Contract Activation Analyst (Remote) at Stryker

Michigan City, Indiana, United States

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$60,100 – $121,600Compensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Medical DeviceIndustries

Requirements

Bachelor’s degree in Business, Accounting, Finance, Economics, or related field
Minimum 1 year of professional experience
Preferred: Experience with, and/or certification in contract lifecycle management and rebate & fee calculation tools and technologies (e.g., Model N) and ERPs
Preferred: Experience in medical device or technology industry

Responsibilities

Administer GPO and IDN contracts across multiple systems, ensuring accurate pricing and membership eligibility
Process Letters of Commitment (LOCs), GPO changes, and price activations in alignment with contract terms
Maintain GPO and IDN membership rosters and implement structured audit processes to validate accuracy
Analyze customer data and sales information to evaluate LOC requests and pricing eligibility
Support contract audit requests by providing documentation and pricing data to internal and external stakeholders
Collaborate with Customer Solutions team members throughout the contract activation cycle
Identify and implement process improvements to enhance efficiency and compliance
Manage relationships with internal teams such as Contracting and Customer Intelligence to ensure seamless operations

Skills

Key technologies and capabilities for this role

GPO contractsIDN membershipsContract lifecycle managementModel NERPPricing analysisAudit processesCustomer data analysisProcess improvements

Questions & Answers

Common questions about this position

What is the salary range for the Contract Activation Analyst position?

The salary range is $60,100 - $121,600 plus bonus eligible + benefits. Individual pay is based on skills, experience, and other relevant factors.

Is this Contract Activation Analyst role remote?

Yes, the role offers remote work flexibility.

What are the required qualifications for this position?

A Bachelor’s degree in Business, Accounting, Finance, Economics, or related field and minimum 1 year of professional experience are required.

What preferred experience is valuable for this role?

Experience with, and/or certification in contract lifecycle management and rebate & fee calculation tools (e.g., Model N) and ERPs, plus experience in medical device or technology industry are preferred.

What does the Contract Activation team at Stryker focus on?

The team focuses on ensuring accurate contract activation and pricing for customers, managing GPO and IDN memberships, administering contracts, and driving process improvements for efficiency and compliance.

Stryker

Develops and manufactures medical devices and equipment

About Stryker

Stryker develops and manufactures medical devices and equipment aimed at improving patient care and surgical efficiency. Their products include surgical tools, neurotechnology devices, and orthopedic implants, which are sold directly to hospitals and clinics. Stryker stands out from competitors by focusing on high-quality products and a commitment to advancing healthcare solutions. The company's goal is to enhance the overall healthcare experience for both patients and medical professionals.

Kalamazoo, MichiganHeadquarters

1941Year Founded

$423.3MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Medical & prescription plans

Supplemental health benefits

Flexible Spending accounts

Employee Assistance Program

Short-term & long-term disability

Tuition reimbursement

401(k) plan

Employee Stock Purchase Plan

Risks

Integration challenges from acquisitions may strain Stryker's resources.

Rapid tech advancements risk obsolescence of Stryker's current products.

Regulatory scrutiny on acquisitions could delay Stryker's market entry.

Differentiation

Stryker's acquisitions enhance its minimally invasive surgical solutions portfolio.

Entry into the peripheral vascular segment diversifies Stryker's market presence.

Stryker's focus on AI integration boosts diagnostic accuracy and operational efficiency.

Upsides

Growing demand for minimally invasive solutions aligns with Stryker's strategic acquisitions.

The orthopedic implants market growth benefits Stryker's expanding product line.

Stryker's acquisition of Inari Medical positions it in a high-growth vascular market.

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