Principal Reimbursement Analyst

MedtronicMinneapolis, MN
$138,400 - $207,600Remote

About The Position

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 Peripheral Vascular Health (PVH) is a dynamic business with annual revenue exceeding $1 billion across multiple high-growth therapy areas. PVH focuses on diagnosing and treating diseases of the peripheral arteries and veins, helping patients restore blood flow and reduce the risk of limb loss and other serious complications. The portfolio includes minimally invasive technologies such as drug-coated balloons, stents, atherectomy, thrombectomy, embolization, vein ablation, and embolic protection, designed to address complex peripheral vascular disease across a range of patient anatomies. By combining innovation, clinical evidence, and physician partnership, PVH aims to improve procedural outcomes and quality of life for patients worldwide. 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 10% of travel to enhance collaboration and ensure successful completion of projects. The Medtronic Peripheral Vascular Health (PVH) Health Economics, Policy, and Reimbursement (HEPR) team is seeking a Principal Reimbursement Analyst to support reimbursement strategy and execution across the U.S. portfolio. In this role, you will provide focused support for peripheral arterial disease (PAD), embolization, and superficial venous therapies, with a strong emphasis on payer coverage strategy, policy & downstream analytics, and customer‑facing reimbursement tools. You will work with payers, providers, and internal stakeholders to help improve access to and adoption of PVH products and therapies. As a Principal Reimbursement Analyst, you will be a hands-on individual contributor working to support reimbursement strategy and execution across the Peripheral Vascular Health portfolio. You will use coding, coverage, payment, and policy knowledge to develop analyses, tools, and resources that support therapy access, product launch readiness, and field execution. This role will generally be U.S.-focused but may include global reimbursement planning assignments as well. A typical day may include developing reimbursement tools and educational materials, analyzing Medicare and commercial payer policies, conducting reimbursement trend analysis and CPT, APC, and DRG payment modeling to support planning and decision-making. This role includes heavy use of Excel, Power BI, dashboards, and other analytic tools to turn complex information into clear, practical deliverables for internal teams, sales partners, and customers. You will also support market access analytics and payer analytics in partnership with HEOR, sales operations, and commercial teams, and participate in pilots using Copilot/Power BI and other AI‑enabled tools for rule analysis and payer policy tracking. The analyst may also support analysis of hospital and payer price transparency data to generate market access insights across the PVH portfolio. You will also represent HEPR on product development, launch, and clinical study workstreams by providing reimbursement input, partnering with therapy leads and health economics and outcomes research (HEOR) colleagues on evidence-related needs, and helping ensure reimbursement considerations are reflected in cross-functional plans. In addition, you will provide direct support and education to U.S. customers and sales teams on coding, coverage, payment, documentation, prior authorization, and appeals, serving as a key reimbursement resource for therapies that do not have dedicated reimbursement field support. Success in this role requires strong analytical skills, sound judgment, attention to detail, and the ability to work effectively and independently in a matrixed environment. This position will require occasional travel based on business needs and candidate location.

Requirements

  • Bachelor’s degree
  • Minimum 7 years of experience in reimbursement, health policy, health economics, health services research, or a related field, Or an advanced degree with 5+ in reimbursement, health policy, health economics, health services research, or a related field
  • Experience in the medical device, pharmaceutical, payer, provider, or health system environment.
  • Knowledge of U.S. medical device reimbursement, including coding, coverage, and payment concepts across Medicare and commercial payers.
  • Experience managing complex projects and working across cross-functional teams, with strong results orientation and attention to detail in ambiguous environments.
  • Strong analytical and problem-solving skills, with the ability to translate complex information into clear, practical recommendations and communicate key findings to internal stakeholders.
  • Knowledge of U.S. hospital-based medical device reimbursement, including healthcare coding, Medicare payment systems, and Medicare and commercial payer coverage processes.
  • Experience with reimbursement analytics, payment modeling, or market access insights.
  • Demonstrated ability to critically review clinical and economic literature/data.
  • Advanced Excel skills and experience using Power BI or similar analytic tools, with interest or experience in AI-enabled analytics (copilot) considered a plus
  • Ability to work independently, manage multiple priorities, and move work forward with limited oversight in a matrixed and sometimes ambiguous environment.
  • Strong written, verbal, and presentation skills, with the ability to clearly communicate analyses, recommendations, and implications to the HEPR team and cross-functional stakeholders.
  • Experience working in a matrixed organization and supporting global cross-functional business initiatives.
  • Strong prioritization skills and the ability to manage multiple projects effectively.

Nice To Haves

  • Advanced degree such as MPH, MHA, MBA, MS, or PhD, or post-graduate training in health policy, health services research, economics, biostatistics, epidemiology, public administration, health sector management, or a related discipline.
  • Familiarity with evidence development, health economic concepts, or payer-focused value communication.
  • Experience using advanced analytics, dashboards, or AI-enabled tools for policy and payer analytics.
  • Interest or experience in AI-enabled analytics (copilot) considered a plus

Responsibilities

  • Support HEPR activities on product development core teams and product launch teams, including launch readiness workstreams, cross-functional planning, evidence development activities, and reimbursement input for device and therapy strategy with specific emphasis on PAD, embolization, superficial venous programs
  • Evaluate coding, coverage, and payment considerations for devices and therapies within the portfolio and develop analyses and recommendations that support therapy adoption and selected market expansion opportunities.
  • Develop and execute reimbursement analyses and recommendations that support reimbursement strategies for devices within the therapy portfolio, including assessment of coding, coverage, and payment considerations and selected market expansion needs tied to therapy adoption, in collaboration with U.S. and global colleagues.
  • Represent HEPR on clinical study teams; partner with therapy leads, global HEPR partners, and HEOR colleagues to identify reimbursement-related evidence needs and support evidence development planning
  • Monitor commercial payer policy changes, track coverage criteria, analyze market trends, and develop analyses and materials that support therapy coverage strategy, payer engagement, and market access planning with particular focus on PAD, carotid, embolization and superficial venous therapies
  • Analyze Medicare and U.S. health policy proposals, assess reimbursement implications, and support policy and advocacy activities, including development of draft comments and supporting materials for CMS and other stakeholders.
  • Provide direct support and education for U.S. customers and sales teams on coding, coverage, and payment needs, including compliant guidance on billing requirements, documentation, prior authorization, appeals, and payer process navigation, with emphasis on elevated customer support for prior authorizations and denials
  • Develop and maintain reimbursement tools, guides, educational resources, and support materials used across therapies to support internal teams, sales partners, and customer reimbursement needs including payer submission packages, coverage landscape, value summaries and prior authorization toolkits
  • Conduct and communicate reimbursement trend analysis, CPT, APC, and DRG payment modeling, coverage analysis, and other market access insights through reports, dashboards, summaries, and presentation materials, with heavy use of Excel, Power BI, and other analytic tools and lead market access analytics and payer analytics/modeling to support local implementation of coverage in partnership with sales operations and field teams, and support analysis of hospital and payer price transparency data assets to inform PVH payer engagement strategies and support creation of customer facing/market access tools

Benefits

  • 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
  • Simple Steps (global well-being program)
  • 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)
  • Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
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