Regional Contract Manager – Enabling Technologies
Minneapolis, MN - USA
Job Summary
Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain restore health and extend life. Our 95000 employees work across more than 150 countries to put patients first developing innovative medical technologies that improve the lives of 72 million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose growth and impact.
A Day in the Life
At Medtronic we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. This position is remote to enhance our competitive edge and expand our cross-functional collaboration efforts. This role will require travel to enhance collaboration and ensure successful completion of projects.Careers that Change Lives
Across our global Neuroscience organization we advance care for some of medicines most complex neurological and spinal conditions. By combining innovative technology data-driven insights and deep clinical expertise we partner with physicians and health systems to improve how patients are treated and supported throughout their care journey.
Our Cranial & Spinal Technologies (CST) operating unit advances surgical care for spine and cranial conditions through an integrated ecosystem of implants navigation robotics imaging and planning tools. Platforms likeAiBLEenhance precision efficiency and outcomes for complex procedures us out on LinkedIn: Medtronic CST
The Regional Contract Manager has responsibility for working with the Cranial and Spinal Technologies (CST) sales organization to develop and implement regional and local based contracts that support Medtronic CST strategies and objectives. The primary responsibility will be to work with the sales and sales leadership team to develop strategies and tactics that support revenue and market share growth in regional Integrated Distribution Networks (IDN) and independent hospitals. Conduct other financial and operational analysis to support contracting strategies as needed. The Contract Manager will collaborate closely with cross-functional teams. This role requires a keen understanding of market dynamics to effectively negotiate terms and conditions. Additionally this position will involve monitoring contract performance metrics and identifying opportunities for continuous improvement to drive operational efficiencies and enhance customer satisfaction.
Responsibilities may include the following and other duties may be assigned.
Provide comprehensive business reviews enable programs and contracts to drive revenue monitoring pricing integrity and protecting margin will be key responsibilities.
Develop and implement regional contract strategies for local hospitals and Integrated Distribution Networks (IDN) that are consistent with corporate objectives and support the region corporate sales strategies.
Execute and monitor negotiated contracts from implementation to expiration to ensure accurate invoicing.
Support Customer Care Credit Financial Services and other organizations to resolve pricing discrepancies and other related issues.
Support the contracting needs of the geographical assigned region/s. This includes executing on pricing strategies strategy development in response to customer pricing requests and complying with the price governance process. Complete hospital requests in a timely manner in accordance with Medtronic pricing strategies terms and conditions.
Provide robust and accurate pricing analysis. Negotiate pricing under parameters as set forth by management in conjunction with Sales Legal and Marketing. Provide rationale behind pricing approvals to help facilitate positive outcomes in pricing discussions.
Support quarterly business reviews (for both internal and external customers) with local sales teams as needed. Participate in cross-functional teams to develop strategy and tactics for key business initiatives across different functional areas.
Must Have: Minimum Requirements
Bachelors Degree
Minimum of 5 years of relevant experience or an advanced degree with a minimum of 3 years prior relevant experience
Nice to Have
Demonstrated proficiency with Excel Spreadsheets Smartsheets Power Bi and SAP.
Experience creating Excel documents including spreadsheets formulas charts graphs and functions.
Experience in sales marketing purchasing healthcare or related areas
Knowledge of contract law
Proven ability to operate in a matrixed marketing environment and work effectively with sales
Proven ability to build and facilitate strong productive working relationships with a wide variety of crossfunctional teams and customer contacts.
Ability to identify analyze and solve problems with minimal direction and make decisions with confidence.
For Baccalaureate degrees earned outside of the United States a degree that satisfies the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A) is required.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
U.S. Work Authorization & Sponsorship
At Medtronic we are committed to fostering an environment where employees can thrive and make a meaningful alignment with our enterprise-wide workforce planning approach U.S. work authorization sponsorship (H-1B TN J etc.) is offered exclusively for Principal-level roles and above where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.
Recruitment Fraud Alert
We are aware of phishing scams targeting job seekers. Please keep the following in mind:
Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @ email addresses.
Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate.
If you receive a suspicious message claiming to be from Medtronic do not respond click links or open attachments.
If you have any questions concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic please contact us immediately at .
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits resources and competitive compensation plans designed to support you at every career and life stage.
The following benefits and additional compensation are available to those regular employees who work 20 hours per week: Health Dental and vision insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition assistance/reimbursement andSimple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees:Incentive plans 401(k) plan plus employer contribution and matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-qualified Retirement Plan Supplement (subject to IRS earning minimums) andCapital Accumulation Plan (available to Vice Presidents and above or subject to IRS earning minimums).
Regular employees are those who are not temporary such as interns. Temporary employees are eligible for paid sick time as required under applicable state law and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age color national origin citizenship status physical or mental disability race religion creed gender sex sexual orientation gender identity and/or expression genetic information marital status status with regard to public assistance veteran status or any other characteristic protected by federal state or local addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Required Experience:
Manager
About Company
About Medtronic Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an excit ... View more