VP of Financial Network Development

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2 days ago Requisition

Salary Range: $ To $ Annually

About Health Payment Systems, Inc. (HPS/ Pay Medix ) Health Payment Systems, Inc. (HPS/ Pay Medix ) is redefining how people access and pay for healthcare. We bring together provider networks, payments and financing, and industry partners to remove financial barriers and simplify the healthcare experience for everyone involved.

Our team is solving one of the biggest challenges in healthcare: the flow of money and information between providers and consumers. The work we do improves access, reduces financial stress, and is reshaping how healthcare works at its most fundamental level.

Our solutions include:

• HPS Network: a high‑performing, independent provider network in Wisconsin that helps employers control costs while maintaining strong access to care.
• Pay Medix : a national healthcare payments platform that pays participating providers in full for all allowed charges regardless of consumer cost-share.
  
  Members receive consolidated medical information and billing, and receive interest‑free financing if they need it.
• Tempo Pay : a flexible healthcare benefit solution that gives eligible individuals a simple, predictable way to pay for care over time, with zero interest or fees.

Join us in our mission to make the healthcare payments experience simpler, more transparent, and more connected – so people can focus on getting care when they need it, not when they think they can afford it.

About The Role The VP of Financial Network Development is responsible for building, expanding, and optimizing the Pay Medix 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 Pay Medix 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.

• 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 Pay Medix 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.

• 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.

• Delivers Outcomes :
  Drives measurable contracting results by using data, market insight, and strong execution to…