Product Manager

Thank you for your interest in joining Solventum. Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best. At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers’ toughest challenges. While we continue updating the Solventum Careers Page and applicant materials, some documents may still reflect legacy branding. Please note that all listed roles are Solventum positions, and our Privacy Policy: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ applies to any personal information you submit. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Product Manager (Solventum)

3M Health Care is now Solventum

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
Solventum Health Information Systems (Solventum HIS) is a leader in helping commercial and government payers control costs and increase access to quality care using industry standards and Solventum clinically based methodologies developed and refined over more than 40 years. These reliable metrics help commercial payers, as well as most state Medicaid programs, analyze and track performance, reduce inefficiencies, and drive better outcomes.

The Product Manager demonstrates cross-functional leadership to develop and define strategy and identify a product vision for health plan solutions that focuses on risk adjustment optimization, quality, and financial integrity. The person in this position will collect voice of customer and analyze competitive landscapes to ensure that Solventum solutions meet the most critical customer needs. This highly visible role will provide strategic leadership to ensure Solventum delivers solutions to health plans that include the integration of medical and pharmacy claims with clinical/patient chart data.

The person hired for the position of Product Manager will join a team focused on delivering provider, payer and business partner solutions for Solventum and other methodologies used for payment, quality, and performance management by government and commercial payer programs. Solventum patient classification methodologies help health care payers and providers understand the value of population health and patient care by providing insights into patient mix, risk adjustment, expected reimbursement and quality outcomes. Rapid data enrichment delivered through a business intelligence platform, as well as structured extracts, empowers organizations to act sooner to drive change. This person hired for this position must be a team player who wants to be involved in healthcare transformation and works well in a collaborative and multi-faceted environment.

As a Product Manager, you will focus on developing solutions that enhance the accuracy of member risk scores (RAF scores) and improve quality metrics (such as HEDIS/Star Ratings) by leveraging data derived from medical claims, pharmacy data, and clinical charts. Here, you will make an impact by:

• Serving as the intersection between business, technology, sales, service, marketing, and the user experience
• Owning the product strategy, roadmap and feature definition of a product line focused on core risk adjustment capabilities using clinical and claims data
• Maximizing value from disparate data sources by integrating various data types (medical claims, pharmacy data, clinical charts, etc.) to identify and close documentation gaps
• Driving incorporation of AI-driven or rules-based algorithms to identify potential undocumented conditions and streamline coding workflows
• Utilizing clinical data to validate diagnoses, enhance coding accuracy, and support retrospective/prospective chart reviews to ensure high quality, compliant documentation

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 from an accredited university AND a minimum of Seven (7) years of experience in Healthcare Information Technology or Product Development.

OR

• High School Diploma/GED AND a minimum of 14+ years of experience in Healthcare Information Technology or Product Development.

AND

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

• Seven (7) years of experience working in the healthcare industry, preferably with experience across commercial, Medicaid and/or Medicare health plans, and healthcare providers.

• Seven (7) years of experience in product management, preferably with risk adjustment or population health technology.

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

• Strong knowledge of clinical data, medical and pharmacy claims, billing, member eligibility, and quality measures.
• Strong understanding of Medicare Advantage, ACA, or Medicaid risk adjustment models.
• Ability to work with large datasets containing claims and clinical data, with experience in medical coding and clinical workflows.
• Experience collaborating with engineering teams on healthcare platforms.
• Ability to analyze market trends and regulatory changes to drive product strategy.
• Familiarity with data warehousing and business intelligence terminology.
• Experience working within an agile development organization.
• Understanding of HCC, MS-DRG and APC, as well as proprietary Solventum methodologies, including APR DRG, EAPG, CRG, PPR, PPC, AM-PPC, PFP, and PFE.
• Demonstrate urgency, accountability, and results orientation, applying a growth mindset to support initiatives related to healthcare payment innovation, patient safety, operational efficiency, quality of care, and value-based care.

Work location: Remote US

Travel: May include up to 10%

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. 

Onboarding Requirement: To improve the onboarding experience, you will have an opportunity to meet with your manager and other new employees as part of the Solventum new employee orientation. As a result, new employees hired for this position will be required to travel to a designated company location for on-site onboarding during their initial days of employment. Travel arrangements and related expenses will be coordinated and paid for by the company in accordance with its travel policy. Applies to new hires with a start date of October 1st 2025 or later.

Applicable to US Applicants Only:The expected compensation range for this position is $143,200 - $196,900, 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-Rewards

   

Responsibilities 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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