Data Procurement Director

Company: Surescripts
Location: Minneapolis
Posted on: January 25, 2025

Job Description:

Surescripts serves the nation through simpler, trusted health intelligence sharing, in order to increase patient safety, lower costs and ensure quality care. We deliver insights at critical points of care for better decisions - from streamlining prior authorizations to delivering comprehensive medication histories to facilitating messages between providers.Job Summary:The Data Procurement Director will lead the expansion of our data ecosystem by driving negotiations with Surescripts Network Alliance partners to secure data usage rights, while also identifying and acquiring new, strategic data sources to enrich our existing data pool. This person will play a critical role in ensuring that Surescripts has access to high quality data necessary for the development of solutions that will deliver value and improve the experience for stakeholders across the healthcare ecosystem. This position requires a deep understanding of healthcare data, the regulatory landscape and business development experience to successfully negotiate and secure data agreements that will enhance our product portfolio.Responsibilities:

• Conduct market research to identify potential data sources of interest that expand our data portfolio. Strategically evaluate the quality and relevance of these data sources and build value propositions for how those data would be used within our data and analytics solutions.
• Lead business development efforts to secure agreements that enhance our data portfolio. Develop and execute strategies to identify and approach potential data partners, and successfully negotiate terms. Collaborate with sales and product teams to develop strategies to align customer incentives with broader data-dependent initiatives. Work closely with Surescripts Network Alliance partners to negotiate data usage rights, ensuring alignment with business goals and regulatory requirements.
• Drive cross-functional alignment across various teams, including product development, data analytics, sales, compliance, and legal. Collaborate with data engineering and analytics teams to integrate new data sources effectively.
• Develop and maintain relationships with data providers, industry partners, and other stakeholders. Act as the primary point of contact for all data procurement-related inquiries and negotiations.
• Maintain a thorough understanding of privacy laws, including HIPAA permitted purposes. Collaborate with compliance, privacy, security, and data governance teams to ensure all data procurement activities comply with all state and federal regulations, internal policies, and customer contracts.
• Monitor and report on data procurement activities. Track the progress of data procurement efforts, report on key metrics, and provide regular updates to senior management. Identify and address any challenges or obstacles in the procurement process. Monitor and evaluate the ROI of data acquisition initiatives to prioritize high-impact opportunities.
• Keep up-to-date with the latest developments in data rights, privacy regulations, and the healthcare industry. Apply this knowledge to improve data procurement strategies and ensure the company remains compliant and competitive.Qualifications: Basic Requirements:
  • Bachelor's degree in Business, Economics, Data Science, or related field; MBA or advanced degree preferred.
  • 12+ years of experience in business development and/or related experience in the procurement of healthcare data.
  • Strong understanding of regulations around healthcare data, including Health Insurance Portability and Accountability Act (HIPAA) and Trusted Exchange Framework and Common Agreement (TEFCA).
  • Ability to evaluate the value and quality of data assets and their applicability to business needs.
  • Proven experience in negotiating contracts and managing vendor relationships.
  • Demonstrated success in business development and deal negotiation.
  • Excellent written and verbal communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Ability to travel for team, customer and vendor meetings as needed.
  • Strategic thinker with strong analytical and problem-solving abilities and results-driven mindset.Preferred Qualifications:
    • Advanced degree in a related field.
    • Strong understanding of healthcare interoperability standards, such as Fast Healthcare Interoperability Resource (FHIR).
    • Strong understanding of electronic health records (EHR), health information exchanges (HIE), and qualified health information networks (QHIN)
    • Familiarity with data governance tools (e.g. data mapping, lineage)Surescripts embraces flexibility through its Flexible Hybrid Work model for most positions. This model allows employees to work virtually while still utilizing our offices as collaboration centers. With alignment and agreement from your leadership, you can come and go from the office as needed.Why Wait? Apply NowWe're a midsize company. This means you're not just another employee ID number. Here, you can build real relationships and feel supported by truly awesome people with diverse backgrounds and talents in an innovative and collaborative work culture. We strive to create an environment where you can be yourself, share your ideas and work your way. We offer opportunities for employee development, as well as competitive compensation packages and extensive benefits.At Surescripts, base pay is one part of our Total Rewards Package (which may also include bonus, benefits etc.) and is determined within a range. The base pay range for this position is $165,100 - $201,700 per year. Your base pay may vary within or outside of this range depending on a number of factors, including (but not limited to) your qualifications, skills, experience, and location.Benefits include, but are not limited to, comprehensive healthcare (including infertility coverage), generous paid time off including paid childbirth and parental leave and mental health days, pet insurance, and 401(k) with company match and immediate vesting. To learn more, review the , , and links under the section of our careers site.Physical and Mental Requirements While performing duties of this job, an employee may be required to perform any, or all of the following: attend meetings in and out of the office, travel, communicate effectively (both orally and in writing), and be able to effectively use computers and other electronic and standard office equipment with, or without, a reasonable accommodation. Additionally, this job requires certain mental demands, including the ability to use judgement, withstand moderate amounts of stress and maintain attention to detail with, or without, a reasonable accommodation.Surescripts is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate on the basis of race, color, religion, age, national origin, ancestry, disability, medical condition, marital status, pregnancy, genetic information, gender, sexual orientation, parental status, gender identity, gender expression, veteran status, or any other status protected under federal, state, or local law.

Keywords: Surescripts, St. Paul , Data Procurement Director, Executive , Minneapolis, Minnesota