Director, Health Economics Policy Reimbursement -- Structural Heart (Finance)

We anticipate the application window for this opening will close on - 21 May 2025

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

The Structural Heart (SH) Health Economics, Policy, and Reimbursement (HEPR) Director leads the development and execution of strategies to achieve payer access and demonstrate therapy value in order to expand patient access to Medtronic SH&A therapies in the US and globally. The SH HEPR Director reports to the Vice President, HEPR, SH&A/PVH/CRDN/CS and sits on the leadership team of the VP/GM Structural Heart.

The Health Economics, Policy, and Reimbursement (HEPR) Director for SH will serve in a highly visible and impactful role to support global reimbursement strategy development, new business development, evidence planning, and product launch support for the respective therapies in SH.

This leadership position will be focused on understanding and communicating the global clinical and economic evidence requirements for gaining public and private payer coverage and sustainable payments. This individual will also develop and communicate business unit and therapy-specific global reimbursement strategy to include all coding, coverage, and payment considerations. This position collaborates with regional and local country reimbursement and market access colleagues (including the US market) to support the establishment and maintenance of reimbursement and coverage in target geographies and support the execution of reimbursement strategic plans. Working with our global and European teams, this individual is responsible for developing and executing global and geography-specific strategic plans to meet payer and provider stakeholder requirements for reimbursement.

In this role, the incumbent will partner with members of the SH&A/PVH/CRDN/CS HEPR leadership team, Corporate Health Policy and Payment leaders, and operating unit, region, country, and functional leaders to adopt the long-term clinical and economic evidence strategy required to obtain and maintain reimbursement by country.

Responsibilities may include the following and other duties may be assigned:

• Manages and provides guidance to the SH HEPR team regarding strategic reimbursement direction and initiatives aligned with key business priorities.
• Creates and executes comprehensive market access strategies by integrating reimbursement, health technology assessment, evidence-based medicine review, pricing, and health economic modeling activities.
• Designs, develops, and implements an integrated approach to all aspects of the payer value proposition from early development through and beyond the loss of exclusivity.
• Represents the HEPR function in OU core team and product development processes to ensure that global reimbursement and payer evidence development needs (clinical and economic) can be addressed early in the product development process.
• Engages on a collaborative basis with functions including Clinical Research and Medical Science, Regulatory, Marketing, R&D, Business Development & Strategy, Sales, Finance, and Government Affairs (among others) to assure that HEPR topics and interests are addressed comprehensively throughout the business.
• Communicates the unique attributes of SH therapies to external multi-stakeholders to ensure the therapies' value proposition will be recognized and maximize market uptake.
• Works collectively with payers, including HTA, reimbursement influencers, and other decision-makers, to ensure the continuously changing reimbursement systems remain fair to all involved parties.
• Develops strategic studies with the end customer in mind to ensure that the results will favorably impact reimbursement, market access, pricing, and market uptake.
• Works with the Health Economics and Outcomes Research (HEOR) team to conceptualize evidence development strategies that will build the evidence base for SH&A therapies and position SH&A therapies strategically in the marketplace.
• Engages with the US Field & Customer Support team (regional economic managers) to ensure hospital and physician customers are educated about available reimbursement for SH&A therapies.

Must-Have: Minimum Requirements

To be considered for this role, please ensure the minimum requirements are evident in your applicant profile.

• Bachelor's degree in health policy, health services research, economics, biostatistics, epidemiology, public administration, clinical research or a related discipline.
• Minimum of 10 years of health policy, health services research, economics experience with 7+ years of managerial experience, or advanced degree with a minimum of 8 years of health policy, health services research, economics experience with 7+ years of managerial experience.

Nice to Have

• Demonstrated strong influence management skills and ability to lead teams and work effectively across competing organizations.
• The ability to research and strategically apply technical reimbursement knowledge to a variety of business situations.
• Demonstrated competence in international reimbursement, coding, coverage, and payment, and a key understanding of health care economics with multi-government health care systems.
• Master's degree in health policy, business administration, public administration, or a related discipline.
• Experience in medical device or pharmaceutical industry health policy/strategic reimbursement experience.
• Experience with industry clinical trial management

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):$204,000.00 - $306,000.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

This position is eligible for an annual long-term incentive plan.

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

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 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.

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 find here 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.