Clinical Contracts Analyst (REMOTE)
TeleflexAbout the role
Expected Travel: Up to 25%
Requisition ID: 13966
About Teleflex Incorporated
As a global provider of medical technologies, Teleflex is driven by our purpose to improve the health and quality of people’s lives. Through our vision to become the most trusted partner in healthcare, we offer a diverse portfolio with solutions in the therapy areas of anesthesia, emergency medicine, interventional cardiology and radiology, surgical, vascular access, and urology. We believe that the potential of great people, purpose-driven innovation, and world-class products can shape the future direction of healthcare.
Teleflex is the home of Arrow™, Barrigel™, Deknatel™, LMA™, Pilling™, QuikClot™, Rüsch™, UroLift™ and Weck™ – trusted brands united by a common sense of purpose.
At Teleflex, we are empowering the future of healthcare. For more information, please visit teleflex.com.
Interventional – The Interventional business unit at Teleflex develops innovative medical devices used to diagnose and treat coronary and peripheral vascular diseases. We focus strategically on coronary and peripheral interventions, vascular and bone access, and large-bore closure solutions.
Our portfolio includes a broad range of clinically relevant products, such as the GuideLiner™ and Turnpike™ Catheters; the Orsiro™ Mission™ Drug-Eluting Stent; the PK Papyrus™ Covered Coronary Stent; the Ringer™ Perfusion Balloon Catheter; the Pulsar™ -18 T3 Self-Expanding Stent; Passeo™ Balloon Catheters; and the OnControl™ Powered Bone Access System.
Backed by a strong R&D pipeline, our rapidly growing Interventional business unit is well positioned to continue advancing new technologies that support the treatment of critically ill patients. Join a dynamic team dedicated to delivering innovative medical solutions that make a meaningful difference in patients’ lives.
Position Summary
The Clinical Contracts Analyst will develop and negotiate contracts and budgets associated with clinical trials, ensure contracts comply with regulations, manage the lifecycle of contracts, and process clinical trial payments.
Principal Responsibilities
• Facilitate negotiation, execution, and ongoing revisions of clinical study contracts based on substantial knowledge of financial/fair market value, regulatory, and clinical requirements while demonstrating clinical knowledge. Recommend new/or revised language for contract templates.
• Function as the primary internal and external contact for contracts and payments.
• Assure compliance with existing agreements and analyze the need for contract amendments or renewals, and make recommendations, and/or negotiate changes to terms and conditions.
• Facilitate and direct internal legal review of contract language as appropriate.
• Maintain contract negotiation correspondence and agreements in accordance with procedures.
• Monitor changes to regulatory and legal requirements affecting clinical study contracts and reimbursement practices, in coordination with Legal and Regulatory.
• Provide proper escalation of contractual and payment issues and actively engage with management to provide recommendations for mitigation.
• Manage the clinical compensation process, database, and related reporting, including issuance of payments for investigator fees, IRB oversight, and other reimbursable costs for clinical trials.
• Manage contractual and financial information in clinical trial databases with a high degree of accuracy.
• Provide data management, analytics, reporting, and business intelligence support for clinical trials.
• Track timelines and ensure contract and compensation requirements are met in coordination with project team expectations.
• Develop a study compensation agreement template with support from project managers and management and obtain necessary approvals.
• Ensure consistency with the study protocol, clinical contract template, informed consent language, and compensation agreement.
• Collaborate with project team members on the development and testing of study payment programming
• Interface with Finance and Accounts Payable as needed on payment inquiries.
• Regularly communicate contract and/or compensation agreement negotiation and execution status to the project team and clinical management.
• Develop and/or negotiate investigator-initiated research contracts, data use agreements, third-party vendor clinical research contracts, and clinical consulting agreements upon request.
• Perform other duties as assigned.
• Identify opportunities for process improvement in collaboration with cross-functional teams; present and im
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