Medtronic is a leader in global healthcare technology, and they are seeking an Associate Contract Analyst to support the Managed Markets team within the Market Access Department. This role is critical for ensuring operational excellence and regulatory compliance while collaborating with various internal and external teams to drive successful market access strategies.
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
Medtronic is a healthcare technology company that designs and develops AI-based products and solutions for the medical industry. It was founded in 1949, and is headquartered in Minneapolis, Minnesota, USA, with a workforce of 10001+ employees. Its website is https://www.medtronic.com.Company H1B Sponsorship
Medtronic has a track record of offering H1B sponsorships, with 349 in 2025, 387 in 2024, 291 in 2023, 310 in 2022, 300 in 2021, 261 in 2020. Please note that this does not guarantee sponsorship for this specific role.
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