Contracts Manager - Medical Device

RXinsider LTD.; Nashville, Northern (TN, KY); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Education support

Job summary

RXinsider LTD. seeks an experienced professional to manage physician preference item contracts within the Medical Device Management team.

You will negotiate terms, review pricing amendments, and track engagements with HealthTrust members, ensuring robust and compliant agreements. Responsibilities include interfacing with HealthTrust Legal, coordinating strategies for onboarding new members, and training Contract Specialists.

Qualifications

• Bachelor’s Degree required.
• 5+ years of related experience.
• Experience in medical device contracting preferred.

Responsibilities

• Member and Supplier facing point of contact for development, coordination, and negotiation of agreements for MDM engagements.
• Review and negotiate pricing agreements and amendments for execution.
• Create and maintain project tracking tools for MDM client engagements.
• Interface with HealthTrust Legal to evaluate contract terms and correct discrepancies.
• Prepare quarterly reports reflecting completed work.
• Coordinate contracting strategies for new HealthTrust members and liaise with implementation teams.

Skills

Contract negotiation

Vendor management

Communication

Education

Bachelor’s Degree

Job description

Job Summary And Qualifications

Responsible for negotiating industry leading agreements for the Medical Device Management ("MDM") Team in the area of physician preference items. Objective is to ensure best in class contract terms and conditions. This individual will assist the MDM Team with the implementation of vendor agreements in the custom contracting area. He/she will be responsible for working with Contract Director(s) to oversee finalization of contract documents and amendments. In addition, he/she will assist in facilitating the custom contract process. This individual will also play a key role in negotiating terms and conditions of pricing agreements for (i) new HealthTrust members during onboarding process; and (ii) established HealthTrust member.

Responsibilities

• Member and Supplier facing point of contact for the development, coordination, and negotiation of agreements, including contract terms, for MDM engagements and implementation of new HealthTrust members.
• Review and further negotiate pricing agreements and amendments received by Contract Administration for execution.
• Create and maintain Contract Specialist Team’s project tracking tool(s) for MDM client engagements and agreements/amendments received for review from Contract Administration.
• Interface with HealthTrust Legal. Evaluate and determine appropriateness of contract terms and conditions. Identify and correct contract discrepancies.
• Prepare quarterly reports for Contract Specialist Team to reflect completed work.
• Complete special projects as assigned by Team.
• Work with Director and Contract Specialist(s) to coordinate contracting strategies for new HealthTrust members – determine appropriate grouping of agreements; negotiate terms and conditions of agreements; liaison with implementation team; keep implementation tracker up-to-date with status of negotiations and attend weekly update meetings.
• Assist Director in training Contract Specialist(s).

Requirements

• Bachelor’s Degree, required.
• 5+ years’ of related experience.
• Experience in medical device contracting, preferred.

Benefits

HealthTrust, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:

• Comprehensive benefits for medical, prescription drug, dental, vision, behavioral health and telemedicine services
• Wellbeing support, including free counseling and referral services
• Time away from work programs for paid time off, paid family leave, long- and short-term disability coverage and leaves of absence
• Savings and retirement resources, including a 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service), Employee Stock Purchase Plan, flexible spending accounts, preferred banking partnerships, retirement readiness tools, rollover support and financial wellbeing counseling
• Education support through tuition assistance, student loan assistance, certification support, dependent scholarships and a partnership with Galen College of Nursing
• Additional benefits for fertility and family building, adoption assistance, life insurance, supplemental health protection plans, auto and home insurance, legal counseling, identity theft protection and consumer discounts

Learn More About Employee Benefits

Note: Eligibility for benefits may vary by location.

In today's challenging business environment of cost pressures, supply disruptions, and workforce shortages, it is crucial for providers to efficiently manage expenses and enhance performance. HealthTrust, in collaboration with 1,800 hospitals and health systems, offers a specialized group purchasing organization (GPO) membership model designed to deliver immediate and sustainable cost savings. Their team of experts provides tailored value acceleration engagements to address specific needs, delivering unparalleled benefits. With nationwide purchasing power and a focus on overall spending management, HealthTrust offers unmatched pricing advantages on supplies, along with industry-leading benchmarks and best practices. The dedicated team is committed to guiding and implementing performance enhancements in cost, quality, and outcomes.

HCA Healthcare has been recognized as one of the World's Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years. HCA Healthcare spent an estimated $3.7 billion in costs for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.

"Bricks and mortar do not make a hospital. People do." – Dr. Thomas Frist, Sr.

HCA Healthcare Co-Founder

We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.