Contracts Specialist

AT LIFENET HEALTH, YOU ARE THE ADVANTAGE

Every day, YOU help us to save lives, restore health, and bring hope to patients and families around the world. At LifeNet Health, we cultivate growth, innovation, and collaboration, where your contributions drive solutions that benefit humanity.

Together, we are united by a mission greater than ourselves, a purpose rooted in healing.

ABOUT THIS JOB
Location:Virginia Beach, VA (on-site)

Department: Contracts

Schedule: Monday – Friday, 8:15 a.m. – 5:00 p.m. (ET)

Clinical Status: Non- Clinical

HOW YOU’LL MAKE AN IMPACT
The Contract Specialist, under the general direction of the Manager, Contracts, oversees contractualoperations for company business units, including drafting, negotiating, analyzing, and maintaining contracts on behalf of the company. Provides analysis and recommendations to company business units on contractual needs, manages the overall contract review process and associated workflows, represents the company in contract negotiations, and communicates company’s contractual obligations to affecteddepartments. Ensures alignment of contractual obligations with company’s operational capabilities, applicable legal requirements, and company policies. Serves as the subject matter expert on all contractual mattersbefore the company while consulting with leaders of company business units, as well as other sharedservices departments such as Finance, Marketing, Quality & Regulatory, Client Services, and Legal.

Your work will have purpose every single day, contributing directly to life-changing outcomes.

WHAT YOU’LL DO

• Contract Drafting, Assessment, and Negotiation: Analyzes contract terms and conditions toverify compliance with company policies, applicable federal and state regulations, and operationalcapability by affected internal company departments. Modifies proposed contract terms throughredline draft revisions as necessary to meet company policy, regulatory and operational capabilityrequirements. Consults with key stakeholders across business operations contributing specializedknowledge and drafting terms and conditions that are operationally achievable. Negotiatescontractual provisions directly with outside parties on behalf of the company, advocating forcompany’s business needs, developing agreeable solutions for company and the outside party, andbinding the company to contractual terms. Audits and identifies problems and risks in current orproposed contracts, contractual process, or operations. Collects data, establishes facts, and drawsvalid conclusions to recommend and implement corrective actions and solutions. Troubleshootscontract-related discrepancies with company’s external customers, advising multiple internaldepartments and providing recommendations for resolution.
• Subject Matter Expert: Serves as the internal and external point of contact on all contractualmatters before the company. Explains technical contract terminology, company policy, andapplicable federal and state regulations to internal and external parties in understandable language.Advises company’s business units and leadership on existing and proposed contracts byperforming research on industry best practices, communicating any regulatory specificrequirements that may affect desired process or outcome, identifying impacts on other departments, determining scope of contract specifications, and interpreting technical contractualrequirements.Creates effective relationships and establishes constructive communication with all levels ofpersonnel within the company to analyze and solidify an overall contract strategy to advance thecompany’s needs. Creates and presents oral/written reports and recommendations within areas ofassigned responsibility for company business units and leadership.
• Contract Lifecycle and Maintenance: Manages the contract lifecycle, including identifyingappropriate contractual vehicle and workflow operations, securing and maintaining all necessaryinternal approvals, contract generation, reviews, analysis, negotiations, maintenance, terminationand conclusion of post-termination obligations. Develops, recommends, and implements processesand workflows to improve the efficiency and effectiveness of company operations involving acontract. Ensures a consistent company-wide approach for contract regulation is maintained acrossbusiness units. Self-monitors progress according to established contractual operations workflowsto submit drafts, lead reviews, and timely communicates with internal and external parties. Performsdue diligence on external parties to proposed contracts, ensuring such party is an appropriate legalentity in good standing with no compliance, financial, or regulatory concerns, and advises internalstakeholders of any potential issues and risks to company of moving forward with such externalparty. Achieves and maintains proficiency in the company’s contract management system.Provides support and assistance to company personnel utilizing company’s contract managementsystem, analyzing and resolving contractual-related issues. Assists with development of thecontract management database for reporting and tracking start/end dates, renewals, terminations,contract compliance issues, and contract termination completion.
• Healthcare Volume Purchasing Management: Facilitates Group Purchasing Organization(“GPO”) and Integrated Delivery Network (“IDN”) membership activities. Maintains GPOmembership rosters and initiates changes to add or remove affiliate accounts and thencommunicates changes in a timely manner to affected internal departments and field personnel.Expedites membership requests to comply with contractual requirements. Responsible formonitoring GPO activation portals. Performs due diligence on all affiliate accounts to maintaincontractual and tier compliance. Collaborates with Strategic Services to inform business units onmember compliance. Maintains all GPO price files for internal reference and to assist in thepayment of administrative fees.

