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Overview

This position is incentive eligible. Do you have the career opportunities as a Director Strategic Sourcing that you want with your current employer? We have an exciting opportunity to join HealthTrust, which is part of the nation\\'s leading provider of healthcare services, HCA Healthcare.

We are seeking a senior sourcing leader with deep expertise in medical devices, spine/ortho implants who is an expert negotiator to manage the full strategic sourcing lifecycle, ensuring best pricing and contract terms. The role focuses on sourcing initiatives with medium to high complexity, risk, and sensitivity, overseeing a portfolio with an annual spend of $200m-$350m. The individual will negotiate contracts to ensure industry-leading pricing and terms, improve contract portfolios, and yield strong outcomes.

HealthTrust offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include comprehensive medical coverage, dental and vision options, life and disability coverage, flexible spending accounts, and more.

Responsibilities

Conduct market research, develop sourcing strategies, prepare RFI/RFP/Bids, negotiate contracts, and launch agreements.
Present contract strategies and award recommendations to internal stakeholders, including HealthTrust senior leaders and functional team members (finance, legal, clinical, portfolio specialists).
Present strategies and final award recommendations to customer-led Advisory Boards, including groups of physicians/clinicians, supply chain executives, and non-clinical subject matter experts.
Identify potential risks, challenges, and opportunities within the category.
Understand member needs and requirements to develop contracting strategies that mitigate risks and maximize outcomes.
Formulate and articulate a clear vision for the strategy, adapting as necessary throughout the sourcing process.
Align customer stakeholders (clinicians, supply chain, physicians, executives) with the strategy.
Independently plan and execute project timelines for assigned categories.
Maintain accurate contracting work plans and details in the Contract Lifecycle Management system.
Translate objectives into project planning priorities, manage work plans and timelines for multiple projects, and finalize negotiations within designated timeframes.
Understand supplier dynamics, including ownership, organizational structure, key contacts, product/service offerings, market share, and historical performance.
Analyze supplier information such as manufacturing locations, raw materials, future product pipelines, and financial reports.
Understand category aspects, including product features, comparisons, operational impact, future pipelines, FDA filings, cost drivers, and market dynamics.
Negotiate key contract terms, including pricing, termination rights, indemnification, market competitive pricing, failure to supply remedies, liabilities, confidentiality, supplier performance obligations, information security, and intellectual property rights.
Oversee supplier relationships during the sourcing process and participate in supplier business reviews.
Build strong relationships with senior-level supplier contacts.
Build strong customer relationships through frequent interactions at all levels, including executive.
Possess strong analytical skills to create and interpret complex financial models.
Facilitate conversations with internal functional teams during project kick-off to gather feedback, opinions, and alignment of resource needs to meet contracting initiative timelines.
Communicate bid process, negotiation status, agreement on terms, financial proposal concerns and other matters with supplier and internal team.
Engage customers through one-on-one conversations (with account team) to articulate business strategy and resolve customer-specific issues/concerns with contracting strategy or outcome.
Interface with key supply chain executives and end-users in a live environment presenting and/or gaining commitment (advisory boards and supply chain board).
Capable of securing desired outcomes through persuasion and influence.

Qualifications

Bachelor’s degree (Supply Chain, Business, Finance)
5+ years of strategic sourcing and contract negotiations
Healthcare supply chain operations is highly preferred
Knowledge of medical device, ortho or spine implants preferred.
GPO experience is a plus!
Demonstrated ability to work under pressure while displaying a high level of professionalism, comprehend, and interpret complex instructions, proposals, and contract language, and identify problems independently and demonstrate creativity in developing alternative solutions and recommendations.

In today\\'s challenging business environment of cost pressures, supply disruptions, and workforce shortages, it is crucial for providers to efficiently manage expenses and enhance performance. HealthTrust, in collaboration with 1,800 hospitals and health systems, offers a specialized group purchasing organization (GPO) membership model designed to deliver immediate and sustainable cost savings. Their team of experts provides tailored value acceleration engagements to address specific needs, delivering unparalleled benefits. With nationwide purchasing power and a focus on overall spending management, HealthTrust offers unmatched pricing advantages on supplies, along with industry-leading benchmarks and best practices. The dedicated team is committed to guiding and implementing performance enhancements in cost, quality, and outcomes.

HCA Healthcare has been recognized as one of the World’s Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years, HCA Healthcare spent an estimated $3.7 billion in costs for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.

\"Bricks and mortar do not make a hospital. People do.\"- Dr. Thomas Frist, Sr.

HCA Healthcare Co-Founder

If you are looking for an opportunity that provides satisfaction and personal growth, we encourage you to apply for our Contract Director opening. We promptly review all applications. Highly qualified candidates will be contacted for interviews. Unlock the possibilities and apply today!

