Senior Purchased Services Analyst

HCA•Nashville, TN

56d

About The Position

This role provides analytical support to the Commercial Products Department, collaborating with leadership and sourcing teams (VP, AVP, Contract Director, Contract Managers and Contract Analysts). Responsibilities include conducting integrated assessments of financial and contractual terms, researching various categories and delivering insights that inform strategic sourcing decisions. The Sr. Analyst supports sourcing projects by coordinating the analytics team's review of multiple agreements within a category to establish financial and contractual baselines. This work enables the development of effective sourcing strategies that align with organizational goals. Additional responsibilities include, the coordination of the analytics team's completion of requested financial analyses from category leads that contribute to successful sourcing events resulting in contract utilization that provides members with high quality services and cost savings.

Requirements

Bachelor's degree, required
5 + Years Healthcare Contracting Experience, required
Intermediate to advanced Excel skills, including the ability to analyze large datasets using pivot tables, complex formulas, and data visualization tools to support business decisions, required.
Proficient in Microsoft Office (Outlook, Word, Excel and PowerPoint), required.
Excellent communication skills (verbal and written), required
Strong analytical and negotiation skills, required
Excellent presentation skills, required

Responsibilities

Collaborate with Contract Director and Contract Managers to deliver tailored financial and contractual analyses based on project specific needs
Prepares RFI (Request for Information) and RFP (Request for Proposal) documents
Provides accurate and timely financial analysis of vendor pricing proposals
Prepare, review, and audit baseline reports and savings analyses; identify and escalate discrepancies to project lead prior to submission to members or leadership
Manage external member collaboration platforms, ensuring accurate and timely input in coordination with the project lead
Analyze member contracts, spend, and volume data to develop and maintain comprehensive project workbooks for each initiative and prepare financial impact workbooks for members
Develop and maintain sourcing project trackers to monitor implementation timelines, utilization rates, and pricing compliance throughout the contract life cycle.
Draft contract amendments, extensions, and member specific agreements under the guidance of the project lead
Mentor junior analysts, offering guidance and support to build team capability
Identify and recommend process improvements to enhance efficiency and streamline workflows
Maintain Member Teamroom - Purchased Services page, updates documents, etc.
Maintain database of vendor service categorization ensuring accuracy
In coordination with Directors and Managers, prepare and lead member monthly project dashboard calls, prepare minutes and coordinate updates with project leads, take role, provide action items after each call, provide updates as needed, follow-up for completion
Manage Analyst project tracker, assigning requesting analytics to Analyst team. Ensure quality and formatting requirements are met before submission.
Support Directors and Managers with customer service follow-up, resolution, etc.
Plan, lead, assist and manage training for all new analysts

Benefits

Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.
Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
Free counseling services and resources for emotional, physical and financial wellbeing
401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)
Employee Stock Purchase Plan with 10% off HCA Healthcare stock
Family support through fertility and family building benefits with Progyny and adoption assistance.
Referral services for child, elder and pet care, home and auto repair, event planning and more
Consumer discounts through Abenity and Consumer Discounts
Retirement readiness, rollover assistance services and preferred banking partnerships
Education assistance (tuition, student loan, certification support, dependent scholarships)
Colleague recognition program
Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)
Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.