Senior Product Manager

1 week ago

Chicago, Illinois, United States American Medical Association Full time
About the Role

We are seeking a highly skilled Sr. Product Manager to join our Health Solutions team at the American Medical Association (AMA). This is a hybrid position that requires 2 days a week in our Chicago office.

Key Responsibilities
  • Establish Solution Strategy
    • Develop and refine the strategic direction of the CPT product portfolio, driving innovation and meeting organizational goals.
    • Identify product gaps and generate new ideas to grow market share, improve customer experience, and drive growth.
    • Explore and create innovative solutions to challenges or opportunities, evaluating market potential.
    • Conduct in-depth business and financial analysis to evaluate market potential, pricing strategies, revenue projections, and return on investment (ROI) for product initiatives.
    • Develop and present business cases, including build/buy/partner recommendations, to inform strategic decision-making and prioritize product investments.
    • Work closely with executives and stakeholders to align the product strategy with the company's long-term vision and goals, effectively communicating the product strategy and managing expectations.
  • Product Management
    • Develop, manage, and communicate the product roadmap for CPT products, including releases with measurable milestones.
    • Leverage customer feedback and insights to drive decision-making on product functionality, feature set, and data elements.
    • Collaborate with clients, account management, and sales to understand customer needs related to current products and identify opportunities to expand products.
    • Develop and regularly review and update product pricing strategy, working with sales to establish documented pricing policies for the designated product line.
    • Identify key features, benefits, and value proposition.
    • Define and implement product management team processes, leveraging industry best practices.
    • Mentor, coach, and guide other product managers on the team.
  • Product Development and Launch
    • Define product requirements, epics, user stories, design, and workflows for product enhancements.
    • Collaborate with engineering to deliver features that meet a high-quality bar reliably.
    • Evaluate possible development approaches (internal development, vendors, partners) to ensure new platforms, products, and features meet development goals within timelines.
    • Work with marketing communications to define go-to-market strategy, including product positioning, key features, and benefits, and target customer.
    • Review existing CPT Content product line to ensure quality content and delivery.
    Requirements
    • Bachelor's degree in a health-related field or business, or comparable experience.
    • Minimum 10+ years of business experience, with a minimum of 5+ years in healthcare services, distribution, product management, business development, or a related field, and proficiency in Salesforce.
    • Experience with business development and relationship management, particularly with institutional buyers and/or government agencies.
    • Experience bringing content products to market in print, digital, web/online, and licensable form-factors.
    • Experience with clinical data transport standards (e.g., FHIR), content standards (e.g., CD, HL7), and terminology standards (e.g., SNOMED, LOINC, ICD-10, CPT, etc.) is preferred.
    • Experience in healthcare revenue cycle, payment integrity, billing, coding, and/or reimbursement is highly desirable.
    • Ability to build and maintain effective relationships with internal team members, apply data and insights to influence business and technical audiences, and drive measurable results.
    • Excellent business management skills, including forecast accuracy and pipeline development.
    • Strong oral and written communications skills, including presenting recommendations to senior leadership and evangelizing products in the marketplace.
    • 10% travel required.

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