We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

#HT-AFHP

#J-18808-Ljbffr","shortDescription","

Overview

This position is incentive eligible. Do you have the career opportunities as a Director Strategic Sourcing that you want wi...","promoted","title","Director Strategic Sourcing","duration","","experienceLevel","displayThumbnail","location","locations",[64],"id",["B","2734344436"],"displayHeadline","Work at HealthTrust Performance Group","category","Creative & Design","displayPublishedAt","24 days ago","displayUrl","/jobs/2734344436-director-strategic-sourcing","shortTitle","shortLocation","Nashville, TN, United States","searchCompanyPath","/jobs?keyword=HealthTrust+Performance+Group","searchLocationPath","/jobs?location=Nashville%2C+TN%2C+United+States","searchTitlePath","/jobs?keyword=Director+Strategic+Sourcing",{"_65":66,"_67":68,"_69":70,"_71":72,"_73":74},"country","United States","city","Nashville","formatted","Nashville, TN, United States, 37247","state","TN","postal_code","37247",["D",1775390562000],"Virtua","A healthcare organization located in Marlton, NJ, is seeking a professional responsible for managing sourcing and contract negotiations for capital equipment and construction projects. The ideal candidate will have over 7 years of progressively responsible experience in procurement, including at least 3 years in leadership roles. Responsibilities include overseeing procurement staff, initiating bid processes for capital equipment, and ensuring budgetary compliance. A Bachelor’s Degree is required, with certifications preferred. This role emphasizes strategic collaboration across departments.
#J-18808-Ljbffr","A healthcare organization located in Marlton, NJ, is seeking a professional responsible for managing sourcing and contract negotiations for capital...","Director of Strategic Capital Sourcing",[89],["B","3156795854"],"Work at Virtua","21 hours ago","/jobs/3156795854-director-of-strategic-capital-sourcing","Marlton, NJ, United States","/jobs?keyword=Virtua","/jobs?location=Marlton%2C+NJ%2C+United+States","/jobs?keyword=Director+of+Strategic+Capital+Sourcing",{"_65":66,"_67":90,"_69":91,"_71":92,"_73":93},"Marlton","Marlton, NJ, United States, 08053","NJ","08053",["D",1774934834000],"Saint Francis Health System","

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Job Summary: The Director, Strategic Sourcing directs contract negotiations in collaboration with department leadership and provides guidance for benchmarking prices and contract terms. This role oversees the value analysis process and supports organizational-wide efforts to identify savings opportunities, setting goals and working with senior leadership to improve patient care and drive clinical excellence.

Minimum Education: Bachelor’s degree in Healthcare Administration, Business Administration, Supply Chain Management, or a related field. Master’s degree, preferred.

Licensure, Registration and/or Certification: Certification from the Association for Healthcare Resource & Materials Management (AHRMM) or other national healthcare supply chain certification, preferred.

Work Experience: Minimum 5 years of negotiation and contract management experience in a healthcare environment, preferably in a health system.

Knowledge, Skills and Abilities: Excellent knowledge of sourcing and procurement principles and best practices. Strong negotiation and contract management knowledge, with proven supplier relationship management skills. Knowledge of healthcare budget and financial policies and practices. Exceptional communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders at all levels. Superior leadership skills, with a demonstrated record of effectively developing, directing, and mentoring teams.

Essential Functions and Responsibilities: Directs negotiations for contract terms and conditions while considering national group purchasing agreements. Leads team in identifying new categories and initiatives that resolves any gaps within the contract terms. Ensures departmental staff continuously researches supplier options to ensure supply chain resiliency is maintained. Establishes and maintains measurable performance metrics for all levels of contracting and procurement activities. Collaborates with other supply chain leaders to ensure cohesive and thorough processes are upheld within departmental activities. Researches and studies benchmark data to evaluate supplier performance; identifying and implementing any necessary changes to maintain optimal relationships with suppliers. Builds and maintains service-oriented relationships with internal and external stakeholders to uphold overall system-wide budget expectations. Oversees the value analysis process to ensure cost-effective utilization of products, services, and business processes.

Decision Making: Independent judgement in making decisions from many diversified alternatives that are subject to general review in final stages only.

Working Relationships: Direct Supervision of others. Prepares and gives performance evaluations. Works directly with patients and/or customers. Works with internal and/or external customers via telephone or face to face interaction. Works with other healthcare professionals and staff. Works frequently with individuals at Director level and above.

Special Job Dimensions: None.

Supplemental Information: This document generally describes the essential functions of the job and the physical demands required to perform the job. This compilation of essential functions and physical demands is not all inclusive nor does it prohibit the assignment of additional duties.

Saint Francis Health System is an EOE/Vet/Disabled employer. Equal Employment Opportunity (EEO) is the law.

