Contract Strategy & Business Engagement Manager
Contract Strategy & Business Engagement Manager
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Job Description
JOB DESCRIPTION:
Abbott is a global healthcare leader creating breakthrough science to improve peoples health. Were always looking towards the future anticipating changes in medical science and technology.
Working at Abbott
At Abbott you can do work that matters grow and learn care for yourself and family be your true self and live a full life. Youll also have access to:
Career development with an international company where you can grow the career you dream of.
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
An excellent retirement savings plan with high employer contribution
Tuition reimbursement the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelors degree.
A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
The Opportunity
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare with leading businesses and products in diagnostics medical devicesnutritionals and branded generic medicines. Our 114000 colleagues serve people in more than 160 years Abbotts medical device businesses have offered technologies that are faster more effective and less its glucose monitoring systems innovative therapies for treating heart disease or products that help people with chronic pain or movement disorders our medical device technologies are designed to help people live their lives better and healthier. Every day our technologies help more than 10000 people have healthier hearts improve quality of life for thousands of people living with chronic pain and movement disorders and liberate more than 500000 people with diabetes from routine fingersticks.
Our team in Austin TX (or Alpharetta GA) is looking for a Contract Strategy & Business Engagement Manager.
This person will spearhead the development execution and optimization of contract pricing strategies for all Cardiovascular contracting businesses. This role entails shaping and deploying innovative pricing frameworks ensuring compliance with legal and organizational standards and driving operational excellence through governance and continuous improvements. The ideal candidate will act as a pivotal liaison across internal teams and external partners to foster collaboration achieve financial objectives and uphold market competitiveness.
What Youll Work On
Spearheads the evaluation development and execution of contract pricing strategies across all Cardiovascular business units ensuring alignment from requirement definition through deployment including comprehensive timeline and implementation plans as well as risk mitigation measures.
Collaborate with Cardiovascular business units to devise channel strategies and provide financial modeling for brand strategies while consulting with Legal and OEC to mitigate risks.
Collaborates with Cardiovascular business units to develop and refine channel strategies including educating internal stakeholders serving as a liaison for Enterprise Accounts and consulting with Legal and OEC to ensure contracts comply with legal requirements and mitigate undue risk or exposure.
Assess contracting strategies for feasibility ensuring they are executable within existing processes systems and resources.
Establish robust quality controls and governance frameworks to adhere to pricing policies and business obligations.
Manage the execution and communication aspects of Enterprise Accounts pricing and contract pricing strategies including supporting the preparation of materials for pricing committee meetings hosting pricing committee calls communicating pricing and access strategy to senior leaders modifying distributing and documenting approvals.
Collects and analyzes data on contracting pricing strategy efficiencies to identify opportunities for improvement and drives continuous enhancements in pricing and contracting processes tools and methodologies to boost efficiency effectiveness and scalability ensuring support for long-term business growth.
Ensure strict compliance with Medicaid Medicare and other relevant regulatory programs and provide guidance on legislative developments affecting government contracting.
Builds and nurtures strong relationships with internal stakeholders and external partners ensuring seamless communication of pricing strategies valuable insights and actionable recommendations.
Develops annual pricing guidelines to align with strategic objectives and ensures strict adherence to approved contract pricing strategies.
Conducts in-depth analyses to formulate optimal product pricing strategies taking into account costs competitive positioning regulations and market conditions.
As required attend Field Sales and other company meetings industry conferences and customer meetings to stay current on the competitive environment.
Execute additional responsibilities as needed to support organizational goals.
EDUCATION AND EXPERIENCE YOULL BRING
Bachelors Degree In Finance Healthcare Administration
Business OrMasters Degree In a relevant field preferred
Minimum 10 years experience preferably with a concentration in Contracting Pricing and/or Government Pricing
The incumbent must be able to evaluate the key issues surrounding team responsibilities perform business impact and implement the required solutions. Must have advanced financial analytical skills including bringing the numbers to life.
Incumbent must have excellent oral and written communication skills as job responsibilities include communicating with and presenting to various levels of management within Abbott.
The position requires an individual that can work well under pressure consistently meet deadlines and direct activities on several projects at one time. Incumbent will have to function independently and must provide the leadership required to initiate change and drive business forward to reach end business goals.
Ability to respond to change and to continually reprioritize to satisfy demands of rapidly changing environment. A solid understanding of the Medicaid laws Medicaid/Medicare
Fraud & Abuse statutes Anti-Trust Laws and Abbotts Corporate Compliance Program is necessary.
Strong data and financial modeling and analytical skills required. Excel Word and PowerPoint proficiency mandatory
Strong knowledge and understanding of revenue management system functionality (i.e. Model N Revitas etc.)
Proven track record of successful leadership management coaching/mentoring of teams and individuals and talent development
Preferred
Knowledge of healthcare regulations compliance issues ambulatory surgical center management and operations.
Ability to thrive in a collaborative and dynamic environment.
Strong organizational project management sophisticated communication skills with the ability to create impactful presentations.
Learn more about our health and wellness benefits which provide the security to help you and your family live full lives:
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer committed to employee diversity.
Connect with us at on Facebook at on Twitter @AbbottNews and @AbbottGlobal
The base pay for this position is
$111300.00 $222700.00In specific locations the pay range may vary from the range posted.
JOB FAMILY:
Pricing
DIVISION:
MD Medical Devices
LOCATION:
United States > Austin : 8701 Bee Caves Rd
ADDITIONAL LOCATIONS:
United States > Alpharetta : 3650 Mansell Road
WORK SHIFT:
Standard
TRAVEL:
Yes 5 % of the Time
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day) Keyboard use (greater or equal to 50% of the workday)Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: EEO is the Law link - Espanol: Experience:
Manager
Employment Type
Full-Time
Key Skills
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