Associate Contract Analyst, Diabetes
Medtronic is a global leader in healthcare technology, and they are seeking an Associate Contract Analyst to support the Managed Markets team within the Market Access Department. The role involves collaborating with cross-functional teams to ensure compliance with policy guidelines and maintaining operational excellence in the diabetes division.
Responsibilities
- Attend and actively participate in cross-functional Revenue Cycle meetings and projects, including Denial Management and Order to Cash initiatives (e.g., benchmarking, system improvements)
- Facilitate payor audits and internal Managed Markets projects related to the Revenue Cycle
- Research, document, and maintain payer requirements; educate and communicate guidelines specific to Durable Medical Equipment policies and State Mandates
- Identify, research, and resolve operational issues with payors, including Health Insurance Payment, Authorization, Licensing, Credentialing, and Contractual Guidelines
- Proactively interact with internal business units to review and finalize commercial agreements and pricing, and with external Health Plan customers to support negotiation of key contractual Terms and Conditions
- Gather and analyze payor data—including claim payments, product denials, sales orders, and profitability—to ensure contractual obligations are met
- Collaborate with and support Health Plan Solutions corporate account managers in overseeing assigned health plan operations
- Develop conclusions and recommendations, and present findings to Health Plan Solutions, Market Access, Managed Markets, and other business units across the revenue cycle
- Build collaborative relationships across revenue cycle divisions, proactively seeking opportunities to gather and produce data, identify issues, and target areas for development
- Participate in other related projects as assigned
- Less than 25% travel may be required as part of regular business duties
Skills
- High School Diploma or equivalent with 2+ years of relevant experience in Contracts or Pricing equivalent experience
- Associate's Degree with 1+ year experience
- Baccalaureate Degree
- Experience with licensing, credentialing, and accreditation for medical device manufacturers
- Knowledge of State Medicaid, CMS regulations, and Code of Federal Regulations (CFRs), particularly for Part B and Part D suppliers
- Understanding of healthcare industry systems, including the financial dynamics of managed care, health plans, and provider contractual relationships
- Working knowledge of pharmacy adjudication and operations (e.g., NDC coding, adjudication rejection handling, ship-to-soon edits)
- Familiarity with government and managed government programs
- Experience in medical billing, claims processing, claims collections, or DME order processing within the healthcare industry
- Proficiency in HCPCS coding, ICD-10 coding, modifiers, and unit of measure calculations
- Industry experience in medical device, healthcare, pharmacy contracting, or technology preferred
- Ability to handle multiple diverse responsibilities in a fast-paced environment
- Excellent time management, organizational, verbal, and written communication skills
- Strong problem solving, analytical, and decision-making abilities
- Skilled at resolving conflicts in a tactful and professional manner
- Effective team player and capable individual contributor
- Demonstrated ability to manage issues through resolution while keeping all stakeholders informed
Benefits
- Health, Dental and vision insurance
- Health Savings Account
- Healthcare Flexible Spending Account
- Life insurance
- Long-term disability leave
- Dependent daycare spending account
- Tuition assistance/reimbursement
- Simple Steps (global well-being program)
- Incentive plans
- 401(k) plan plus employer contribution and match
- Short-term disability
- Paid time off
- Paid holidays
- Employee Stock Purchase Plan
- Employee Assistance Program
- Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
- Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
Company Overview
Company H1B Sponsorship