Contract Analyst

Methodist Health System-posted 12 months ago

Dallas, TX

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Your Job: Contract Analyst will work in conjunction with Supply Chain Directors, Contract Coordinator and Buyers to negotiate vendor contracts for clinical products and/or some purchased services for all departments across Methodist Health System. In addition to contract negotiations, the Contract Analyst will analyze and apply drill-down methods to verify and validate contract optimization and opportunities. The primary focus of this role will be to promote utilization of contracts and to capture and report associated financial impact.

Learn and gain proficiency in Methodist purchasing management tools such as McKesson and Premier tools such as MySpend, Premier Contract Management.
Search continuously to streamline procurement practices within the department and in conjunction with customer departments.
Effectively serve on inter-hospital committees for product standardization and cost containment.
Work to utilize diversity vendor sources whenever possible within MHS guidelines.
Effectively manage complex supply/service projects in a timely manner.
Financially analyze alternative product lines and make conversion recommendations to management.
Negotiate vendor contracts for clinical products and/or some purchased services for all departments across MHS.
Gather financial and product performance references on potential new products.
Identify cost/benefit, including comparison of old pricing to new pricing, and cross-reference of products when necessary.
Work with Legal department on non-Premier contracts to ensure terms and conditions meet Methodist Health System legal requirements prior to signature.
Identify and communicate with clinical stakeholders to review new products and financial impacts for their given department through completion of the project.
Organize strategic vendor business reviews for Supply Chain and department leaders who utilize the identified strategic vendor.
Keep assigned contracts up-to-date using the Premier and Meditract contract logs.
Update the item master with new pricing.
Provide contract analysis and apply drill-down methods to verify and validate contract optimization and opportunities.
Work with internal customer departments and external suppliers to enforce Supply Chain Management policies.
Perform other jobs as assigned.

Bachelor's degree (B.A., B.S.) in appropriate discipline is preferred.

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