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Full-Time

Senior Field Reimbursement Manager

East

Confirmed live in the last 24 hours

ReCor Medical

ReCor Medical

201-500 employees

Develops ultrasound technology for hypertension treatment

Hardware
Biotechnology

Compensation Overview

$168.7k - $189.5kAnnually

Senior, Expert

United States

Category
Healthcare Administration & Support
Medical, Clinical & Veterinary
Required Skills
Sales
Communications
Requirements
  • Previous experience or strong working knowledge of hospital finance or medical device industry specifically pertaining to health economics, reimbursement and service line implementation
  • Minimum of 7 years' experience in the medical device industry along with 3 years in a field reimbursement role for medical device
  • A minimum of a Bachelors degree is required
  • Comprehensive understanding of US health care policy and payment systems, including hospital and physician reimbursement
  • Ability to review aspects of medical documentation and verify medical criteria as cases are reviewed
  • Outstanding interpersonal skills, experienced developing relationships at all organizational levels to deliver business objectives
  • Ability to balance strategic thinking with detail planning and strong tactical execution
  • Demonstrates responsiveness and a strong sense of urgency
  • Ability to prioritize work tasks and manage multiple priorities concurrently and meet deadlines
  • Demonstrates comfort with ambiguity and the ability to adapt and refine continuously
  • Experience and comfort with complex concept sales involving changes in customer behavior or care-pathway
  • Ability to be perceived credibly and demonstrate excellent persuasion skills to achieve desired results
  • Experience working functionally and cross-functionally
  • Strong communication and collaboration skills
  • Ability to work independently
  • Travel: up to 70% of the time
Responsibilities
  • In conjunction with sales colleagues, work directly with hospitals to evaluate reimbursement activities and broader financial environment relating to ultrasound renal denervation by analyzing key customer needs including coding (CPT, ICD-10, DRG), claims denials, procedural documentation
  • Articulate a deep understanding of the commercial and government payer landscape including coverage policies and payment processes by identifying payer opportunities and issues and implement programs to resolve/mitigate barriers to entry for the Paradise system; this will include managing and addressing coverage policy issues with payers as necessary
  • Establish and maintain effective working relationships with key stakeholders (including Cath Lab staff, billing, Administration and Physicians) at hospitals engaged in uRDN procedures, with the goal of supporting the site in to establish and maintain a uRDN program through development and implementation of tailored reimbursement plans addressing coding, coverage & payment
  • Manage relationships with Commercial Insurance service carriers to optimize reimbursement environment and coverage for the Paradise system
  • Present complex health economic information to influential and diverse groups in a way that is engaging, credible, and easily understood
  • Create training materials and deliver education programs to sales force, physicians, medical directors, billing personnel, distributors, and other internal and external stakeholders as required
  • Assist Regional/District Sales Managers in the development, implementation, and managements of strategic initiatives within geography. Support sales and clinical teams with reimbursement questions and challenges
  • Utilize in-person & virtual meetings to educate and train sales team individually or in groups on health economic tools and messaging and the compliant use of economic tools
  • Comply with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments
  • Ensure compliance requirements for delivery of field or virtual reimbursement support services are fully met
  • Serve as the field liaison to the Recor Market Access team by delivering customer insights, trends and challenges gathered from the field
  • Experience with new technologies/therapies where coverage is provided on a case-by-case basis and has demonstrated effective partnership with Patient Therapy Access teams

ReCor Medical focuses on treating hypertension, a condition that affects over 1 billion people globally. The company has created the Paradise System, which utilizes non-focused ultrasound technology to perform renal denervation, a procedure that targets kidney nerves to help lower blood pressure. This system is particularly beneficial for patients who do not respond well to standard blood pressure medications. ReCor Medical is dedicated to clinical research and development to ensure the safety and effectiveness of its technology, and it generates revenue through the sale of its medical devices and partnerships with healthcare providers. The company is also involved in significant clinical trials, such as the RADIANCE Global Program, aimed at validating the benefits of renal denervation. ReCor Medical's goal is to provide a new treatment option for hypertension, addressing a major global health challenge.

Company Stage

Series D

Total Funding

$37.9M

Headquarters

Palo Alto, California

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • The FDA approval of the Paradise System opens up substantial market opportunities in the U.S. for ReCor Medical.
  • ReCor Medical's commitment to innovation and early intervention in hypertension treatment can lead to significant advancements in patient outcomes.
  • Strategic leadership appointments, such as the new CEO from Siemens Healthineers, bring valuable expertise and direction for global commercialization.

What critics are saying

  • The high reliance on clinical trial outcomes for regulatory approvals can pose significant risks if results are unfavorable.
  • The competitive landscape in hypertension treatment, including potential advancements from larger medical device companies, could impact ReCor Medical's market share.

What makes ReCor Medical unique

  • ReCor Medical's Paradise System uses non-focused ultrasound technology for renal denervation, a unique approach in the hypertension treatment market.
  • The company's strong focus on clinical research, exemplified by the RADIANCE Global Program, sets it apart in validating the efficacy and safety of its technology.
  • ReCor Medical has achieved a significant milestone with FDA approval, positioning it ahead of competitors in the renal denervation space.