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Indiana University Health

Portfolio Contract Manager

System Services
Date Posted
29 June, 2022
Schedule & Shift
Full Time
Day
Requisition Number
320388
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Portfolio Contract Manager

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Job Description

Overview

We are looking for team members who are passionate about challenging and significant work for the good of every patient. We are searching for individuals who are compassionate, serve with a purpose, are dedicated to supporting their team, and who seek excellence every day.

Sound like a perfect match? Apply now - we can't wait to hear from you!

Responsible for the overall management of assigned contract portfolio categories, including development and implementation of category strategy in coordination with key stakeholders. Leads strategic sourcing initiatives, typically resulting in negotiation of multi-million dollar contracts with local, national, or international corporations. Ensures the best possible cost position through contract strategy development using market tools, supplier negotiations, product standardization, contract implementation, and contract performance review. Assesses suppliers’ ability to support organization’s goals for achieving diversity and local spend targets. Coordinates with clinical effectiveness councils and other clinical stakeholder groups by providing data relevant to given initiatives by product category. Identifies and supports opportunities such as standardization, utilization and new emerging technologies related by category to the appropriate key stakeholders. Coordinates new product, capital, purchase service and technology requests related to contract category. Works under limited guidance on projects and problems of a complex nature using tools and independent judgment to make decisions, build relationships, serve as the product portfolio expert and ensure deliverables are met for assigned categories. Provides guidance to assigned Portfolio Specialist. Collaborates with group purchasing organization on strategy, benchmarking, and opportunities within their portfolio. Responsible for the appropriate implementation and retrospective analysis of initiatives by category. Owns supplier relationships with local, national, and international corporations on behalf of health system based on assigned categories, develops strategic plans, monitors vendor performance, and conducts business reviews. Responsible for collaborating with system-wide operational leaders for approval. Ensures alignment and acceptance of all contract terms by departmental stakeholders such as Legal, Finance, IIS, and Supply Chain Operations. Performs other duties as assigned to support the overall strategy of supply chain and clinical effectiveness.

This opportunity offers a hybrid work model - in-person at the Integrated Service Center for two days a week and remote work available for three days a week.

Responsibilities

Connect to Promise - Demonstrates a commitment to IU Health's mission, vision, and values by exhibiting behaviors and delivering results that align with the strategic direction of the organization. Ensure IU Health is working toward its vision of improving the health of all Hoosiers by providing the best care for each person as we practice our values of purpose, excellence, compassion and team.

Collaboration – Collaborates with others to find creative and innovative business solutions.  Actively contributes to their team(s), and the achievement of team and organizational goals. Engages, guides and mentors other team members as needed.

Business Acumen – Exhibits working knowledge of the department and function and how it is structured.  Structures work to align with the goals and operations of department and function.

Analysis – Thoroughly analyzes problems and opportunities, and their impact on the business. Takes into account all fact-based and stakeholder information in order to evaluate alternatives and make judgment-rich decisions. Probes symptoms to determine the underlying causes of problems and then integrates information from a variety of sources to arrive at optimal solutions.

Communication - Shares thoughts and information in a clear, concise and professional manner, in both oral and written communication formats. Demonstrates active listening and seeks further information to ensure clarity and understanding. Promptly responds to requests for information, and works to proactively think through next steps and anticipate potential issues, requests, or business needs. Openly shares knowledge and expertise.

Ethical Practice – Maintains confidentiality as appropriate, earns trust and respect of others, and exhibits behaviors that express the ethical practice of a healthcare organization.  Mitigates unintended consequences through careful analysis and observation of business practices. Reports and responds immediately to unethical behavior or conflicts of interest.


 Bachelor's degree required, preferably with a focus on healthcare management, business administration, supply chain management, or other analytical discipline.
• CMRP certification is preferred.

• 5-7 years of healthcare experience in focus area or related field is required, or equivalent combination of years, skills, and experience.
• Requires experience in project management, presentation development, analytics, customer service, contract management, navigating a complex organization, and obtaining buy-in for proposals. Contract negotiation, sourcing strategy development, contract portfolio ownership, and contract lifecycle management experience preferred.
• Strong verbal, written, leadership, business acumen, strategic thinking, relationship building, collaboration, negotiation, data analysis, and project management skills are required.
• Advanced working knowledge of Microsoft Excel, Word and PowerPoint software applications; statistical software applications experience preferred

• Must be proficient in the use of Supply Chain business systems and tools.
• May be required to travel to various locations as needed.

 

Safeguarding our patients and each other is an important part of how we deliver the best care possible to the communities we serve. As a condition of employment, IU Health requires all new hires to receive various vaccinations, including the influenza and COVID-19 vaccines, barring an approved exemption. New hires will also be provided the option to submit proof of previous vaccination.

