Clinical and Economic Research Product Owner

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Job Description:

Clinical and Economic Research (CER) Product Owner

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You’ll Make in this Role
As a Clinical and Economic Research (CER) Product Owner for inpatient classification methodologies including APR DRGs, MS-DRG and Tri-Care DRGs, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world.  We are an international leader in designing and maintaining healthcare payment and value-based care systems.  We support the United States and numerous other countries on how they budget and pay for inpatient and outpatient care and incenting high quality outcomes. This role would appeal to persons interested in playing a vital role in the equitable improvement of patient safety, quality of care, and population health globally and driving efficiency and value across the healthcare delivery system. Being part of a team that has more than 40 years of experience developing classification, grouping and reimbursement calculation systems globally for inpatient, outpatient and professional settings addressing patient safety, adverse event reduction, value based care and population health.  Here, you will make an impact by:

• Leading, directing, prioritizing, and managing the design and development of Clinical and Economic Research inpatient classification development including APR DRGs, MS-DRGs and Tri-Care DRGs solutions, to advance effective and efficient inpatient payment and utilization solutions, adjoining our quality and value based care solutions in conjunction with APR-DRGs, and ensuring its meaningful integration into end user operations to drive efficiency and overall quality outcomes.

• Guide business product owners driving APR-DRG, MS-DRG and Tri-Care DRG payment solutions across markets and products ensuring that top line revenue goals are met or exceeded while operating in a matrix

• Guide marketing and sales in understanding and communicating the value of the methodologies and enhancements to drive growth

• Advance and enhance solution impact and usability in improving payment accuracy and measure efficiency and quality by users across payer, provider, government, business partner, and non-profit clients.

• Lead high-performing cross functional team to deliver on-time in full error free regulatory compliant maintenance, modifications and enhancements for CER inpatient classification solutions.

• Champion Scrum principles throughout the organization and consistently implement all aspects of Scrum across the department scrum teams.  Working directly with the team ensuring that deliverable commitments are defined, road mapped, prioritized and met with clinically precise and accurate specifications, documentation and integration into our product solution. 

• Collaborate with research team to develop approaches that combine the power of categorical models with big data to drive further refinement of our models enhancing our analytic abilities to express and summarize clinically relevant results of analyzing big data making results that much more understandable and actionable across the entire health system.

• Champion Scrum principles throughout the organization and consistently implement aspects of Scrum across the department scrum teams.

• Gaining a strong and broad understanding of the applicable healthcare landscape and patient payment classification solutions from a global perspective. 

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Your Skills and Expertise 
To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

• Bachelor’s Degree or higher and a minimum of 7 years of experience in the health payer, software, services, industry in lieu of the bachelor’s degree education requirement

OR

• High School Diploma/GED or higher from an accredited institution and a minimum of 11 years of experience in the health payer, software, services, industry in lieu of the bachelor’s degree education requirement

AND

 In addition to the above requirements, the following is also required:

• 4+ years product owner experience in healthcare software or healthcare services development life cycle experience

 Additional qualifications that could help you succeed even further in this role include:

• Master's degree in business, healthcare related field, healthcare policy, health economics, clinical informatics, ie MBA, MPH, MPP
• 4 years healthcare organization experience (e.g. government payer, provider, hospital, insurance company, health care consulting, software, research, services firm)
• Strong project management skills and process and detailed oriented with innate ability to focus on details and manage complex multi-phase projects on time in full.
• Strong knowledge of healthcare payment policy attained within the US or Internationally.
• Expert storyteller with the ability to connect the dots between solution use cases and target markets, their needs and impact of our solutions in a unique and effective way.
• Experience of working with and/or within health systems, health plans government/regulators, value-based care arrangements, pay for performance models, advanced payment models, quality outcome models
• Strong collaborator with the ability to unite across development teams, marketing, sales, other business units with a passion for research keeping a strong pulse on the market and trends.
• Highly motivated person that can execute work independently, well organized to ensure the achievement of overall business unit objectives. 
• History of strong presentation and writing skills on complex topics in a way that experts and non-experts will understand.
• Evidence of thought leadership demonstrated through speaking engagements, interviews, blogs, articles

Work location:

• Remote

Travel: May include up to 10% domestic/international

Relocation Assistance: Not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being 

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope. 

 By applying to this position, you acknowledge that Solventum recently publicly announced its intention to divest its Health Information Systems Business. See Solventum Announces Intent to Separate its Health Information Systems Business :: Solventum Corporation Newsroom. No decision has been made regarding the ultimate structure or timing of any potential transaction, and there can be no assurance that a separation will occur. Any transaction would be subject to customary approvals, including approval by Solventum's Board of Directors, regulatory requirements and other customary conditions. This position supports the Health Information Systems Business. If a future transaction involving that business were to occur, the impact on this role would be determined as part of that process and would remain subject to applicable legal requirements, approvals and business decisions.

Applicable to US Applicants Only:The expected compensation range for this position is $163,200 - $224,400, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-RewardsResponsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.  Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County.Solventum is an equal opportunity employer.  Solventum  will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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