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Reimbursement Analyst
Reimbursement AnalystMedtronic Plc • Colorado Springs, CO, US
Reimbursement Analyst

Reimbursement Analyst

Medtronic Plc • Colorado Springs, CO, US
5 days ago
Job type
  • Full-time
Job description

Reimbursement Analyst

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 career at Medtronic is like no other. We're purposeful, we're committed, and we're driven by our mission to alleviate pain, restore health and extend life for millions of people.

Medtronic ENT (Ear, Nose & Throat) Health Economics, Policy, and Reimbursement (HEPR) team is currently looking for a Reimbursement Analyst who will partner with healthcare providers / decision makers, payers, and internal stakeholders to increase acceptance, adoption and ongoing utilization of ENT products and therapies.

In this role, you will report to the Global Program Director for the ENT Therapies Business. You will work independently with the Health Economics Managers, Sr. Manager, healthcare providers, other internal stakeholders, to help ensure patient access to Medtronic Therapies.

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 some travel to enhance collaboration and ensure the successful completion of projects.

Responsibilities will include but are not limited to :

  • Works closely with the Health Economics, Policy, and Reimbursement staff to identify / solve coding, coverage or payment issues and provide support as necessary
  • Assists with creating training and education programs for sales force, physicians, case managers, medical directors, and billing personnel in clinics and hospitals.
  • Handles the creation (design) and implementation of multiple forms of internal and external communication activities, programs and content guided by the Medtronic Brand and overall business strategy.
  • Facilitates and implements 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.
  • Assists with payer opportunities and issues to resolve / decrease barriers to entry for the company's products or therapies.
  • Conduct periodic analysis of Medicare regulations and communicate changes to Health Economics, Policy, and Reimbursement team. Assist with developing strategies and draft comments for advocacy with CMS and commercial payers as necessary and identify opportunities to enhance payment for therapies.
  • Interacts and works closely with other departments, such as, but not limited to Sales, Marketing, Legal, Regulatory, Clinical and Compliance to ensure adequate support and collaboration for reimbursement content.
  • Ensures customer requirements are implemented while maintaining compliance with applicable policies, procedures, regulations, and standards.

Qualifications :

  • Requires a Baccalaureate degree
  • Minimum of 2 years of relevant experience in medical device or pharmaceutical reimbursement, health economics, healthcare coding, or a related field.
  • Nice to have :

  • Strong understanding of reimbursement processes and payer / provider dynamics.
  • Excellent communication and interpersonal skills.
  • Comfortable working virtually, with flexible workplace arrangements and business virtual technologies.
  • Able to manage complex problems and projects while exercising independent decision making and analytical thinking skills, with minimal supervision.
  • Excellent computer skills and advanced competency with MS Word, PowerPoint, MS Project, Adobe Acrobat, Excel, databases, graphic presentations.
  • Ability to work independently and collaboratively with cross-functional teams.
  • Strengths in the following areas : Adaptable, Problem Solving, Detail-Oriented, Cross-Functional Collaboration, Customer Service, Process Improvement, Communication, Highly Organized, with strong Time-Management and Prioritization skills.
  • Strong analytical and problem-solving skills.
  • Excellent verbal and written communication skills at all levels of the organization.
  • 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) : $78,400.00 - $117,600.00 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).

    The following benefits and additional compensation are available to those regular employees who work 20+ hours per week : Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance / reimbursement, and Simple 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 match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital 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

    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 95,000+ 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.

    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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