What are the responsibilities and job description for the Director, Health Economics & Reimbursement position at Edwards Lifesciences Corporation?
Aortic stenosis impacts millions of people globally, yet it often remains under-diagnosed and under-treated. Edwards' groundbreaking work in transcatheter aortic heart valve replacement (TAVR) pioneered an innovative, life-changing solution for patients by offering heart valve replacement without the need for open heart surgery. Our Transcatheter Heart Valve (THV) business unit continues to partner with cardiologists and clinical teams to transform patient care with devices supported by clinical evidence. It's our driving force to help patients live longer and healthier lives. Join us and be part of our inspiring journey.
The Director, Global Health Economics and Reimbursement is a field-based role responsible for working directly with hospital executives, cardiovascular service line leaders and physicians to ensure they recognize the economic and clinical value of the transcatheter heart valve (THV) therapy. They will work directly with hospital leaders and physicians to deliver hospital economic analyses customized to each provider. This individual will also support the health care providers in obtaining optimal reimbursement (payment rates and market access) by serving as a knowledgeable resource in coding, coverage and payment, as well as, an intermediary to payers including Center for Medicare Services (CMS) and / or Medicare Administrative Contractors (MAC), Medicaid, Veteran Affairs (VA) and commercial payers.
The Director, Global Health Economics and Reimbursement will be located in either the Chicago or Minneapolis markets and support field activity in Illinois, Wisconsin, Minnestoa, Iowa, Indiana and will report to the Sr. Director West, Global Health Economics and Reimbursement.
How you will make an impact :
- Ensure THV value messages are consistently developed and delivered, and customer feedback on value proposition is communicated to internal THV leadership. This will necessitate a competence in developing, synthesizing, and presenting health economic analytics.
- Establish and maintain effective working relationships with key stakeholders at hospitals engaged in THV procedures, including hospital executives, cardiovascular administrators, quality, finance, documentation integrity, billing, and physicians (interventionists and surgeons), to support the site in establishing and maintaining a THV program through the development and implementation of reimbursement plans (coding, coverage, payment) unique to each provider.
- Ability to articulate a thorough understanding of the structural heart landscape, trends and market insights. A strong understanding of the commercial and government payor landscape including coverage policies and payment processes. This will include managing and addressing coverage policy issues with payors as necessary.
- Mastery of health economic and quality content : billing, coding, payment, coverage, policy, hospital finances, structural heart program innerworkings, cath lab and OR processes, clinic and procedural expertise, etc.
- Ability to identify needed additional expertise and quickly assimilate information and communicate trends, clinical research, policies, etc and how they will impact TAVR / SH business. Identifies market trends and customer needs and supports development of strategies and resources for their customers and team.
- Effectively able to manage demands and needs of multiple programs and customers. Provide high touch program support and build access to key leaders within each organization.
- Build a strategic relationship and serve as a supporting role to our aligned business partners including sales, marketing, government affairs, and medical / clinical affairs.
- Assist our Regional and Territory Sales Managers in the development, implementation, and managements of strategic initiatives within geography.
- Ability to travel up to 50% of the time within the geography to support programs and for internal meetings and conferences.
- Perform other duties and responsibilities as assigned.
What you'll need (Required) :
What else we look for (Preferred) :
Aligning our overall business objectives with performance, we offer competitive salaries, performance-based incentives, and a wide variety of benefits programs to address the diverse individual needs of our employees and their families.
For Chicago, the base pay range for this position is $166,000 to $235,000 (highly experienced).
The pay for the successful candidate will depend on various factors (e.g., qualifications, education, prior experience). Applications will be accepted while this position is posted on our Careers website.
Edwards is an Equal Opportunity / Affirmative Action employer including protected Veterans and individuals with disabilities.
COVID Vaccination Requirement
Edwards is committed to protecting our vulnerable patients and the healthcare providers who are treating them. As such, all patient-facing and in-hospital positions require COVID-19 vaccination. If hired into a covered role, as a condition of employment, you will be required to submit proof that you have been vaccinated for COVID-19, unless you request and are granted a medical or religious accommodation for exemption from the vaccination requirement. This vaccination requirement does not apply in locations where it is prohibited by law to impose vaccination.
Salary : $166,000 - $235,000
