Medtronic
Regional Reimbursement Economic Consultant - West
Medtronic, Minneapolis, Minnesota, United States, 55400
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.A Day in the Life
Coronary & Renal Denervation therapies are a vital component of the Medtronic Cardiovascular Portfolio. Our team is passionate about the patients we serve around the globe and the "second life" and improved health we can give to those with Coronary Artery Disease, High Blood Pressure, and other conditions. We're also driven by the promise of Renal Denervation and its potential to change the way patients around the world manage their uncontrolled hypertension.The
Regional Economic Manager , Cardiovascular Market Access & Customer Economics, serves as the strategic healthcare economic partner for all Cardiovascular field teams. This position is a field-based role, responsible for the dissemination of economic value evidence, messaging and tools and the execution of new types of business partnerships (i.e. risk sharing agreements). The Regional Economic Manager also serves as the regional resource for all relevant Cardiovascular related reimbursement support and healthcare transformation education for both field partners and external stakeholders. This role also serves as an important voice providing customer feedback and input to our business units and internal Market Access teams. The Regional Economic Manager is also responsible for maintaining an in-depth knowledge of the U.S. healthcare environment, including health care finance and payment reform.Domestic travel expected: Up to 75%Role and Responsibilities:
Deliver and communicate impactful economic value evidence, messaging and tools to MDT customers (C-suite, hospital administration, payers, and physicians) demonstrating a mastery of all economic and relevant clinical evidence for all Cardiovascular technology.Regional field resource for Cardiovascular reimbursement education and support for external customers and field partners. Maintain expert level reimbursement knowledge (coding, coverage, payment) for all Cardiovascular products and therapies.Develop deep relationships with sales partners including sales leadership (AVP/RVP/DM/RM), Strategic Accounts Organization and all Cardiovascular field teams. Serve as their economic business partner and be an economic thought leader for all respective teams.Build and maintain strategic working relationships with customers (C-suite, hospital administration, payers, and physicians) and develop economic key opinion leaders.Conduct and present healthcare economic analysis to customers, demonstrating the economic value (procedural, programmatic, and downstream benefit) of all Cardiovascular therapies.Maintain expert level understanding of U.S. health care financing systems, changes in payment and overall reimbursement environments serving as the subject matter expert for assigned regions.Lead the execution and implementation of value based healthcare product and therapy risk share agreements, specifically focused on outcome and economic impact measurement.Engage with customers to develop customer based analyses intended to support the clinical and economic outcomes of our products, technology, & CVG Solution offerings.Train and educate all field partners on economic value content (evidence, messaging, tools) and customer economics. Work in collaboration with legal, compliance, and other business groups to assure appropriate customer engagement processes are strictly adhered to.Must Have; Minimum Requirements
To be considered for this role, please ensure the minimum requirements are evident in your applicant profile.Bachelor of Science in health care or finance related field Job ExperienceMinimum 10 years experience working in health economics, healthcare consulting, account management, or finance.Or minimum 8 years experience working in health economics, healthcare consulting, account management, or finance with an advanced degreeNice To Have
Experience in hospital and physician customer interactionsExperience working in a health-care related fieldExperience with evidence dissemination tools and tacticsExperience working in medical device industry, hospital administration, managed care or related health care field.Deep knowledge of the health care challenges and opportunities for cardiovascular therapies and products for our stakeholdersPreferred qualification of holding a Master’s Degree (MBA or MHA preferred) or advanced clinical degree (PharmD, MD)Excellent communication ability (both written and presentation ability)Strong data and analytic ability.Strong proficiency working in all Microsoft tools including Excel and PowerPoint, and other software based analytic applications.Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits PackageA commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.Salary ranges for U.S (excl. PR) locations (USD): $164,000.00 - $246,000.00. This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.Learn more about our business, mission, and our commitment to diversity here.It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.At Medtronic, most positions are posted on our career site for 3-7 days.
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Coronary & Renal Denervation therapies are a vital component of the Medtronic Cardiovascular Portfolio. Our team is passionate about the patients we serve around the globe and the "second life" and improved health we can give to those with Coronary Artery Disease, High Blood Pressure, and other conditions. We're also driven by the promise of Renal Denervation and its potential to change the way patients around the world manage their uncontrolled hypertension.The
Regional Economic Manager , Cardiovascular Market Access & Customer Economics, serves as the strategic healthcare economic partner for all Cardiovascular field teams. This position is a field-based role, responsible for the dissemination of economic value evidence, messaging and tools and the execution of new types of business partnerships (i.e. risk sharing agreements). The Regional Economic Manager also serves as the regional resource for all relevant Cardiovascular related reimbursement support and healthcare transformation education for both field partners and external stakeholders. This role also serves as an important voice providing customer feedback and input to our business units and internal Market Access teams. The Regional Economic Manager is also responsible for maintaining an in-depth knowledge of the U.S. healthcare environment, including health care finance and payment reform.Domestic travel expected: Up to 75%Role and Responsibilities:
Deliver and communicate impactful economic value evidence, messaging and tools to MDT customers (C-suite, hospital administration, payers, and physicians) demonstrating a mastery of all economic and relevant clinical evidence for all Cardiovascular technology.Regional field resource for Cardiovascular reimbursement education and support for external customers and field partners. Maintain expert level reimbursement knowledge (coding, coverage, payment) for all Cardiovascular products and therapies.Develop deep relationships with sales partners including sales leadership (AVP/RVP/DM/RM), Strategic Accounts Organization and all Cardiovascular field teams. Serve as their economic business partner and be an economic thought leader for all respective teams.Build and maintain strategic working relationships with customers (C-suite, hospital administration, payers, and physicians) and develop economic key opinion leaders.Conduct and present healthcare economic analysis to customers, demonstrating the economic value (procedural, programmatic, and downstream benefit) of all Cardiovascular therapies.Maintain expert level understanding of U.S. health care financing systems, changes in payment and overall reimbursement environments serving as the subject matter expert for assigned regions.Lead the execution and implementation of value based healthcare product and therapy risk share agreements, specifically focused on outcome and economic impact measurement.Engage with customers to develop customer based analyses intended to support the clinical and economic outcomes of our products, technology, & CVG Solution offerings.Train and educate all field partners on economic value content (evidence, messaging, tools) and customer economics. Work in collaboration with legal, compliance, and other business groups to assure appropriate customer engagement processes are strictly adhered to.Must Have; Minimum Requirements
To be considered for this role, please ensure the minimum requirements are evident in your applicant profile.Bachelor of Science in health care or finance related field Job ExperienceMinimum 10 years experience working in health economics, healthcare consulting, account management, or finance.Or minimum 8 years experience working in health economics, healthcare consulting, account management, or finance with an advanced degreeNice To Have
Experience in hospital and physician customer interactionsExperience working in a health-care related fieldExperience with evidence dissemination tools and tacticsExperience working in medical device industry, hospital administration, managed care or related health care field.Deep knowledge of the health care challenges and opportunities for cardiovascular therapies and products for our stakeholdersPreferred qualification of holding a Master’s Degree (MBA or MHA preferred) or advanced clinical degree (PharmD, MD)Excellent communication ability (both written and presentation ability)Strong data and analytic ability.Strong proficiency working in all Microsoft tools including Excel and PowerPoint, and other software based analytic applications.Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits PackageA commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.Salary ranges for U.S (excl. PR) locations (USD): $164,000.00 - $246,000.00. This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.Learn more about our business, mission, and our commitment to diversity here.It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.At Medtronic, most positions are posted on our career site for 3-7 days.
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