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Senior Market Access Specialist
Senior Market Access SpecialistMedtronic Plc • Saint Paul, MN, US
Senior Market Access Specialist

Senior Market Access Specialist

Medtronic Plc • Saint Paul, MN, US
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Senior Market Access Specialist

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

Our Cardiac Rhythm Management integrated Operating Unit offers devices and therapies that treat patients with abnormal heart rhythms and heart failure. It is comprised of three key businesses : Cardiac Pacing Therapies, Defibrillation Solutions, and Cardiovascular Diagnostics & Services. Together, we will transform the lives of people with cardiac arrhythmias and heart failure. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. This role will be based in Mounds View, MN.

The Senior Market Access Specialist is responsible for understanding the US healthcare market and working to remove patient access barriers. This position is focused on driving commercialization and dissemination of reimbursement and healthcare economic information for the Cardiac Rhythm Management operating unit. The Market Access Consultant serves as a key strategic partner to the Cardiac Rhythm Management business including Marketing and Clinical, and also partners with Health Economic and Reimbursement colleagues across Medtronic.

In this role, you will work with internal and external stakeholders to develop and execute strategies to remove patient access barriers. You will partner with other members of the Health Economics, Policy & Reimbursement team as well as external customers to develop market access strategies and resources for products and procedures within Cardiac Rhythm Management. You will assess the market dynamics and economic value of new technologies, develop strategies to demonstrate and communicate that value, and develop tools and materials to bring this information to customers. The Sr. Market Access Specialist understands the U.S. reimbursement systems, U.S. hospitals, and broader healthcare landscape; they have experience with healthcare data analytics and value analysis to drive commercialization and adoption of key products.

This individual reports to the Director, Market Access for the Cardiac Rhythm Management Operating Unit.

Role and Responsibilities

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

  • Provides reimbursement-related education and / or advice to product development teams, marketing, sales, regulatory, clinical and business leaders.
  • Identifies payer opportunities and issues and implements programs to resolve / decrease barriers to entry for the company's products or therapies.
  • Works closely with Strategic Reimbursement colleagues to understand the reimbursement landscape of therapies / products, and to develop educational collateral for customers.
  • Works closely with Health Economics and Outcomes Research colleagues to evaluate the economic impact of the use of therapies / products on payers, including the government.
  • Create training and deliver education programs to sales force, physicians, hospital administrators, medical directors, and billing personnel.
  • Creation and packaging of reimbursement and economic messages and materials that resonate with different stakeholders and customer segments, including topics such as reimbursement, health policy, procedure and program economics, and product value analysis.
  • Lead education activities for both the field economic team and the broader sales organizations focused on economics to support product launches, new indications and dissemination of new evidence.
  • Collaborate with Economic Research, Health Policy, and Marketing teams to ensure alignment on new evidence, economic messaging and integration with product management teams.
  • Responsible for market surveillance, including monitoring, studying and evaluation of healthcare landscape trends.
  • Develop and support market segmentation efforts across multiple stakeholder groups. Integrate segmentation approach throughout the organization.
  • Responsible for managing and utilizing relevant third party data sources and leveraging knowledge into program initiatives.

Must Have : Minimum Requirements

  • Bachelor's degree with a minimum of 4 years of health economics, health policy or reimbursement experience.
  • Or advanced degree with a minimum of 2 years health economics, health policy or reimbursement experience.
  • Nice to Have : Preferred Qualifications

  • Medical Device industry experience.
  • Deep understanding of the full healthcare landscape (payers, providers, hospitals, patients) and the impending changes from a fee-for-service to a fee-for-value world.
  • Strong Project Management skills with proven track record of effective collaboration in matrixed environment.
  • MS Excel, Powerpoint, and Word proficiency.
  • Strong communication skills written and verbal.
  • Strong visualization and marketing acumen.
  • Ability to distill complex information and evidence for broad audiences.
  • 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) : $104,800.00 - $157,200.00 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

    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.

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