WHAT YOU’LL BRING
Minimum Requirements:

• Bachelor's degree
• Two (2) years of corporate contract experience and/ or document management or relatable experience.

Preferred Experience/Skills/Certifications:

• Two (2) years of corporate contract experience and/ or document management or relatable experience in a healthcare industry.
• One (1) year of experience negotiating and drafting sales contracts.
• One (1) year of experience supporting an internal sales force.
• Adobe Acrobat: Ability to edit and format documents.
• Contract Management System: Experience with a cloud- based contract management system on the supply side.
  

Key Knowledge, Skills, & Abilities:

• Proficiency in Microsoft Office: Proficiency in Outlook (including a shared team calendar), Word, and Excel.
• Problem Solving: Ability to work independently and in groups to solve problems.
• Multitasking & Time Management: Possesses developed interpersonal skills to work in a high profile and fast paced team environment under limited supervision. Ability to prioritize multiple, competing priorities and manage time/ workload in a high- volume environment.
• Attention to Detail: Ability to perform tasks thoroughly and with care; checks work to ensure accuracy and completeness.
• Communication Skills: Demonstrates leadership presence and maintains confidentiality. Ability to communicate effectively both verbally and in writing.
• Interdependent/ Teamwork: Ability to work interdependently with cross functional teams and across all levels within the organization.

WHY JOIN LIFENET HEALTH

When you join LifeNet Health, you're not just taking a job, you’re joining a mission-driven community dedicated to making a global impact through regenerative medicine. You’ll be part of a workplace that values authenticity, collaboration, and the drive to make a difference.

We recognize that great work happens when people feel supported. That’s why our total rewards package is designed to help you thrive both professionally and personally.

Here’s how we support YOU:

• Affordable Medical, Dental, and Vision Coverage- Comprehensive care that won’t break the bank.
• Profit Sharing Plan- Share in the success you help create.
• 403(b) Retirement Plan- Invest in your future with confidence.
• Paid Parental Leave- 6 weeks to bond with your newest family member.
• Corporate Sponsored Events- Celebrate milestones and build connections.
• Generous Paid Time Off- Because balance matters:
  • 18 vacation days (based on position, tenure, and state laws)
  • 9 sick days (subject to local and state regulations)
  • 9 holidays (7 standard + 2 floating)
• Flexible Work Program- For approved roles, how and where you perform best.
• Tuition reimbursement- We invest in your growth and education.
• Career & Leadership Development- Expand your impact and potential.
• Wellness Program- Prioritize your health with holistic resources.
• Employee Assistance Program (EAP)- Support for you and your household.
• Incredible teammates- Collaborate with passionate, dedicated professionals.
  

Note: All benefits are subject to eligibility requirements and may be modified at any time, with or without notice, unless otherwise required by law. This job posting does not constitute an employment contract and does not alter the “at-will” nature of employment at LifeNet Health.

COMPENSATION

Salary Range: $57,363 to $76,484 annually

Final compensation will be based on factors such as geographic location, qualifications, and prior relevant experience. The pay range for this position is $57,363 annually (entry level qualifications) to $76,484 annually (experienced in this role). Actual compensation may be higher based on the successful candidate’s knowledge and relevant experience.

EQUAL OPPORTUNITY EMPLOYER

LifeNet Health is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status.

As part of our commitment to safety, we maintain a drug-free workplace and conduct pre-employment substance abuse screening.