Strategic Sourcing & Contracts Leader (Healthcare)

Vizient; Centennial (CO); On-site; USD 89,000 - 156,000; Full time

Job summary

Vizient is seeking a senior strategic sourcing and contracting professional to lead cost-reduction initiatives for a clinically driven regional aggregation group. You will guide opportunity identification, strategy building, contract development, negotiations, and implementation with health-system stakeholders and suppliers.

Travel will be required as part of engaging members and partners, while leveraging Vizient benchmarking tools to optimize pricing and value.

Qualifications

• Relevant degree preferred. MBA or master's degree a plus.
• 5 or more years of relevant experience working in a contracting, contract management or supply chain related role required.
• Ability to think critically and effectively present information in a summary fashion utilizing Microsoft tools required.
• Demonstrated success in working in fast-paced, deadline driven environment.
• Health care contracting background with experience in successful contract negotiations preferred.
• Must possess strong relationship-building and strategic partnering skills.
• Willingness to travel.

Responsibilities

• Develop project plans and engage appropriate internal and external stakeholders to meet savings goals and business objectives through a variety of contracting strategies.
• Develop customized contract strategy recommendations for more complex contracting needs (e.g., physician preference, clinical preference, purchase services, capital) to reduce spend, improve operational efficiencies, maximize delivered value, and ultimately achieve a higher level of member satisfaction.
• Conduct and interpret financial analysis, market trends, and consult with subject matter experts to formulate contract strategy recommendations.
• Conduct ongoing price monitoring and contract maintenance utilizing Vizient benchmarking tools to review existing agreement market relevance and pricing for negotiations.
• Work with health-system stakeholders and teammates to identify new savings and contracting opportunities.
• Identify gaps in contracting portfolio to ensure realization of engagement value.
• Present savings initiatives and conduct contracting updates at engagement meetings.
• Create strong relationships with suppliers, and internal and external customers across all product and service lines.
• Conduct the bid process and generate Request for Proposals (RFP's).
• Work with suppliers on specific terms and conditions and pricing to achieve market relevant value.
• Cultivate and build strong relationships with key internal stakeholders such as legal, analytics, backend systems, and the team supporting aptitude sourcing platform.
• Adapt to changing conditions and new challenges that face our member hospitals with agility and help them find strategies and cost savings to weather adversity and overcome new challenges.

Skills

Contracting

Contract management

Supply chain

Relationship-building

Strategic partnering

Microsoft Office

Education

MBA or master's degree

Relevant degree preferred

Job description

Vizient is seeking a senior strategic sourcing and contracting professional to lead cost-reduction initiatives for a clinically driven regional aggregation group. You will guide opportunity identification, strategy building, contract development, negotiations, and implementation with health-system stakeholders and suppliers.

Travel will be required as part of engaging members and partners, while leveraging Vizient benchmarking tools to optimize pricing and value.