Contract Analyst

Job Title: Contracts Analyst

Client: HealthTrust Workforce Solutions

Duration: 6 Months Contract

Location: Nashville, TN 37203.

Payrate: $27.80/hr on W2

Overview

Job Summary:

• Responsible for evaluating vendor files by analyzing, researching and correcting the information and making a determination on how the file should be processed into the information systems(IMS, Genesis, Upside, and IPC) which feeds the materials management system used by company, ROi Regard, Lifepoint and (SMART), CatScan, and direct data extracts used by the company membership.
• In addition the analyst will generate amendments to modify contracts supported by information from the contract management team, vendors and the company membership.
• This position entails collaborating with external and internal customers/departments/companies to improve and streamline processes and information systems while maintaining user confidence and protecting operations by keeping information confidential.
• Decisions made regarding the contracted data directly impact membership compliance, members’ contract association and visibility, customer service issue volume, spend and financial analysis accuracy, system functionality (system failures), facilities’ placement of purchase orders and vendor invoice accuracy, etc.

Responsibilities

Duties (included but not limited to):

• Evaluate vendor files by analyzing, researching and correcting the information and making a determination on how the file should be processed to load into the information systems
• Responsible for item integrity in large database of medical/surgical items (IMS) and pharmaceutical products (Genesis and IPC). Must perform research; analyze differences between items, and identify which items constitute new entries for database.
• Responsible for reviewing contract amendment language and determining whether current contract terms and conditions are affected and working with contract manager to resolve.
• Manage the grouping of current company COIDs within the Item Management System to direct, change, and create new lines of visibility to contracted pricing
• Manage the onboarding of new members by associating them to their applicable contracts and contract specific pricing (custom agreements)
• Generate amendments to modify contracts supported by information from the contract management team, the vendors and the company membership.
• Add and Delete items to/from agreements
• Extend terms of existing agreements
• Change pricing and/or unit of measure for contracted items
• Communicate contract portfolio changes to vendors and distributors
• Provide analytic and operational support for company National Agreements, company's Supply Chain for national and custom contracts.
• Research discrepancies identified by members, vendors, distributors, and internal audit; collaborating with all aforementioned entities to identify and resolve the discrepancy in a timely manner.
• Monitor project progress by tracking and logging activity, providing reports to leadership, and recommending actions required for proposed solutions.
• Evaluate existing system logic, operational processes, and procedures in order to propose solutions and/or make recommendations that will best solve end user problems and/or shape new functionality within existing applications.
• Work independently with minimum supervision.
• Develop, document, and educate team members on new business processes and supporting policies and procedures.
• Maintain professional and technical knowledge by attending educational workshops

Knowledge, Skills & Abilities:

• Analysis skills - knowledge of research techniques sufficient to collect, analyze, interpret, and communicate complex data effectively
• Interpersonal Skills - establish and maintain long-term relationships, building trust and respect by consistently meeting and exceeding expectations of business partners
• Reporting skills - experience collecting and correlating data from related technologies
• Computer skills – Advanced in Excel functionality and a strong proficiency in using MS Office Suite
• Ability to research and troubleshoot technical issues
• Communication - clearly and concisely communicates verbally and in writing
• Strong multi-tasking and time management skills required
• Ability to work in a highly dynamic and complex business environment

EDUCATION:

College Graduate/Equivalent

Other as Noted: Work experience may be substituted for college degree

EXPERIENCE:

1-3 Years

What are must-have desired traits/experiences that the Manager would most like to see?

1. Computer skills – Advanced in Excel functionality and a strong proficiency in using MS Office Suite

2. Strong Interpersonal Skills

Required/preferred experience:

1. Data Analysis

2. Data Processing