Contracts Specialist Healthcare Supply Chain

Business and Contracts Analyst

Hybrid work schedule - Florida residency required

As Mount Sinai grows, so does our legacy in high-quality health care.

Since 1949, Mount Sinai Medical Center has remained committed to providing access to its diverse community. In delivering an unmatched level of clinical expertise, our medical center is committed to recruiting and training top healthcare workers from across the country. We offer the latest in advanced medicine, technology, and comfort in 12 facilities across Miami-Dade (including our 674-bed main campus facility) and Monroe Counties, with 38 medical services, including cancer care, 24/7 emergency care, orthopedics, cardiovascular care, and more. Mount Sinai takes pride in being South Florida's largest private independent not-for-profit hospital, dedicated to continuing the training of the next generation of medical pioneers.

Culture of Caring: The Sinai Way

Our hardworking, tight-knit community of more than 4,000 dedicated employees fosters an environment of care and compassion. Each member plays a vital role in our collective mission to deliver excellent healthcare through innovation, education, and research. At Mount Sinai, we take pride in our achievements, aiming to be a beacon of quality healthcare in South Florida. We welcome all healthcare professionals to join our thriving community and contribute to our pursuit for clinical excellence.

Position Responsibilities:

The ideal candidate will have some exposure to:

• Assesses value of new or renegotiated contracts identifying the best value from a cost/benefit perspective, including comparison of old pricing to new pricing, benchmark data, and cross reference of products
• Develops business cases for contract decisions maximizing the use of technology to aggregate volume manage data.
• Develops procedures to ensure efficient administration of contracts, including appropriate filing and management and professional purchasing practices and techniques.
• Provides counsel and support to the Purchasing staff, Supply Chain management staff, and other areas as identified to manage contract pricing and discrepancies.
• Participates in the Value Enhancement programs to negotiate new product request contracts, develop cost analysis, identify opportunities and implement cost saving projects/opportunities as needed. Works with Supply Chain Managers, committees and subcommittees providing reports and administrative support
• Provides analysis and support to monitor contract compliance. Investigates problems related to compliance shortfalls, develops reports, and provides solutions.
• Maintains Supply Chain Services decision support databases, collecting data from various electronic sources such as, production systems in structured changes, semi-structured and unstructured form as well as collected paper documents.
• Performs data management and entry using the Materials Management Information System's Contract Manager module.
• Compiles monthly trending reports for supply utilization and validates contractual changes and new contracts are working consistent with supply chain policies.
• Utilizes financial and related databases to provide Supply Chain Management and others with necessary data for decision-making and operational performance analysis.
• Assists with the development and maintenance of a comprehensive contract management program and supports the portfolio of master products, equipment and service.
• Utilizes Supply Chain Services systems to assist with the validation of cost-saving initiatives and their expected impact on the general ledger.
• Assesses data integrity including MMIS item master, contract module, and e-commerce use.
• Researches and collects data from hospital departments as needed in support of Supply Chain needs.

Requirements:

• 3 to 5 years' equivalent experience in business, healthcare, or related field analyzing data and making contracting recommendations and decisions.
• Bachelors Degree
• Familiar with Healthcare Material Management Information Systems and understanding of data extraction and management.
• Healthcare supply chain business procedures, creating/managing databases, creating/analyzing financial models using Excel or similar tools managing group purchasing organization (GPO) contracts, managing data in Materials Management Information Systems (MMIS), optimizing reports to provide decision support, complex contract terms and conditions, pricing/financial/market trend analysis, preparing/presenting executive summaries and presentations, analyzing/presenting quantitative and qualitative data to provide key insights and findings.
• Ability to clearly and effectively analyze data and communicate findings and recommendations to management/clinical staff and vendors, detail oriented, strong interpersonal/written/verbal communications, resourceful, problem solver, aptitude to learn and apply new software tools, ability to utilize publicly available sources/resources, ability to comprehend business process integration and communicate to supply chain staff, varying computer productivity applications, completes assignments expeditiously, takes initiative and proactive approach to all tasks, integrates team and work towards team goals, balances team and individual responsibilities, and supports supply chain management's and clinical resource manager's efforts.

Benefits

We believe in the physical and mental well-being of our employees and are committed to offering comprehensive benefits that fit their personal needs. Our robust employee benefits package includes:

• Health benefits
• Life insurance
• Long-term disability coverage
• Healthcare spending accounts
• Retirement plan
• Paid time off
• Pet Insurance
• Tuition reimbursement
• Employee assistance program
• Wellness program