Contracts Specialist

AT LIFENET HEALTH YOU ARE THE ADVANTAGE

Every day YOU help us to save lives restore health and bring hope to patients and families around the world. At LifeNet Health we cultivate growth innovation and collaboration where your contributions drive solutions that benefit humanity.

Together we are united by a mission greater than ourselves a purpose rooted in healing.

ABOUT THIS JOB
Location: Virginia Beach VA (on-site)

Department: Contracts

Schedule: Monday Friday 8:15 a.m. 5:00 p.m. (ET)

Clinical Status: Non- Clinical

HOW YOULL MAKE AN IMPACT
The Contract Specialist under the general direction of the Manager Contracts oversees contractual operations for company business units including drafting negotiating analyzing and maintaining contracts on behalf of the company. Provides analysis and recommendations to company business units on contractual needs manages the overall contract review process and associated workflows represents the company in contract negotiations and communicates companys contractual obligations to affected departments. Ensures alignment of contractual obligations with companys operational capabilities applicable legal requirements and company policies. Serves as the subject matter expert on all contractual matters before the company while consulting with leaders of company business units as well as other shared services departments such as Finance Marketing Quality & Regulatory Client Services and Legal.

Your work will have purpose every single day contributing directly to life-changing outcomes.

WHAT YOULL DO

• Contract Drafting Assessment and Negotiation: Analyzes contract terms and conditions to verify compliance with company policies applicable federal and state regulations and operational capability by affected internal company departments. Modifies proposed contract terms through redline draft revisions as necessary to meet company policy regulatory and operational capability requirements. Consults with key stakeholders across business operations contributing specialized knowledge and drafting terms and conditions that are operationally achievable. Negotiates contractual provisions directly with outside parties on behalf of the company advocating for companys business needs developing agreeable solutions for company and the outside party and binding the company to contractual terms. Audits and identifies problems and risks in current or proposed contracts contractual process or operations. Collects data establishes facts and draws valid conclusions to recommend and implement corrective actions and solutions. Troubleshoots contract-related discrepancies with companys external customers advising multiple internal departments and providing recommendations for resolution.
• Subject Matter Expert: Serves as the internal and external point of contact on all contractual matters before the company. Explains technical contract terminology company policy and applicable federal and state regulations to internal and external parties in understandable language. Advises companys business units and leadership on existing and proposed contracts by performing research on industry best practices communicating any regulatory specific requirements that may affect desired process or outcome identifying impacts on other departments determining scope of contract specifications and interpreting technical contractual requirements. Creates effective relationships and establishes constructive communication with all levels of personnel within the company to analyze and solidify an overall contract strategy to advance the companys needs. Creates and presents oral/written reports and recommendations within areas of assigned responsibility for company business units and leadership.
• Contract Lifecycle and Maintenance: Manages the contract lifecycle including identifying appropriate contractual vehicle and workflow operations securing and maintaining all necessary internal approvals contract generation reviews analysis negotiations maintenance termination and conclusion of post-termination obligations. Develops recommends and implements processes and workflows to improve the efficiency and effectiveness of company operations involving a contract. Ensures a consistent company-wide approach for contract regulation is maintained across business units. Self-monitors progress according to established contractual operations workflows to submit drafts lead reviews and timely communicates with internal and external parties. Performs due diligence on external parties to proposed contracts ensuring such party is an appropriate legal entity in good standing with no compliance financial or regulatory concerns and advises internal stakeholders of any potential issues and risks to company of moving forward with such external party. Achieves and maintains proficiency in the companys contract management system. Provides support and assistance to company personnel utilizing companys contract management system analyzing and resolving contractual-related issues. Assists with development of the contract management database for reporting and tracking start/end dates renewals terminations contract compliance issues and contract termination completion.
• Healthcare Volume Purchasing Management: Facilitates Group Purchasing Organization (GPO) and Integrated Delivery Network (IDN) membership activities. Maintains GPO membership rosters and initiates changes to add or remove affiliate accounts and then communicates changes in a timely manner to affected internal departments and field personnel. Expedites membership requests to comply with contractual requirements. Responsible for monitoring GPO activation portals. Performs due diligence on all affiliate accounts to maintain contractual and tier compliance. Collaborates with Strategic Services to inform business units on member compliance. Maintains all GPO price files for internal reference and to assist in the payment of administrative fees.

