Sourcing and Contracts Specialist, Finance, Full Time, Days

ABOUT MARINHEALTH
Are you looking for a place where you are empowered to bring innovation to reality? Join MarinHealth, an integrated, independent healthcare system with deep roots throughout the North Bay. With a world-class physician and clinical team, an affiliation with UCSF Health, an ever-expanding network of clinics, and a new state-of-the-art hospital, MarinHealth is growing quickly. MarinHealth comprises MarinHealth Medical Center, a 327-bed hospital in Greenbrae, and 55 primary care and specialty clinics in Marin, Sonoma, and Napa Counties. We attract healthcare’s most talented trailblazers who appreciate having the best of both worlds: the pioneering medicine of an academic medical center combined with an independent hospital's personalized, caring touch. 

MarinHealth is already realizing the benefits of impressive growth and has consistently earned high praise and accolades, including being Named One of the Top 250 Hospitals Nationwide by Healthgrades, receiving a 5-star Ranking for Overall Hospital Quality from the Centers for Medicare and Medicaid Services, and being named the Best Hospital in San Francisco/Marin by Bay Area Parent, among others. 

Company:

Prima Medical Foundation dba MarinHealth Medical Network

Work Shift:

8 Hour (days) (United States of America)

Scheduled Weekly Hours:

40

Job Description Summary:

The Sourcing and Contract Specialist at MarinHealth Medical Network is responsible for overseeing all aspects of procurement, inventory management for supplies. This role involves developing and maintaining collaborative relationships with clinical, administrative, and healthcare system staff and physicians to ensure effective, results-oriented outcomes while enhancing the quality of patient care.

This role also requires experience in negotiating contracts with vendors as well as a high level of interpersonal skills, including influencing, conflict resolution, and creative problem-solving. Strong communication skills across all channels are essential, as the position involves direct interaction with vendors, physicians, and physician office staff, as well as various internal groups within the Enterprise. Additionally, responsibilities include drafting, reviewing, and managing vendor contracts to ensure legal compliance and alignment with organizational goals while negotiating terms and monitoring performance.

Responsibilities include managing the procurement, inventory of medications and pharmacy supplies, ensuring the safe and secure storage of items such as vaccines, PPE, and reagents. Cost reduction opportunities are facilitated through improved standardization, utilization, and price leveling strategies for the medical network and affiliated entities.

Develop best-in-class strategic sourcing practices and supplier relationships, identify projects to apply sourcing and procurement methodologies to leverage annual purchase volume and rationalize the supplier base, ensure benefits and savings for the MarinHealth Medical Network. Collaboration with internal and external stakeholders is essential to meet the organization's procurement and inventory needs, work independently and consult with leadership on new network-wide or system initiatives.

Job Requirements, Prerequisites and Essential Functions:

Pay Range:

$45.67 - $55.28 - $67.30

Essential Functions and Responsibilities:

Vendor Contracts Lifecycle Management:

• Drafting and Reviewing Contracts: Creating and reviewing contracts, ensuring they are legally sound and meet the company's needs.
• Negotiation: Negotiating contract terms with clients, vendors, and other parties to secure favorable outcomes.
• Monitoring and Administration: Tracking contract performance, ensuring compliance with terms, and managing contract­ related activities.
• Amendments and Extensions: Handling contract amendments, extensions, and terminations, following legal procedures. Supplier Contracting and Negotiation:
• Works with the Business Owner to develop both an understanding of their requirements and to prepare appropriate solutions for their supplier contracting needs.
• Negotiates prices and delivery, producing annual cost savings while reducing lead times.
• Negotiates and manages contracts or agreements with key suppliers.
• Acts as the MHMN representative in negotiations for contracts with suppliers to ensure the best pricing, delivery, and other related terms and conditions. Recommends conditions for issuing and awarding bids.
• Reviews legal contracts and other documents by analyzing contract requirements, spec