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Vice President, Market Access

Location: Remote, Hybrid, Onsite, Boulder, Colorado, United States

About Our Company

Foresight Diagnostics is an early-stage, venture-backed molecular diagnostics company that is developing non-invasive cancer detection technologies to improve the lives of patients worldwide. Our portfolio of cell-free DNA based liquid biopsy tests are rooted in novel and proprietary methods developed at Stanford University. Our approach enables the earlier detection of smaller tumors, leading to more personalized and effective cancer treatment strategies for patients. We have deep expertise in molecular biology, bioinformatics, and Next Generation Sequencing (NGS), and maintain a dynamic, fast-paced work environment with significant opportunities for high-impact contribution and rapid professional growth. Foresight Diagnostics is headquartered in Boulder, Colorado.

About The Role

The Vice President of Market Access will be responsible for developing and executing the Foresight’s market access strategy to ensure broad reimbursement, coverage, and adoption of Foresight’s ctDNA minimal residual disease (MRD) diagnostic solutions. This executive leader will work closely with payers, government agencies, integrated delivery networks (IDNs), and other key stakeholders to drive reimbursement success, shape health policy, and establish strong payer relationships. This position reports to the Chief Business Officer.

What You Will Do

Market Access & Reimbursement Strategy

  • Continue to develop and lead Foresight’s market access strategy to ensure optimal reimbursement and coverage for Foresight CLARITY™ as a laboratory developed test, as an FDA cleared device, and as an FDA approved companion diagnostic.

  • Drive payer engagement strategies to secure favorable reimbursement policies from commercial and government payers.

  • Lead the development of value propositions and health economic models to demonstrate clinical and economic benefits of the company’s diagnostics solutions.

  • Oversee pricing, coding, and billing strategies to maximize revenue and market penetration.

Payer & Stakeholder Engagement

  • Establish and maintain relationships with private insurers, Medicare, Medicaid, PBMs, ACOs, and IDNs to advocate for diagnostic reimbursement.

  • Collaborate with industry organizations, policymakers, and advocacy groups to influence diagnostic reimbursement policies.

  • Represent the company in payer negotiations, advisory boards, and industry conferences.

Health Economics & Outcomes Research (HEOR)

  • Develop real-world evidence strategies to support payer coverage and demonstrate clinical utility.

  • Guide the generation and publication of health economic and clinical outcome studies.

  • Oversee development of dossiers, white papers, and payer-focused communication materials.

Cross-Functional Leadership & Collaboration

  • Partner with regulatory, clinical, commercial, and R&D teams to integrate market access considerations into product development and go-to-market strategies.

  • Collaborate with sales and marketing teams to develop payer-facing messaging and materials.

  • Collaborate with Foresight’s billing team to ensure maximum reimbursement is achieved.

  • Build and lead a team of market access professionals, including reimbursement specialists and HEOR experts.

What You Will Bring

  • Bachelor’s degree required; advanced degree (MBA, MPH, PhD, PharmD) preferred.

  • Minimum 10-15 years of experience in market access, reimbursement, payer relations, or health economics in the diagnostics, medical device, or biotechnology industry.

  • Strong relationships with key payer organizations and a deep understanding of U.S. and global reimbursement landscapes.

  • Expertise in coding, coverage, and payment strategies for diagnostic products, including experience with CMS, Medicare, Medicaid, and commercial insurers.

  • Proven track record in developing and executing market access strategies that drive commercial success.

  • Excellent leadership, negotiation, and communication skills.

  • Preferred Experience:

    • Success achieving Advanced Diagnostic Laboratory Test designation with favorable pricing.

    • Familiarity with the Proprietary Laboratory Analyses code process.

    • Familiarity with Parallel Review and/or establishment of a National Coverage Determination.

Compensation and Benefits

This role is hiring at an annual salary of $265,000 - $305,000 and is eligible for equity offerings. Foresight offers benefits including paid vacation, sick time, and parental leave (if applicable), alongside medical, dental, vision, life, disability coverage, flexible spending accounts, and a 401k with company match. 

The application deadline for this position is April 30, 2025. 

You will be working on interesting problems with extremely high impact. We promote the professional development of our employees and will encourage upward mobility within the company for high performing employees. Foresight Diagnostics is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

 

Average salary estimate

$285000 / YEARLY (est.)
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$265000K
$305000K

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What You Should Know About Vice President, Market Access, Foresight Diagnostics Inc.

