Contract Specialist

Corewell Health • Grand Rapids, MI

1d • Onsite

About The Position

With minimal supervision, the Contract Specialist serves as a subject matter expert for contract-related activities, including developing and negotiating contract terms, conditions, modifications, penalties, and incentives in collaboration with sourcing team members. The role works with stakeholders to ensure their requirements are met and analyzes changes to support continuous improvement in contract management processes and trends.

The Contract Specialist leads proactive, methodical management of agreements from initiation through execution and renewal. The position also resolves problems, mitigates delays, mediates disputes, and escalates issues in the contract process. Specialists at this level are competent in most areas of contract management and may need guidance in others.

This role is part of Corewell Health’s Real Estate - Corporate department and is based at Corewell Health Place in Grand Rapids. It is a full-time, day-shift position scheduled for 40 hours per week, Monday through Friday, from 8:00 a.m. to 5:00 p.m.

Requirements

• Bachelor’s degree.
• At least 2 years of relevant experience in a related field.
• Experience negotiating and managing contract life cycles.
• Experience in finance or contract management.
• Knowledge of best practices for contract negotiation tactics and strategies.
• Working knowledge of Stark and Anti-Kickback laws.

Nice To Haves

• 5 years of relevant experience.

Responsibilities

• Create a customer-focused, service-based approach to working with stakeholders and suppliers, cultivating cross-organizational relationships and modeling customer service excellence.
• Build relationships with managers, business units, supply chain, and suppliers to support objectives, influence stakeholders, and advance strategic sourcing strategies.
• Collaborate in the Contract Specialist Community of Practice and subgroups to develop initiatives and achieve outcomes.
• Assist with developing contracts, including leases, license agreements, amendments, terminations, purchase agreements, management agreements, and statements of work.
• Manage the contract development process and assist with negotiations for sourcing initiatives.
• Enter and maintain current information in the internal contract repository and contract database.
• Assist in developing audit strategies to ensure contracts remain compliant.
• Participate in process improvement initiatives and champion change.
• Build knowledge of health care compliance and regulatory changes, and coordinate with legal and compliance departments to develop strategies and methodologies for maintaining contract compliance.
• Manage contract reviews to ensure timely delivery against objectives and contractual budgets; communicate activities and progress to internal customers, suppliers, and management verbally and in writing.
• Act as the principal contract owner for assigned contracts with minimal supervision.

Benefits

• Comprehensive benefits package supporting financial, health, and work/life balance goals.
• On-demand pay program powered by Payactiv.
• Discounts on restaurants, phone plans, spas, and other items.
• Optional identity theft protection.
• Optional home and auto insurance.
• Traditional and Roth retirement options with service contribution and matching savings.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level