Seniority level

Seniority level
Director

Employment type

Employment type
Full-time

Job function

Job function
Supply Chain, Purchasing, and Strategy/Planning
Industries
Hospitals and Health Care

Referrals increase your chances of interviewing at Saint Francis Health System by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

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#J-18808-Ljbffr","

Join to apply for the Director Strategic Sourcing role at Saint Francis Health System

2 weeks ago Be ...",[106],["B","2693740486"],"Work at Saint Francis Health System","6 days ago","/jobs/2693740486-director-strategic-sourcing","Tulsa, OK, United States","/jobs?keyword=Saint+Francis+Health+System","/jobs?location=Tulsa%2C+OK%2C+United+States",{"_65":66,"_67":107,"_69":108,"_71":109,"_73":110},"Tulsa","Tulsa, OK, United States, 74145","OK","74145",["D",1773597406000],"A healthcare system in New Jersey is seeking a professional for Strategic Sourcing to oversee procurement and vendor relationships. The ideal candidate will have substantial experience in purchasing, management, and contract negotiations. Responsibilities include ensuring high-quality and cost-effective supply chain operations, leading strategic initiatives, and managing budgets while engaging with healthcare professionals. Applicants must possess a bachelor's degree and at least 8 years of relevant experience, including leadership roles.
#J-18808-Ljbffr","A healthcare system in New Jersey is seeking a professional for Strategic Sourcing to oversee procurement and vendor relationships. The ideal candi...","Strategic Sourcing Director, Healthcare Contracts",[120],["B","2935795647"],"21 days ago","/jobs/2935795647-strategic-sourcing-director-healthcare-contracts","/jobs?keyword=Strategic+Sourcing+Director%2C+Healthcare+Contracts",{"_65":66,"_67":90,"_69":91,"_71":92,"_73":93},["D",1773597370000],"

Summary

Develops and directs system-wide Strategic Sourcing for Virtua’s $2.3 billion operating revenue-based system. Ensures high-quality, cost effective software, IT hardware, materials, medical supplies, implants and services are available as required. Responds to crises interrupting supply chain operations by developing creative approaches in sourcing vendors and negotiating contracts to ensure there is no disruption to clinical operations or other organizational functions. Effectively manages vendor relationships. Supports or leads both clinical and non-clinical resource management projects. Collaborates with senior management, physicians, other clinicians, and the legal department on strategic and operational initiatives including value analysis product review and approval. Executes planning, implementation and optimization of the Supply Chain ERP, software systems automation, contract lifecycle and monitoring of KPIs for Sourcing. Collaborates with senior management, physicians, other clinicians, and the legal department on strategic and operational initiatives.

Position Responsibilities

Planning and execution of Virtua’s strategic initiatives as they relate to Strategic Sourcing / Contract management, including the group purchasing organization (GPO) relationship development and compliance management, vendor relationships, Supply Chain ERP and other software systems upgrades & functionality, acquisitions, divestitures, etc.
Ability to be flexible and creatively adapt quickly to extraordinary circumstances.
Department operations: hiring and training of staff, reviewing and updating policies and procedures, oversight of procurement card transactions, ongoing education of staff, etc. Ensures a high level of colleague engagement.
Reporting and management of Key Performance Indicators – Pricing Discrepancies, Contract Status, timely renewals, etc.
Supports and engages with senior leaders, physicians and other clinicians on system-wide contracting initiatives and value analysis product review and approval committees. Collaborates with or leads the Value Analysis and Distribution Center team to resolve backordered supply issues by facilitating contracts with alternate vendors, supplier relationship management and other efforts to mitigate service interruption.
Manages the department’s operational budget. Maximizes rebates and GPO share backs eligible to Virtua, tracking and measuring accordingly.
Oversees and manages annual Business Plans and Financial Impact Report savings reporting (actual vs. planned).
Responsible for review and approval of all Contracts and ensures their compliance with Virtua policies and procedures.

Position Qualifications Required / Experience Required

8 years progressively responsible experience in Purchasing and Healthcare Resource Management.
Three years' leadership experience required.
In-depth knowledge of accepted Purchasing concepts and practices.
Experience in Contract management, bid processes and analysis.
Understanding of contract law and ability to understand contract language and create contract documents.
PC skilled and experience in Windows-based environment. Materials Management Information System experience is required.

Required Education

Bachelor’s degree required.

Training/Certifications/Licensure

Valid driver's license may be required.

#J-18808-Ljbffr","

Summary

Develops and directs system-wide Strategic Sourcing for Virtua’s $2.3 billion operating revenue-based syste...",[127],["B","2935794978"],"/jobs/2935794978-director-strategic-sourcing",{"_65":66,"_67":90,"_69":91,"_71":92,"_73":93},1072,"name","Hearst Television","agency","logo","slug","hearst-television","

Every career with Hearst Television is like a story. How it develops, where it takes you, the milestones you reach along the way – you’ve got a lot to look forward to as your unique career story unfolds. Hearst Television, a subsidiary of Hearst, owns and operates local television and radio stations serving nearly three dozen U.S. cities, reaching 24 million U.S. television households. Through its partnership with nearly all major networks, Hearst Television distributes national content across more than 120 video channels, including programming from ABC, NBC, CBS, CW, MY Net, MeTV, This TV, Estrella, and more. Hearst Television is recognized as one of the industry's premier companies. It has been honored with numerous awards for distinguished journalism and industry innovation, including the Walter Cronkite Award for political journalism, the national Edward R. Murrow Award, the DuPont-Columbia Award, and the George Foster Peabody Award.

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Overview

Responsibilities

Qualifications

Overview

Seniority level

Seniority level

Employment type

Employment type

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Summary

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Position Qualifications Required / Experience Required

Required Education

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Summary