WHAT YOULL BRING
Minimum Requirements:

• Bachelors degree
• Two (2) years of corporate contract experience and/ or document management or relatable experience.

Preferred Experience/Skills/Certifications:

• Two (2) years of corporate contract experience and/ or document management or relatable experience in a healthcare industry.
• One (1) year of experience negotiating and drafting sales contracts.
• One (1) year of experience supporting an internal sales force.
• Adobe Acrobat: Ability to edit and format documents.
• Contract Management System: Experience with a cloud- based contract management system on the supply side.
  

Key Knowledge Skills & Abilities:

• Proficiency in Microsoft Office: Proficiency in Outlook (including a shared team calendar) Word and Excel.
• Problem Solving: Ability to work independently and in groups to solve problems.
• Multitasking & Time Management: Possesses developed interpersonal skills to work in a high profile and fast paced team environment under limited supervision. Ability to prioritize multiple competing priorities and manage time/ workload in a high- volume environment.
• Attention to Detail: Ability to perform tasks thoroughly and with care; checks work to ensure accuracy and completeness.
• Communication Skills: Demonstrates leadership presence and maintains confidentiality. Ability to communicate effectively both verbally and in writing.
• Interdependent/ Teamwork: Ability to work interdependently with cross functional teams and across all levels within the organization.

WHY JOIN LIFENET HEALTH

When you join LifeNet Health youre not just taking a job youre joining a mission-driven community dedicated to making a global impact through regenerative medicine. Youll be part of a workplace that values authenticity collaboration and the drive to make a difference.

We recognize that great work happens when people feel supported. Thats why our total rewards package is designed to help you thrive both professionally and personally.

Heres how we support YOU:

• Affordable Medical Dental and Vision Coverage- Comprehensive care that wont break the bank.
• Profit Sharing Plan- Share in the success you help create.
• 403(b) Retirement Plan- Invest in your future with confidence.
• Paid Parental Leave- 6 weeks to bond with your newest family member.
• Corporate Sponsored Events- Celebrate milestones and build connections.
• Generous Paid Time Off- Because balance matters:
  • 18 vacation days (based on position tenure and state laws)
  • 9 sick days (subject to local and state regulations)
  • 9 holidays (7 standard 2 floating)
• Flexible Work Program- For approved roles how and where you perform best.
• Tuition reimbursement- We invest in your growth and education.
• Career & Leadership Development- Expand your impact and potential.
• Wellness Program- Prioritize your health with holistic resources.
• Employee Assistance Program (EAP)- Support for you and your household.
• Incredible teammates- Collaborate with passionate dedicated professionals.
  

Note: All benefits are subject to eligibility requirements and may be modified at any time with or without notice unless otherwise required by law. This job posting does not constitute an employment contract and does not alter the at-will nature of employment at LifeNet Health.

COMPENSATION

Salary Range: $57363 to $76484 annually

Final compensation will be based on factors such as geographic location qualifications and prior relevant experience. The pay range for this position is $57363 annually (entry level qualifications) to $76484 annually (experienced in this role). Actual compensation may be higher based on the successful candidates knowledge and relevant experience.

EQUAL OPPORTUNITY EMPLOYER

LifeNet Health is an equal opportunity employer. We consider all qualified applicants without regard to race color religion sex sexual orientation gender identity national origin disability veteran status or any other legally protected status.

As part of our commitment to safety we maintain a drug-free workplace and conduct pre-employment substance abuse screening.