Job Title

Field Economic Manager

Job Description

Field Economic Manager (Central, Mountain, or Pacific Time Zone preferred)

The Field Economic Manager is responsible for educating and engaging customers on coding, coverage, payment, and health policy related to Philips Image Guided Therapy Device products and services, aiming to minimize economic and reimbursement barriers for US patients and providers. This customer-facing role involves working across a range of accounts to ensure they stay informed on coding and policy changes, requiring initiative in proposing work plans and strategies under general supervision.

Your role:

Provide expertise on provider economics, coding, coverage, and payment for Medicare and commercial payers, ensuring clarity, accuracy, and compliance in all information and training related to Philips products.
Establish and maintain customer relationships through reimbursement-related engagement and collaboration with cross-functional teams including Sales, Marketing, Medical Education, and Legal and Compliance.
Deliver presentations to payers to improve reimbursement coverage policies, coding, and payment assignments, and partner with HEMAR and sales to address payer access issues, securing increased payer coverage for product lines.
Communicate reimbursement and health economic information effectively to stakeholders, tailoring complex information to the needs of diverse audiences, and support development of annual objectives and KPIs.
Participate in industry conferences to stay informed on health policy and reimbursement trends and collaborate closely with legal and compliance teams to ensure regulatory adherence in reimbursement activities.

Youre the right fit if:

You’ve acquired 2+ years of experience with Bachelor’s in areas such as Reimbursement and Health Policy Programs, Pharmaceutical/Biotech, Medical Devices, Healthcare Management, Consulting or equivalent OR no prior experience required with Master’s degree. The ideal candidate will have experience within the medical device industry and be considered a subject matter expert in the areas of medical coding, billing, and reimbursement for one or more procedures.
Your skills include expert knowledge and a strong understanding of hospital billing and coding infrastructure, including EMR, billing system, and personnel involved. You are knowledgeable about Reimbursement Model Development, US Reimbursement Policies & processes, as well as US Healthcare Coding and Billing Systems and Training delivery in these related areas.
You have a bachelor’s degree or higher in a related area (Health Sciences, Public Health, Business Administration, or equivalent) required, master’s degree preferred. Certified Professional Coder (CPC) preferred but not required.
You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.
You’re an excellent communicator with a strong customer and sales support attitude. You have an ability to communicate complex technical concepts in a simplified manner tailored to specific audiences and varied levels of technical competency. You are willing and able to travel up to 40% domestically.

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

This is a field-based role.

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we wont stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

Learn more about our business.
Discover our rich and exciting history.
Learn more about our purpose.
Learn more about our culture.

Philips Transparency Details

The pay range for this position in AZ, AR, ID, IA, KS, KY, LA, ME, MS, MO, MT, NE, NM, OK, SC, SD, TN, UT, and WV are $96,188 to $153,900.

The pay range for this position in AL, CO, FL, GA, IL, IN, MI, MN, NV, NH, NC, ND, OH, OR, PA, TX, VT, VA, WI, and WY are $101,250 to $162,000.

The pay range for this position in AK, DE, HI, MD, RI, and WA is $106,313 to $170,100.

The pay range for this position in CA, CT, MA, NJ, NY, DC, is $113,400 to $181,440.

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.

In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.

At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.

Additional Information

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

There is a preference to find someone based in either the Central, Mountain, or Pacific Time Zone.

This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.

Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.