Our Ability Jobs

Job Information

Mayo Clinic Sr. Product Manager-MCS - Remote in Rochester, Minnesota

Why Mayo Clinic

Mayo Clinic is the nation's best hospital (U.S. News & World Report, 2021-2022) and ranked #1 in more specialties than any other care provider. We have a vast array of opportunities ranging from Nursing, Clinical, to Finance, IT, Administrative, Research and Support Services to name a few. Across all locations, you’ll find career opportunities that support diversity, equity and inclusion. At Mayo Clinic, we invest in you with opportunities for growth and development and our benefits and compensation package are highly competitive. We invite you to be a part of our team where you’ll discover a culture of teamwork, professionalism, mutual respect, and most importantly, a life-changing career!

Mayo Clinic offers a variety of employee benefits. For additional information please visit Mayo Clinic Benefits (https://jobs.mayoclinic.org/benefits/) . Eligibility may vary.

Position description

Position Overview: (Major Functions and Non-Essential Functions):

MCL is excited to have a new opening for a Senior Product Manager of Payer Relations and Value Based Medicine. This unique opportunity combines commercial and government payer knowledge with product management acumen. This individual should have a deep knowledge of both in and out of health plan network operations.

  • Support the company’s current reimbursement strategies including pre-launch activities for all MCS product lines and support ongoing operational support for both commercial and government payer strategies in hospitals, IDN, physician office, pharmaceutical and laboratory settings.

  • Responsible for supporting strategic partnerships with health plans established by Payer Relations to bring laboratory market knowledge and expertise to fee for service, value based and/or other population health payment methodologies.

  • Understand and drive operational requirements for insurers, employer groups and patients to support billing and collections

  • Bring market knowledge and expertise, combined with data insights to develop new strategies, and products to drive negotiations.

  • Responsible for both understanding pre- and post- launch activities and work with Payer Relations to understand metrics for measuring success that are in alignment with the value of the test or service.

  • Familiar with health economics and outcome research (HEOR) to support the development of economic models to support adoptions of MCL’s portfolio.

  • Develop a publication strategy that includes both clinical and economic evidence to support adoption and coverage of tests.

Collaborate with other product managers, physicians, marketing, sales, and other groups to guarantee a shared vision as new product and services are identified.

Responsible for setting the strategic vision, business requirements, roadmap and execution for their assigned portfolio through the creation of the annual operating plan, defining and delivery of annual revenue and profit targets, and creation and execution of the strategic roadmap in alignment with the goals and objectives of Mayo Collaborative Services OKR’s. Responsible for the entire product lifecycle beginning with the product strategy, and moving through exploration, ideation, innovation, prioritization, development, planning, execution and monitoring to ensure revenue growth, profit/loss, value proposition, and customer satisfaction goals are met. Will manage complex products/services where significant investment in infrastructure may be required. The SPM will be accountable to the success of multiple cross-functional teams responsible for development, innovation and investment plans and implementation of those complex products and services. This will require the ability to establish deep partnerships with multi-disciplinary experts and stakeholders in the areas of Product design, Engineering, Marketing, IT, Supply Chain, Finance, Business Development, Physician leaders, and Scientists to ensure the product/service line achieves business requirements and aligns to other organizational strategies and priorities.

Responsibilities involve ability to translate qualitative and quantitative analysis and documentation into sound business strategies and functional planning. The SPM role requires strong P&L knowledge and financial aptitude, as well as full life-cycle management experience. Must be adept and experienced in effectively collaborating with a direct sales team and working closely with both internal and external clients to understand and translate market needs into product and services solutions. Responsible for tracking the competitive marketplace landscape to benchmark strengths, weaknesses, opportunities, and threats. Proactively plans contingencies to lessen the impact of issues and risks, collaborates with internal and external subject matter experts to recommend solutions, demonstrates ability to effectively negotiate and manage needs and expectations among key stakeholders and project team members at department and enterprise level. The SPM must be effective and experienced in developing go-to-market strategies and marketing plans that enable achievement of strategic product roadmaps. The SPM will provide thought leadership to clients and our direct sales team as a subject matter expert with respect to their specific product portfolio. Effective in providing quarterly strategic and financial reporting and forecasting to executive leadership.

This Position is 100% Remote work; can work from anywhere

Qualifications

Bachelor's Degree (business, communications, advertising, marketing, statistics, engineering, technology, health care). 5+ year of product management experience with experience managing full product lifecycle for complex products or a family of products.

Additional qualifications

Demonstrated collaborative management ability with proven skills in leading without authority, results oriented with proven ability to work on a diverse range of activities and projects simultaneously; Strong communicator (written & verbal) with active listening skills. Ability to facilitate group/team discussions. Professional and reflects Mayo Clinic values and beliefs. Strong planning and organizational skills. Visionary, Proactive, and problem solver. Ability to effectively negotiate, strong conflict resolution skills, strong attention to detail and multitasking skills, and works well under pressure.

The incumbent must be able to work effectively in a consensus-style operation that expects and promotes teamwork while also having the ability to work individually. Must possess the ability to inspire trust and confidence and communicate effectively with internal and external audiences. The ability to maintain a high degree of professionalism and confidentiality is essential.

Preference for health care experience (clinical, management, technology, other) from some Product Manager roles.

Exemption status

Exempt

Compensation Detail

$115,918.40 - $168,084.80 / year

Benefits eligible

Yes

Schedule

Full Time

Hours / Pay period

80

Schedule details

Monday - Friday Day Shift

Ability to travel both Domestic and International

Estimated Travel 15-20%

This Position is 100% Remote work; can work from anywhere

Weekend schedule

As needed for possible meetings or conferences

Remote

Yes

International Assignment

No

Site description

Mayo Clinic is located in the heart of downtown Rochester, Minnesota, a vibrant, friendly city that provides a highly livable environment for more than 34,000 Mayo staff and students. The city is consistently ranked among the best places to live in the United States because of its affordable cost of living, healthy lifestyle, excellent school systems and exceptionally high quality of life.

Recruiter

Lynnette Fleshman

EOE

As an Affirmative Action and Equal Opportunity Employer Mayo Clinic is committed to creating an inclusive environment that values the diversity of its employees and does not discriminate against any employee or candidate. Women, minorities, veterans, people from the LGBTQ communities and people with disabilities are strongly encouraged to apply to join our teams. Reasonable accommodations to access job openings or to apply for a job are available.

As an Affirmative Action and Equal Opportunity Employer Mayo Clinic is committed to creating an inclusive environment that values the diversity of its employees and does not discriminate against any employee or candidate. Women, minorities, veterans, people from the LGBTQ communities and people with disabilities are strongly encouraged to apply to join our teams. Reasonable accommodations to access job openings or to apply for a job are available.

Equal opportunity

As an Affirmative Action and Equal Opportunity Employer Mayo Clinic is committed to creating an inclusive environment that values the diversity of its employees and does not discriminate against any employee or candidate. Women, minorities, veterans, people from the LGBTQ communities and people with disabilities are strongly encouraged to apply to join our teams. Reasonable accommodations to access job openings or to apply for a job are available.

DirectEmployers