We are an equal opportunity employer and value diversity and inclusion at IU Health. IU Health does not discriminate on the basis of race, color, religion, sex, sexual orientation, age, disability, genetic information, veteran status, national origin, gender identity and/or expression, marital status or any other characteristic protected by federal, state or local law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Qualifications for the Portfolio Contract Manager Role

Overview

We are looking for team members who are passionate about challenging and significant work for the good of every patient. We are searching for individuals who are compassionate, serve with a purpose, are dedicated to supporting their team, and who seek excellence every day.

Sound like a perfect match? Apply now - we can't wait to hear from you!

Responsible for the overall management of assigned contract portfolio categories, including development and implementation of category strategy in coordination with key stakeholders. Leads strategic sourcing initiatives, typically resulting in negotiation of multi-million dollar contracts with local, national, or international corporations. Ensures the best possible cost position through contract strategy development using market tools, supplier negotiations, product standardization, contract implementation, and contract performance review. Assesses suppliers’ ability to support organization’s goals for achieving diversity and local spend targets. Coordinates with clinical effectiveness councils and other clinical stakeholder groups by providing data relevant to given initiatives by product category. Identifies and supports opportunities such as standardization, utilization and new emerging technologies related by category to the appropriate key stakeholders. Coordinates new product, capital, purchase service and technology requests related to contract category. Works under limited guidance on projects and problems of a complex nature using tools and independent judgment to make decisions, build relationships, serve as the product portfolio expert and ensure deliverables are met for assigned categories. Provides guidance to assigned Portfolio Specialist. Collaborates with group purchasing organization on strategy, benchmarking, and opportunities within their portfolio. Responsible for the appropriate implementation and retrospective analysis of initiatives by category. Owns supplier relationships with local, national, and international corporations on behalf of health system based on assigned categories, develops strategic plans, monitors vendor performance, and conducts business reviews. Responsible for collaborating with system-wide operational leaders for approval. Ensures alignment and acceptance of all contract terms by departmental stakeholders such as Legal, Finance, IIS, and Supply Chain Operations. Performs other duties as assigned to support the overall strategy of supply chain and clinical effectiveness.

This opportunity offers a hybrid work model - in-person at the Integrated Service Center for two days a week and remote work available for three days a week.

Responsibilities

Connect to Promise - Demonstrates a commitment to IU Health's mission, vision, and values by exhibiting behaviors and delivering results that align with the strategic direction of the organization. Ensure IU Health is working toward its vision of improving the health of all Hoosiers by providing the best care for each person as we practice our values of purpose, excellence, compassion and team.

Collaboration – Collaborates with others to find creative and innovative business solutions.  Actively contributes to their team(s), and the achievement of team and organizational goals. Engages, guides and mentors other team members as needed.

Business Acumen – Exhibits working knowledge of the department and function and how it is structured.  Structures work to align with the goals and operations of department and function.

Analysis – Thoroughly analyzes problems and opportunities, and their impact on the business. Takes into account all fact-based and stakeholder information in order to evaluate alternatives and make judgment-rich decisions. Probes symptoms to determine the underlying causes of problems and then integrates information from a variety of sources to arrive at optimal solutions.

Communication - Shares thoughts and information in a clear, concise and professional manner, in both oral and written communication formats. Demonstrates active listening and seeks further information to ensure clarity and understanding. Promptly responds to requests for information, and works to proactively think through next steps and anticipate potential issues, requests, or business needs. Openly shares knowledge and expertise.

Ethical Practice – Maintains confidentiality as appropriate, earns trust and respect of others, and exhibits behaviors that express the ethical practice of a healthcare organization.  Mitigates unintended consequences through careful analysis and observation of business practices. Reports and responds immediately to unethical behavior or conflicts of interest.


  • qualifications__list
     Bachelor's degree required, preferably with a focus on healthcare management, business administration, supply chain management, or other analytical discipline.
  • CMRP certification is preferred.

  • 5-7 years of healthcare experience in focus area or related field is required, or equivalent combination of years, skills, and experience.
  •  Requires experience in project management, presentation development, analytics, customer service, contract management, navigating a complex organization, and obtaining buy-in for proposals. Contract negotiation, sourcing strategy development, contract portfolio ownership, and contract lifecycle management experience preferred.
  •  Strong verbal, written, leadership, business acumen, strategic thinking, relationship building, collaboration, negotiation, data analysis, and project management skills are required.
  •  Advanced working knowledge of Microsoft Excel, Word and PowerPoint software applications; statistical software applications experience preferred

  •  Must be proficient in the use of Supply Chain business systems and tools.
  •  May be required to travel to various locations as needed.

Job Page Content image

Indiana University Health is Indiana’s most comprehensive health system, with 16 hospitals and more than 34,000 team members serving Hoosiers across the state. Our partnership with the Indiana University School of Medicine gives our team members access to the very latest science and the very best training, advancing care for all. We’re looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People who are compassionate and serve with a purpose. People who aspire to excellence every day. People who are always ready to apply themselves.

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