Job Information
Medtronic Reimbursement Operations Analyst - Cardiovascular in Minneapolis, Minnesota
We anticipate the application window for this opening will close on - 13 Dec 2024
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
We are looking for a Reimbursement Operations Analyst to join our Health Economics, Policy, and Reimbursement (HEPR) team. The primary objective of this role is to support the development & delivery of reimbursement, policy, and health economic data and tools to enable execution of reimbursement and customer support. The individual acts as a business partner to the cross-functional teams within the CRDN, SH&A, CS, and PVH Organizational Units (OUs).
This role offers the opportunity to establish and standardize policies and procedures for customer-facing reimbursement materials, including coding, coverage and payment topics.
Role and Responsibilities :
This role will develop a deep understanding of Medtronic HEPR US customer-facing documents and tools for OU products and therapies. This role will drive core projects forward to support overall process improvements, efficiencies, and improvement of cross-OU deliverables. This position requires a high attention to detail and the ability to think creatively and learn quickly to manage document and tool updates and craft process improvement solutions in a rapidly evolving business environment. This role will work closely with the U.S. HEPR team and cross-functional colleagues.
Supports and implements customer-facing reimbursement materials to support coverage, coding, and payment from payers (Medicare and commercial) for U.S. providers.
Supports US field customer support HEPR teams.
Functions confidently in a matrixed, complex organization to assess, recommend, and implement solutions, and is comfortable in fast-moving business environments. Works comfortably and adeptly with colleagues across multiple geographic settings, virtual and office-based, and with a variety of business functions.
Understands HEPR strategies within the broader business context to implement reimbursement materials and processes that are integrated into the overall business strategy.
Reviews and understands U.S. reimbursement and payment systems, including Medicare payment systems, payer coverage policies, claims data sets, and sources of U.S. health data.
Stays actively informed on U.S. national and regional reimbursement trends and payment policy changes to identify opportunities for customer support tools.
Create and manage interactive dashboards, reports, and similar content.
May create training and deliver education programs to sales force, physicians, medical directors, billing personnel, distributors, and other external stakeholders as needed.
Expected travel: approximately 5%. Position can be based remotely with occasional travel for team meetings and meeting with colleagues.
Must Have – Minimum Qualifications:
To be considered for this role, please ensure the minimum requirements are evident in your applicant profile.
Bachelor’s degree and minimum of 2 years payer/provider healthcare economics and reimbursementexperience,
Or an advanced degree with a minimum of 0 year payer/provider healthcare economics and reimbursementexperience
Nice To Have:
Advanced degree in health policy, health services research, economics, biostatistics, epidemiology, public administration, health sector management, or a related discipline
2+ years device or pharmaceutical industry experience with experience in payer/provider healthcare economics and reimbursement
Knowledgeable in U.S. hospital-based medical device reimbursement, including U.S. healthcare coding (HCPCS/CPT, ICD-10) and Medicare and U.S. commercial payers
Effective verbal & written communication skills and presentation skills
Experienced and adept with Microsoft Office 365 suite of applications
Familiar with health economic methods, including cost-effectiveness analyses and budget impact models
Able to work independently and as part of a team to learn quickly, identify opportunities, and solve problems
Experience with influence management and ability to work effectively in a matrixed organization
Ability to work effectively and collaboratively in a global organization
Ability to strategically apply technical knowledge to a variety of business situations and to translate across various functional groups
Strong project management skills, results orientation, quality orientation, proactive, with attention to detail, in a variety of situations of varying ambiguity
Familiar with analytical tools (e.g., Tableau, PowerBI), CRMs (e.g., Salesforce)
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 Package
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.
Salary ranges for U.S (excl. PR) locations (USD):$75,200.00 - $112,800.00
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).
Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)
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 (http://www.medtronic.com) .
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.
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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.
We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.
We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.
This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…
Build a better future, amplifying your impact on the causes that matter to you and the world
Grow a career reflective of your passion and abilities
Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning
These commitments set our team apart from the rest:
Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.
Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.
Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.
Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care
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.
For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.
This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .
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