Contract Specialist

Contract SpecialistThis role follows a hybrid work schedule, with required onsite work every Tuesday and Wednesday. Employees will work from either 1 Corewell Health Place or the Consolidated Service Center.Job SummaryWith minimal supervision, the Contract Specialist acts as the subject matter expert for all contract-related activities. This includes developing and collaborating with other sourcing team members regarding the negotiation of contract terms, conditions, modifications, penalties, and incentives, as well as working with key stakeholders to ensure that their requirements are met. This position will analyze and evaluate change to drive continuous improvement in the process of contract management and contract management trends.The Contract Specialist leads the proactive, methodical management of agreements from initiation through execution, and renewal. Additionally, this position manages resolving problems, mitigating delays, mediating disputes, and escalating issues in the contract process. Contract Specialists at this level are competent to work in most areas of contract management but may require guidance in others.Essential FunctionsCreates a customer-focused, service-based approach to working with stakeholders and suppliers, which emphasizes the creation and cultivation of cross-organizational relationships. Accountable as a role model for customer service excellenceContributes to relationships with managers, business units, supply chain and suppliers to support objectives, influence key stakeholders and support strategic sourcing strategiesActively collaborates in the Contract Specialist Community of Practice (COP) and Subgroups in development of initiatives and achievement of outcomesAssists with the development of all contracts, including but not limited to; leases, license agreements, amendments, terminations, purchase agreements, management agreements, and statements of work (SOWs)Manages the contract development process and assists with the negotiation process for sourcing initiatives. Enters/maintains current information in the internal contract repository and the system contract databaseAssists in the development of audit strategies to ensure all contracts remain in compliance. Continuously participates in process improvement initiatives and acts as a champion for changeGains knowledge of 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 contractsManages contract review process to ensure timely delivery against objectives and contractual budgets, and informs internal customers, suppliers and management of activities and progress, through both verbal and written communications. With minimal supervision acts as the principal contract owner for all assigned contractsQualificationsRequiredBachelor's Degree2 years of relevant experience related fieldPreferred5 years of relevant experience negotiating and managing contract lifecyclesExperience in finance or contract managementHealthcare real estate experience, with knowledge of best practices for contract negotiation tactics and strategiesWorking knowledge of Stark and Anti-Kickback lawsAbout Corewell HealthAs 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 YouComprehensive benefits package to meet your financial, health, and work/life balance goals.On-demand pay program powered by PayactivDiscounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!Optional identity theft protection, home and auto insuranceTraditional and Roth retirement options with service contribution and match savingsEligibility for benefits is determined by employment type and statusPrimary LocationSITE - Corewell Health Place - 100 Corewell Drive NW - Grand RapidsDepartment NameStrategic Sourcing Direct - CorporateEmployment TypeFull timeShiftDay (United States of America)Weekly Scheduled Hours40Hours of Work8 a.m. - 5 p.m.Days WorkedMonday - FridayWeekend FrequencyN/A