Senior Reimbursement Analyst - Remote
SENIOR REIMBURSEMENT ANALYST - Remote
Join a diverse team of innovators who bring their worldview, their unique backgrounds, and their individual life experiences to work every day. It’s no accident —we work hard to cultivate a workforce that reflects our patients and partners. We believe it’s the only way to drive healthcare forward and remain a global leader in medical technology and solutions.
Careers That Change Lives
We are looking for a Senior Reimbursement Analyst to join our Health Economics, Policy, and Payment (HEPP) team. The primary objective of this role is to support the development & delivery of Coronary and Renal Denervation (CRDN) reimbursement, policy, and health economic data and tools to enable execution of reimbursement and health economic strategies. The individual acts as a business partner to the cross-functional leaders and staff within the CRDN Organizational Unit and key global partners.
This role offers the opportunity to establish reimbursement of innovative new therapies, including renal denervation for treating uncontrolled hypertension and coronary interventions for treating complex coronary artery disease. Renal Denervation is an innovative procedure that helps patients’ lower blood pressure. The technique targets specific nerves near the kidneys that can become overactive and cause high blood pressure, also known as hypertension. High blood pressure is a global epidemic, affecting one-third of adults. The role is a unique opportunity to establish reimbursement for a new-to-world medical device that will potentially transform healthcare globally.
A key focus of this role is to support the U.S. launch and commercialization of renal denervation.
A Day In The Life
- Participating in the development and implementation of reimbursement strategies and programs to obtain coverage, coding, and payment from payer/providers;
- Identifying payer opportunities and issues and implementing programs to resolve/decrease barriers to entry for our products and therapies;
- Partnering with Field-focused organizations to ensure that coverage, coding, and payment information are made accessible to our customers and the Field teams while maintaining compliance standards;
- Evaluating the economic impact of the use of therapies/products on payers;
- Providing support for reimbursement policy efforts;
- Working on strategic reimbursement planning and execution for key products, new indications, and reimbursement-related input to product development, marketing, regulatory, clinical, and business leaders.
- To be successful, this role will develop a deep understanding of company products and therapies, health and payment policies and structures, and the types of evidence that are appropriate for supporting business priorities regionally and globally.
- Facilitate patient access to CRDN therapies, by collaborating with cross-functional teams on reimbursement submissions and development of reimbursement tools & materials to enable successful product launches
- Develop resources and support physician & customer training and education on reimbursement
- Review, assess, and execute payer strategies for establishing, continuing, and expanding therapy coverage
- Partner with industry stakeholders and physician societies to develop coding, coverage, and payment infrastructure for CRDN therapies
- Analyze health claims and economic data for tool creation, market intelligence, and evidence strategy
- Maintain expertise in coding, coverage, and payment as well as U.S. payer procedures and reports
- Expected travel: approximately 10-15%. Position can be based remotely with occasional travel for team meetings, meeting with colleagues, and external conferences.
Must Have; Minimum Requirements
- Bachelor’s Degree
- Minimum 4 years healthcare work experience, including 3+ years device industry or pharmaceutical industry strategic reimbursement planning/policy experience OR a minimum of 2 years years device industry or pharmaceutical industry strategic reimbursement planning/policy experience with an advanced degree.
Nice To Have
- Advanced degree in health policy, health services research, economics, biostatistics, epidemiology, public administration, clinical research or a related discipline
- Knowledge of global reimbursement systems
- Skilled with creating analytical tools
- 5+ years device industry or pharmaceutical industry clinical trial experience, payer and hospital health care economics and reimbursement
- Experienced with health economic methods, including cost-effectiveness analyses
- Demonstrated ability to strategically apply technical knowledge to a variety of business situations and to translate across various functional groups
- Demonstrated influence management skills and ability to work effectively in a matrixed organization
- Knowledgeable in U.S. hospital-based medical device reimbursement, including U.S. healthcare coding (HCPCS/CPT and ICD-10) and Medicare and U.S. commercial payers
- Understanding of health economic methods, including cost-effectiveness analyses
- Effective verbal and written communication skills and effective presentation skills
- Strong project management skills, results orientation, quality orientation, proactive, with attention to detail
- Ability to work comfortably and collaboratively across cultures in a complex, global matrix organization
- Experienced with Microsoft Office suite of applications
About Medtronic
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
Physical Job Requirements
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. (ADA-United States of America)
A 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.
Learn more about our benefits here.
This position is eligible for a short-term incentive plan. Learn more about Annual Salary and Medtronic Incentive Plan (MIP) on Page 6 here.