Compliance Payment Processing Analyst

2 weeks ago

Mahwah, United States Stryker Corporation Full time

**Why join Stryker?**

**Who we want**:

- ** Dedicated achievers.** People who thrive in a fast-paced environment and are driven to complete projects that meet regulations and expectations.
- ** Self-directed initiators.** People who take ownership of their work and need no prompting to drive productivity, change, and outcomes.
- ** Data managers.** People who enjoy compiling, organizing and consolidating large volumes of data and reports.

**What you will do**:
As our **Compliance Payment Processing Analyst or Payment Auditing Analyst**, you will play a vital role in ensuring the accuracy, integrity, and compliance of Healthcare professional (HCP) payments within our organization. You will be responsible for meticulously reviewing payment records, identifying discrepancies, and providing suggestions on measures to mitigate risks. As an example, you will review and reconcile payment transactions as well as analyze appropriate documentation to ensure Stryker's guidance and contractual obligations are met. Additionally, you will collaborate with multiple internal business units to train, develop and implement payment processes efficiencies.
- This is a _**_hybrid role_**_ and we define hybrid as the ability to come into the office for meetings and/or trainings as needed. _

If you are a** great communicator** that is detail-oriented, have strong problem-solving and critical thinking skills, we invite you to join our team and contribute to our commitment to excellence in payment processing management.
- Auditing and processing of assigned Inventor-Consultant and Milestone payments.
- Subject matter expert on current HCPi guidance as it relates to HCP payments.
- Monitoring services (in real time) and follow-up for IC notes.
- Follow-up with the consultants on billing and any necessary adjustments.
- Partner with the business on service reconciliation, and amendments to ensure timely support and processing.
- Partner with HRP and AP on issues related to HCP payments.
- Partner closely with the executive assistant and royalty team on sending out quarterly IC Royalty letters.
- Train and assist with consultant activity planning system (CAPS), including service entry, billing, and troubleshooting in the system.
- Manage and follow-up as needed on Service closeout.
- Partner on the Evaluation Panel, managing all panel member billing and expenses.
- Flexibility with managing multiple Ad hoc requests.

**What you need**:

- Bachelor's degree in Business Administration, Finance or a related field.
- Experience with risk assessments or auditing is strongly preferred.
- A strong understanding of quality auditing management and experience navigating complex procedures and policies is preferred.
- Exceptional verbal and written communication skills, with the ability to collaborate effectively across all organizational levels.
- Demonstrated excellence in time management, coupled with the capacity to make independent judgments.
- Demonstrated creative problem-solving skills, providing innovative solutions to complex challenges with no clear-cut answers.
- Meticulous attention to detail and adeptness in conveying intricate issues in a clear and concise manner.
- Proficient record-keeping skills, ensuring accuracy and precision.

**About Stryker**:
**Our benefits**:

- 12 paid holidays annually
- Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program.
- Financial benefits include Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance.

For a more detailed overview of our benefits or time off, please follow this link to learn more: US Stryker employee benefits

**About Stryker**

**Know someone at Stryker?**

Stryker is driven to work together with our customers to make healthcare better. Employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required, depending on customer requirements, to obtain various vaccinations as an essential function of their role.

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