Senior Contract Specialist
Corewell Health
Operations
Grand Rapids, MI, USA
Posted on Nov 9, 2024
Job Summary
The Senior Contract Specialist acts as the key contact and subject matter expert for all contract-related activities. This includes developing and collaborating with the sourcing team members regarding the negotiation of contract terms, conditions, modifications, penalties, and incentives, while working with key stakeholders to ensure that their requirements are met. This position analyzes and evaluates change to drive continuous improvement in the process of contract management and contract management trends. The Senior Contract Specialist leads the proactive, methodical management of agreements from initiation through execution, and renewal. Additionally, this position leads the resolution of problems, mitigation of delays, mediation of disputes and escalation of issues. Contract Specialists at this level are effective and self-sufficient in working within a diverse selection of contracts and suppliers, and regularly provide guidance and training to other Contract Specialists.
Essential Functions
Assists in the development of audit strategies to ensure all contracts remain in compliance. Continuously participates in process improvement stratifies and acts as a champion for change
Leads in the development of all assigned contracts, including but not limited to; amendments, terminations, purchase agreements, management agreements, statements of work (SOWs), and requests for proposal (RFP). Manages the contract development and negotiation process for facilities initiatives. Enters/maintains current information in the internal contract repository and system contract database
Provides mentoring to less experienced team members, and is accountable as a role model for customer service excellence
Gains knowledge on compliance and regulation changes affecting health care and works in a coordinated way with the legal and compliance departments to develop the appropriate strategies and methodologies to maintain compliance for all contracts
Creates a customer-focused, service-based approach to working with stakeholders and suppliers, which emphasizes the creation and cultivation of cross-organizational relationships
Act as the principle contract negotiator for all assigned contracts. Manages contract review meetings to ensure delivery against objectives and contract budgets; develops regular reports on contract milestones and performance; and informs internal customers, suppliers and management of activities and progress, through both verbal and written communications.
Administers commercial and financial arrangements with suppliers to include billing, invoicing, performance/penalty adjustments where appropriate. Participates in annual budget forecasting, variance tracking and internal charge backs, where appropriate
Create & improve operational processes & procedures to ensure best practices and compliance with regulatory requirements
Qualifications
Required
Bachelor's Degree Business, Finance, Accounting or related field
Preferred
7 years of relevant experience Negotiating and managing contract lifecycles
Experience in finance or contract management
Experience working with legal and procurement team
Skilled in best practices for contract negotiation tactics and strategies
Working knowledge of Stark and Anti-Kickback laws
About Corewell Health
As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement - to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.
How Corewell Health cares for you
Comprehensive benefits package to meet your financial, health, and work/life balance goals. Learn more here.
On-demand pay program powered by Payactiv
Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!
Optional identity theft protection, home and auto insurance, pet insurance
Traditional and Roth retirement options with service contribution and match savings
Primary Location
SITE - Corewell Health Place - 100 Corewell Drive NW - Grand RapidsDepartment Name
Strategic Sourcing IS and PHEmployment Type
Full timeShift
Day (United States of America)Weekly Scheduled Hours
40Hours of Work
8 a.m. - 5 p.m.Days Worked
Monday to FridayWeekend Frequency
N/ACURRENT COREWELL HEALTH TEAM MEMBERS – Please apply through Find Jobs from your Workday team member account. This career site is for Non-Corewell Health team members only.
Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.
Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.
An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.
You may request assistance in completing the application process by calling 616.486.7447.
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