Regional Economic Manager -CRDN, West Region
Regional Economic Manager -CRDN, West Region
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Job Description
At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll 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 tothose with Coronary Artery Disease High Blood Pressure and other conditions. Were also driven by the promise of Renal Denervation and its potential to change the way patients around the world manage their uncontrolled hypertension.
At Medtronic we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. This position is remote to enhance our competitive edge and expand our cross-functional collaboration efforts. This role will require 75% of travel to enhance collaboration and ensure successful completion of projects.
TheRegional Economic Manager 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 tools and payer & patient access support. 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 Enterprise & 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 & 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
- Minimum 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 degree
Nice To Have
- Experience in hospital and physician customer interactions
- Experience working in a health-care related field
- Experience with evidence dissemination tools and tactics
- Experience 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 stakeholders
- Preferred qualification of holding a Masters 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 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.
The following benefits and additional compensation are available to those regular employees who work 20 hours per week: Health Dental and vision insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition assistance/reimbursement andSimple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees:Incentive plans 401(k) plan plus employer contribution and matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-qualified Retirement Plan Supplement (subject to IRS earning minimums) andCapital Accumulation Plan (available to Vice Presidents and above or subject to IRS earning minimums).
Regular employees are those who are not temporary such as interns. Temporary employees are eligible for paid sick time as required under applicable state law and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans
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 95000 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.
If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Required Experience:
Manager
Employment Type
Full-Time
