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Analyst III, Health Economics

2 months ago

Arden Hills, Minnesota, United States Boston Scientific Full time

Additional Location(s): N/A

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit- High Performance

At Boston Scientific, we'll give you the opportunity to harness all that's within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we'll help you in advancing your skills and career. Here, you'll be supported in progressing - whatever your ambitions.

About the role:

Do you have passion for improving access to care? Are you excited to build programs to inform healthcare policy, articulate the value of medical technology and engage with providers, healthcaresystems and payers? Do you have the desire to be in a highly visible and influential role in a well-established medical device industry leader? Then you may be an excellent candidate for a strategic reimbursement role within our Health Economics and Market Access team supporting Boston Scientific's Electrophysiology (EP) business. This position will lead the analysis of key healthcare data sets to support the development and implementation of health policy and reimbursement initiatives.Primary Location:Arden Hills, MN; or remote with periodic travel.This strategic reimbursement contributor within the Health Economics & Market Access team for the Electrophysiology division will work in close collaboration across departments including marketing, clinical trials and scientific communications.

Your responsibilities will include:

  • Lead health economics data assessments working with divisional staff and key internal and external stakeholders.
  • Utilize knowledge of available data assets (e.g. Medicare claims data, CMS payment information, etc.) to identify research opportunities and define/execute analyses in support of business unit objectives.
  • Identify key health economics data needs for emerging BSC platform products working with health economics colleagues to determine actions required.
  • Deliver messaging based on manipulating and interpreting health economic data
  • Monitor and assess health policy updates impacting the business' emerging technologies and commercially marketed products. Develop related communications to inform senior management.
  • Recommend, select, maintain, and update health economic and reimbursement resources for the EP business unit, including coding guides and reimbursement calculators.
  • Develop and promote analytical best practices within and across product franchises. Research and apply new techniques for advanced analyses, create, monitor, review, and improve methods and techniques continuously.
  • Develop and deliver educational content on health policy, reimbursement, and documentation topics for HEMA colleagues, cross-functional colleagues, and sales team representatives.
  • Support HEMA Analyst colleagues in reviewing customer inquiries and assisting with responses as needed.
  • Conduct analytics to support Senior HEMA team members and global HEMA partners in development of market access assessments, health economic and clinical strategy to facilitate global reimbursement and funding, and influence EP Franchise plans.
  • Provide appropriate in-service training to increase awareness and understanding of health economics and reimbursement opportunities in supporting a product's success.
  • Collaborate with colleagues to inform strategic activities related to health economic research, health policy and business development.
  • Serve in the review and analysis of annual CMS rulemaking for IPPS, OPPS, ASC and PFS. Collaborate with HEMA Analysts to prepare internal and external communications. Collaborate with Corporate HEMA team to develop comments in response to topics of importance to the EP business with strategic guidance from HEMA Directors to positively influence our business.
  • Maintain proficiency in current and evolving health policy topics (e.g. VBP, MIPS, TCET, Telehealth, AI) to inform HEMA strategies and landscape assessments, especially for emerging markets.
  • Successful candidates will have excellent technical expertise in the areas of health policy, facility and physician reimbursement.
  • Candidates will exhibit outstanding communication skills with the ability to present complex information to a broad and diverse group of stakeholders.
  • US-focused overnight travel estimated at 5-10%.

Required qualifications:

  • Bachelor's degree or post-secondary education, preferably in a healthcare related field
  • 3+ years experience in or with the medical technology industry
  • Demonstrated knowledge of U.S. healthcare systems including health policy trends, payment systems (inpatient/outpatient/physician/ASC) and associated documentation/coding requirements
  • Ability to advance initiatives independently and in a fast-paced matrix environment with minimal supervision
  • Knowledge and understanding of the healthcare industry and healthcare systems
  • Understanding of hospital financial systems and management practices
  • Analytical experience utilizing large data sets to draw conclusions about market size, targeting, opportunity assessment
  • Ability to collect, organize, analyze, and disseminate significant amounts of information
  • Demonstrated ability to set and manage priorities, manage multiple projects
  • Computer literacy (Microsoft Office Suite)

Preferred qualifications:

  • An advanced degree in health policy, health economics, healthcare administration, health services research, public health or similar discipline is highly desired.
  • Outstanding interpersonal skills including developing relationships at all levels in an organization and directly influencing business objectives.
  • Knowledge of CPT codes, relative value units (RVUs), HCPCS codes, Ambulatory Payment Categories (APCs), ICD-10 diagnosis and procedure codes, and MS-DRGs
  • Knowledge of cardiovascular coding and documentation
  • Experience answering health economic questions using large datasets
  • Ability to present complex health economic information to influential groups in understandable, credible, and engaging ways.
  • Experience working as part of both functional and cross-functional teams.
  • Customer-facing experience (i.e., customer service, complaint handling, etc.)
  • Strategic thinking

RSRBSC

Requisition ID:583079

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most - united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do - as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn't just business, it's personal. And if you're a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. Boston Scientific is proud to be an equal opportunity and affirmative action employer.

Boston Scientific maintains a prohibited substance freeworkplace. Pursuant to Va. Code * , Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company's policies or protocols change with regard to COVID-19 vaccination.



Boston Scientific is an Equal Opportunity Employer – Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Disability, Veteran