Medtronic

Sr. Director Health Economics and Policy Research - CST

Lafayette, Colorado, United States

$60,000 – $90,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
InternshipJob Type
UnknownVisa
Medical Devices, Healthcare, PharmaceuticalIndustries

Requirements

Candidates must possess a Bachelor's degree and a minimum of 15 years of combined experience in health economics and policy research, including at least 10 years of managerial experience. They should have prior experience in the medical device industry, particularly with Medicare and Medicaid reimbursement, and a strong understanding of hospital marketing programs related to coverage, coding, and reimbursement.

Responsibilities

The Sr. Director Health Economics and Policy Research will evaluate the economic impact of products and therapies, develop hospital marketing programs, implement programs to resolve economic barriers, conduct financial audits, provide training and education programs, work with customers to develop advocacy campaigns, and collaborate with cross-functional leaders to promote cost-effective therapy adoption. Additionally, the role involves 25% travel and leading a remote/global team.

Skills

Health Economics
Policy Research
Medicare
Medicaid
Reimbursement
Hospital Marketing
Financial Audits
Advocacy Campaigns
Therapy Adoption
Team Leadership

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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