Contracts Manager

Mercy Medical Center

$66K — $119K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Economics, Healthcare Management/Policy, or related field
  • 1-5 years in corporate or hospital purchasing environment
  • Knowledge of ERP Systems required
  • Proficient in Microsoft Office Suite, especially Excel and Word
  • Understanding of contract clauses and negotiation strategies
  • Strong attention to detail and analytical skills
  • Ability to produce professional documents with advanced formatting capabilities

Responsibilities

  • Collaborate with vendors to optimize contract terms
  • Identify and pursue cost-saving opportunities
  • Standardize products across Mercy Health Services
  • Draft, redline, and execute contracts promptly and accurately
  • Research data to support purchasing agreement negotiations
  • Analyze pricing and develop negotiation strategies
  • Adapt to multiple tasks in a dynamic work environment

Benefits

  • Competitive health, prescription, vision, and dental benefits
  • 403(b) retirement plan with generous company match
  • Paid Time Off (PTO) and company paid holidays
  • Tuition reimbursement
  • Mental health resources through Employee Assistance Program
  • Employer-paid short and long-term disability benefits
  • Discounts on auto and home insurance, and Verizon plans
  • Mercy's Rewards & Recognition Program for employee excellence
Full Job Description
Summary

Mercy Medical Center is looking for an experienced Contracts Manager to work in its Health System. The primary responsibilities of the Contracts Manager includes working with vendors to achieve the optimal contractual position together, exploring savings opportunities, and coordinating product standardization efforts across Mercy Health Services. The Contracts Manager researches and develops background data to support the negotiation of agreements for the Mercy Health System, and has full responsibility for the timely and accurate drafting, redlining and execution of agreements.

  • Strong attention to detail and ability to analyze, develop and prepare detailed agreements in a timely manner.
  • Preparation of price/cost analyses, formulation of negotiation strategies, and the development of negotiation objectives.
  • A good and sound understanding of contractual clauses and redlining, and redlining of agreements.
  • Ability to work on multiple tasks and flexibility to adapt to a dynamic work environment to meet organizational objectives.
  • Capacity to produce professional documents in each program and incorporate the use of pivot tables, charts/graphs and advanced formulas.

Requirements

EDUCATION AND WORK EXPERIENCE
  • Education and Work Experience:
    • Bachelor's Degree in Business, Economics, Healthcare Management/Policy, or related field required.
    • Three to five years experience in a corporate or hospital purchasing environment.
    • Previous paralegal experience preferred.
    • Working knowledge of Supply Chain Management Systems.
    • Premier Connect ERP Knowledge is preferred.
    • Intermediate to advanced knowledge of Microsoft Office Suite, especially Excel& Word.
    • This is a hybrid role, with the requirement to be in the Baltomore office a few times per week at minimum.

SPECIFIC REQUIREMENTS
  • Knowledge, Skills and Abilities:
    • Microsoft Word, Power Point, Excel
    • Microsoft Outlook
    • Computer proficiency and technical aptitude with the ability to utilize one or more of the following:
    • Must be able to read, write, and speak the English language in an understandable manner.
    • Must be able to work independently and possess the ability to make independent decisions when circumstances warrant such action.
    • Must possess the ability to effectively communicate and deal tactfully with other personnel, visitors, patients, physicians, customers, and the general public.
    • Must be flexible, have personal integrity, and the ability to function effectively as a team with other employees.
    • Must be able to follow written and oral instructions.
  • Other Requirements:
    • Working knowledge of Supply Chain Information Systems.
    • Working knowledge of current contract management and supply expense reduction strategies.
    • Ability to effectively coordinate and assist in leading contracting and cost reduction initiatives in a positive and supportive manner.
    • Ability to manage self and environment during difficult situations dealing with peers, management, other functional disciplines, and vendor representatives.
    • Intermediate to advanced knowledge of Microsoft Office Suite, specifically Word, Excel, and PowerPoint.
    • Ability to produce professional documents in each program and incorporate use of pivot tables, charts/graphs, advanced formulas, and redline functionality.
    • Ability to quickly become super user of and staff resource for other software tools, including but not limited to project management software, Supply Chain Information Systems, and various business intelligence programs.

#LI-LF1

#INDHP

Min

USD $31.94/Hr.

Max

USD $57.49/Hr.

Salary Information

Compensation decisions are made in alignment with internal equity, role scope, and market data to ensure fair and consistent pay practices. Most new hires are typically placed within the lower to mid-portion of the range; offers above that level are reserved for candidates with advanced or highly specialized qualifications.

Benefits

Benefits Eligibility is based on your scheduled FTE status and Job Category
  • Competitive health, prescription, vision and dental benefits & wellness credit for eligible employees
  • 403(b) retirement plan with generous company match and "catch up" provision
  • Paid Time Off (PTO) & company paid holidays
  • Tuition reimbursement
  • Mental Health resources and other employee related wellness opportunities through our Employee Assistance Program
  • Employer paid Short & Long Term Disability benefits for eligible employees
  • Voluntary Benefits
  • Discounts on auto & home insurance and Verizon plans
  • Mercy's Rewards & Recognition Program rewarding employees for going above and beyond in living Mercy's Mission and Values

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