Contract Specialist-Intermediate

Responsible for managing the full lifecycle of healthcare contracts and procurement activities to support hospital operations, clinical services, and patient care. This role negotiates, drafts, and administers contracts; evaluates vendor proposals and pricing; ensures compliance with healthcare regulations and institutional policies; and collaborates with clinical, administrative, and supply chain stakeholders to secure high-quality, cost-effective goods and services while mitigating operational, financial, and regulatory risks.

• Oversees and prepares healthcare contract documents from initiation through execution, including agreements for clinical services, medical equipment, pharmaceuticals, and hospital vendors.
• Ensures contracts include all required state and healthcare-specific legal and regulatory clauses, including compliance with applicable federal and state healthcare laws (e.g., HIPAA, CMS requirements).
• Reviews, negotiates, drafts, revises, and amends contracts to ensure compliance with institutional policies, healthcare regulations, and hospital operational standards.
• Participates in the development and fulfillment of contract requirements to support clinical operations, patient care delivery, and hospital support services.
• Evaluates cost estimates for supplies, equipment, and services, including analysis of pricing, performance requirements, and delivery timelines to support efficient hospital operations.
• Reviews vendor proposals and bid responses for goods and services to ensure alignment with contract requirements, regulatory standards, and hospital needs.
• Negotiates contracts and amendments with vendors, service providers, and suppliers, focusing on cost containment, quality outcomes, and service reliability.
• Coordinates with clinical, administrative, and supply chain departments, serving as a liaison between the hospital and vendors to ensure successful contract implementation and performance.
• Assist with ongoing contract monitoring throughout the lifecycle, including compliance tracking, renewals, amendments, and terminations, ensuring continuity of critical healthcare services.
• Assist with contract closeout activities, ensuring all deliverables are met, regulatory requirements are satisfied, and proper documentation is completed.
• Performs all other duties as assigned in support of hospital contracting, procurement, and operational objectives.

• Fundamental knowledge of project/program management, healthcare contract negotiation, purchasing, and full-cycle procurement processes within a hospital or clinical environment.
• Ability to analyze and develop optimal negotiation strategies by building rapport, actively listening, and identifying value-based trade-offs with vendors, physicians, and healthcare service providers.
• Detail-oriented with strong planning, organizational, and time management skills, particularly in managing healthcare contracts and compliance requirements.
• Ability to coordinate and support operational and clinical initiatives, ensuring contracts align with service standards, patient care goals, and regulatory requirements in a timely and professional manner.
• Ability to collaborate across departments, including clinical, administrative, and internal supply chain teams, to support hospital contracting and procurement initiatives.
• Ability to communicate clearly and effectively—both verbally and in writing—with internal stakeholders and external vendors regarding contracting, purchasing, compliance, and contract performance.
• Ability to review and analyze healthcare contracts to identify financial, operational, and regulatory risks, including compliance with applicable healthcare laws and standards (e.g., HIPAA, CMS guidelines).

Preferred Qualifications:

• Clinical or hospital contracting

Education

• Bachelor's Degree or related/equivalent experience is required