Senior Market Access Specialist at Medtronic

Mounds View, Minnesota, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Understands the US healthcare market, reimbursement systems, US hospitals, and broader healthcare landscape
Experience with healthcare data analytics and value analysis to drive commercialization and adoption of key products
Ability to assess market dynamics and economic value of new technologies
Ability to develop strategies to demonstrate and communicate economic value
Ability to develop tools and materials to communicate information to customers
Experience working with internal stakeholders (e.g., Marketing, Clinical, Health Economics, Reimbursement teams) and external stakeholders (e.g., hospitals, physicians, payers)
Ability to inform and educate Cardiac Rhythm Management leadership, Operating Units, Strategy Teams, and Field Teams on market dynamics related to reimbursement and health economics
Ability to articulate the impact of reimbursement, healthcare environment, and policy initiatives on businesses, products, and stakeholders

Responsibilities

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
Creates training and delivers education programs to sales force, physicians, hospital administrators, medical directors, and billing personnel
Develops and executes strategies to remove patient access barriers
Drives commercialization and dissemination of reimbursement and healthcare economic information for the Cardiac Rhythm Management operating unit
Partners with internal and external stakeholders to develop market access strategies and resources for products and procedures

Skills

Market Access

Reimbursement

Health Economics

Commercialization

Stakeholder Management

Healthcare Policy

Strategic Planning

US Healthcare Market

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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