-Pay Services to join our growing team. In this exciting position, you'll be at the forefront of designing and managing our copay assistance programs, ensuring patients get the financial help they need for their medications. You’ll work closely with pharmaceutical clients, adapting our programs to meet their specific needs, and leading a dedicated team of professionals. From setting key performance indicators to mentoring your team members, your strategic insight will be instrumental in enhancing both patient access and operational excellence. Compliance with all regulatory guidelines is a top priority, and you’ll partner with our legal teams to ensure everything runs smoothly. You’ll also engage with clients, presenting performance updates and collaborating to create efficient workflows that benefit everyone involved. If you hold a bachelor’s degree in healthcare management or a related field and have a robust background in copay services, this role could be your next big step. So, if you're a results-driven leader passionate about improving patient experiences in the healthcare landscape, we encourage you to join us at AssistRx where we are transforming lives every day!

Frequently Asked Questions (FAQs) for Director, Co-Pay Services Role at AssistRx
What are the responsibilities of the Director of Co-Pay Services at AssistRx?

As the Director of Co-Pay Services at AssistRx, you'll oversee the development and management of pharmacy and medical copay assistance programs. Your responsibilities include collaborating with internal teams and external partners, monitoring program performance via key performance indicators, and ensuring compliance with relevant regulations.

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What qualifications are required for the Director of Co-Pay Services position at AssistRx?

To be eligible for the Director of Co-Pay Services position at AssistRx, candidates must possess at least a bachelor's degree in business, healthcare management, or a related field. A master's degree is preferred, alongside 5+ years of experience in pharmacy and medical copay assistance programs, demonstrating strong leadership and team management skills.

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How does AssistRx ensure compliance with regulatory guidelines in the Co-Pay Services role?

AssistRx emphasizes strict adherence to federal and state regulations within the Co-Pay Services role. This includes compliance with anti-kickback statutes and Medicare/Medicaid rules. The Director will work closely with the legal and compliance teams to minimize risk and uphold industry standards.

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What skills are essential for a Director of Co-Pay Services at AssistRx?

Essential skills for the Director of Co-Pay Services at AssistRx include strong leadership and team management capabilities, excellent communication, and in-depth understanding of pharmaceutical copay structures. A thorough knowledge of healthcare compliance and the ability to analyze performance data effectively are also critical.

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What opportunities for growth and recognition does AssistRx provide to its Directors of Co-Pay Services?

AssistRx offers numerous opportunities for professional growth and recognition for the Director of Co-Pay Services. Through quarterly awards like #TransformingLives and annual recognitions such as the Vision Award, employees are encouraged to strive for excellence while contributing to the mission of transforming patient lives.

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Common Interview Questions for Director, Co-Pay Services
What strategies would you implement to ensure the success of copay assistance programs?

A solid response would detail your approach to developing and measuring success through KPIs, collaborating with various stakeholders, and continuously looking for ways to improve patient access and operational efficiency.

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Can you provide an example of a time you led a successful team initiative?

Share a specific instance where you led a team, highlighting your leadership style, how you engaged team members, and the positive outcomes of the initiative for both the team and the organization.

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How do you stay informed about changes in healthcare regulations affecting co-pay services?

Demonstrate your proactive approach to staying informed by discussing resources you follow, industry conferences you attend, or networks you engage with to stay updated on relevant healthcare regulations.

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What techniques do you use to build strong relationships with pharmaceutical clients?

Talk about your relationship-building strategies, including regular communication and identifying client needs, along with strategies for addressing their feedback to enhance program effectiveness.

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How would you handle a situation where your team is facing low engagement?

Address this by discussing your leadership techniques, such as reassessing team dynamics, implementing feedback sessions, and introducing team-building activities to boost morale and motivation.

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Describe your experience with performance reporting and data analysis.

Highlight your familiarity with generating performance reports, key metrics you focus on, and how you've used data analysis to drive decision-making and optimize program performance.

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What role does compliance play in your management style?

Explain how you prioritize compliance in your management approach and how you ensure your team is educated on regulatory requirements to mitigate risks.

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How would you approach developing new copay programs tailored for specific clients?

Detail your strategy for gathering client insights, working with internal teams to tailor programs, and your method for measuring the success of newly implemented programs.

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What challenges have you faced in co-pay program management and how did you overcome them?

Discuss a specific challenge, your thought-process in resolving it, and the positive impact your solution had on the program and the patients it serves.

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How do you ensure that your team adheres to best practices in customer service?

Provide insights into your coaching methods, performance metrics you track, and training opportunities you create to uphold customer service standards within your team.

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We are a trusted partner for delivering leading technology and people solutions that connect every stakeholder - patients, healthcare providers, specialty pharmacies, life sciences organizations and more. Our solutions accelerate patient access to...

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Full-time, on-site
DATE POSTED
December 2, 2024

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