Join Foresight Diagnostics as the Vice President of Market Access and be at the forefront of revolutionizing cancer detection technology! Located in beautiful Aurora, Colorado, with flexible working options including remote, hybrid, and onsite opportunities, you will play a pivotal role in shaping the market access strategy for our innovative ctDNA minimal residual disease diagnostic solutions. With our mission to improve patient lives through earlier cancer detection, your leadership will focus on establishing strong relationships with payers, government agencies, and key stakeholders. You'll develop strategies that not only secure broad reimbursement and coverage but also advocate for favorable health policies that advance our groundbreaking diagnostics. Collaborating with teams across regulatory, clinical, and commercial functions, you will lead initiatives that highlight the clinical and economic benefits of our products. If you have a rich background in market access, payer relations, and health economics, and you’re ready to make a meaningful impact in the healthcare sector, this role at Foresight Diagnostics is perfect for you. Here, you will not only be challenged to drive commercial success, but also enjoy a supportive environment that encourages professional growth. With a competitive salary range of $265,000 - $305,000 plus equity offerings, you’ll also receive comprehensive benefits, including medical coverage, 401k match, and generous paid time off. Don’t miss your chance to contribute your expertise to a company dedicated to changing lives while achieving your professional goals!

Frequently Asked Questions (FAQs) for Vice President, Market Access Role at Foresight Diagnostics Inc.
What responsibilities does the Vice President of Market Access at Foresight Diagnostics have?

As the Vice President of Market Access at Foresight Diagnostics, you will be responsible for developing and executing strategies that ensure effective reimbursement and coverage for our ctDNA diagnostic solutions. You will engage with payers and stakeholders, develop value propositions, and lead initiatives to drive payer engagement that impacts positive health policies and ensures broad adoption of our innovations.

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What qualifications are needed for the Vice President of Market Access position at Foresight Diagnostics?

To qualify for the Vice President of Market Access position at Foresight Diagnostics, candidates must have a Bachelor’s degree, with an advanced degree such as an MBA or PhD preferred. Additionally, a minimum of 10-15 years of experience in market access, reimbursement, and payer relations, along with a strong grasp of U.S. reimbursement landscapes, is essential.

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How does the Vice President of Market Access at Foresight Diagnostics collaborate with other teams?

The Vice President of Market Access at Foresight Diagnostics will collaborate closely with cross-functional teams, including clinical, regulatory, and commercial departments. This collaboration will ensure that market access considerations are integrated into product development and that the sales and marketing teams have effective payer-facing materials to optimize our market reach.

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What is the earning potential for the Vice President of Market Access at Foresight Diagnostics?

The Vice President of Market Access role at Foresight Diagnostics offers a competitive annual salary ranging from $265,000 to $305,000, with additional equity offerings. Our compensation package also includes a variety of benefits designed to support the well-being and professional growth of our employees.

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What kind of skills will make a candidate successful as Vice President of Market Access at Foresight Diagnostics?

A successful candidate for the Vice President of Market Access position at Foresight Diagnostics should exhibit excellent leadership, negotiation, and communication skills. Expertise in coding and coverage strategies, alongside established relationships with key payer organizations, will enhance your ability to drive the success of streamlined market access strategies.

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Common Interview Questions for Vice President, Market Access
Can you describe your experience with market access strategies in the diagnostics field?

Articulate your understanding of market access by highlighting previous accomplishments in developing strategic frameworks for diagnostics. Share specific examples where your strategy resulted in successful payer engagement and reimbursement.

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What techniques do you use to build relationships with payers and stakeholders?

Discuss your approach to relationship-building, emphasizing the importance of communication and trust. Illustrate your methods for engaging with stakeholders effectively, and provide examples of long-term partnerships that you facilitated.

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How do you stay updated on changes in reimbursement policies and regulations?

Explain your commitment to continuous learning by discussing resources you utilize, such as industry publications, conferences, and networking events. Mention how you implement this knowledge in your market access strategies at Foresight Diagnostics.

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What is your approach to developing value propositions for diagnostic solutions?

Share your process for crafting compelling value propositions. Discuss how you integrate clinical data and cost-effectiveness studies to influence payer decisions and advocate for Foresight’s products.

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Can you give an example of a challenging negotiation you led? What was the outcome?

Relate a specific story that showcases your negotiation skills, the challenges you faced, and how you overcame them. Highlight the positive outcomes that benefited both the organization and the stakeholders involved.

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How do you measure the success of a market access strategy?

Discuss metrics you utilize, like reimbursement rates, coverage expansion, and stakeholder engagement. Explain how data analytics informs your evaluation of success and future strategies for market access at Foresight Diagnostics.

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In your opinion, what role does health economics play in market access?

Articulate the significance of health economics in market access strategies. Discuss how you leverage health economic models to illustrate the value of diagnostic solutions to payers and ensure favorable reimbursement outcomes.

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Describe your experience with reimbursement submissions.

Explain your familiarity with the reimbursement submission process, including coding and documentation. Give examples of successful submissions you've overseen and how they positively impacted the company’s market access efforts.

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How do you collaborate with sales and marketing teams on market access?

Detail your approach to ensuring alignment between market access and sales/marketing initiatives. Discuss joint strategies you’ve developed to enhance the efficacy of messaging catered towards payers and stakeholders.

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What are your key considerations when setting pricing strategies for diagnostics?

Share the factors you evaluate when formulating pricing strategies, such as competitive analysis, market demand, and reimbursement guidelines. Discuss how these considerations tie into driving revenue and adoption for Foresight Diagnostics’ products.

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DATE POSTED
March 13, 2025

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