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 LifeAt Medtronic, we're on a mission to improve the lives of people with diabetes. We're seeking a highly motivated and experienced Principal Reimbursement Analyst who shares our passion to expand access to innovative therapies for diabetes patients. In this role, you will report to the Director of US Market Access and support the assessment and development of coding and reimbursement pathways for our diabetes technologies.
The Diabetes Group is working to change the way people manage diabetes. Together, we will transform diabetes care by driving innovation, expanding access, providing the best customer experience, and improving outcomes so people with diabetes can enjoy greater freedom and better health.
Careers That Change Lives As
Principal Reimbursement Analyst, you will support the development of the coding and market access strategies to gain coverage and reimbursement for our diabetes therapies. The successful candidate should have experience working within a commercial organization and conducting analysis of coding, medical policy and payment for medical technologies. Ability to work within a matrix organization and develop coding and reimbursement materials is necessary. Join a growing team dedicated to improving access to life changing technologies that help diabetes patients manage their condition, live more, and worry less.
A Day in A Life: - Supports the development and implementation of reimbursement strategies and programs to obtain coverage, coding and payment from payer/providers
- Provides reimbursement-related advice to product development teams, marketing, sales, regulatory, clinical and business leaders
- Develops and implements an integrated payer value proposition from early development through market maturity to transition to newer therapies
- Integrates health economic research evidence into compelling value propositions for healthcare decision-makers
- Creates training and educational programs to sales force, physicians, medical directors, billing personnel, distributors, and other external stakeholders
- Focused primarily on US reimbursement planning activities, with strategies spanning durable medical equipment, pharmacy, physician, and other payment systems as required
Qualifications - ExternalMust Have: Minimum Requirements: To be considered for this role, please ensure the minimum requirements are evident on your resume:- Bachelor's degree and minimum of 7 years experience in health policy, reimbursement, health economics, health services research, or other field with direct relevance to the role, OR
- Advanced degree with a minimum of 5 years prior experience in health policy, reimbursement, health economics, health services research, or other field with direct relevance to the role
- Demonstrated knowledge and understanding of U.S. healthcare reimbursement mechanisms (Medicare and commercial payment systems, third-party payer coverage, clinical and procedural coding) and regulations related to medical technology products
Nice to Have - MS, MPH, MHA, MBA
- Project management experience
- Solid working knowledge of clinical trial policy coverage and understanding of clinical procedures and clinical study design
- Proven work experience in providing coding, coverage, and payment advice in a healthcare setting with an emphasis on medical technology
- Able to work independently, cross functionally and as part of a team to problem solve and seek advice when necessary performing work with limited oversight and supervision
- Able to manage multiple tasks with high degree of organization-prioritization skill and attention to detail and accuracy
- Able to apply strong analytical skills to a variety of situations of varying ambiguity
- Excellent verbal and written communication skills; skilled and engaging presenter
- Ability to travel: 10 - 20%
About MedtronicTogether, 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 RequirementsThe 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.
Physical Job RequirementsThe 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 & CompensationMedtronic 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):$138,400.00 - $207,600.00
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
In addition to Base Salary, this position is eligible for a short-term incentive plan, which provides the opportunity to earn significant incentive compensation for achieving or exceeding your goals. Learn more about Medtronic Incentive Plan (MIP) here. The provided base salary range is used nationally in the United States (except in Puerto Rico and certain CA locations). The rate offered is compliant with federal/local regulations and may vary by experience, certification/education, market conditions, location, etc.
Medtronic benefits and compensation plans
About MedtronicWe 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.