LifeNet Health · 18 hours ago
Contracts Specialist (10314-202665)
Virginia Beach, VA
Contract
Onsite
Entry Level
$57K/yr - $76K/yr
2+ years expLifeNet Health is dedicated to saving lives and restoring health through innovative solutions. The Contracts Specialist oversees contractual operations, including drafting, negotiating, and maintaining contracts, while ensuring alignment with company policies and operational capabilities.
CharityHealth CareMedicalMedical DeviceNon Profit
Responsibilities
Contract Drafting, Assessment, and Negotiation: Analyzes contract terms and conditions to verify compliance with company policies, applicable federal and state regulations, and operational capability by affected internal company departments. Modifies proposed contract terms through redline draft revisions as necessary to meet company policy, regulatory and operational capability requirements. Consults with key stakeholders across business operations contributing specialized knowledge and drafting terms and conditions that are operationally achievable. Negotiates contractual provisions directly with outside parties on behalf of the company, advocating for company’s business needs, developing agreeable solutions for company and the outside party, and binding the company to contractual terms. Audits and identifies problems and risks in current or proposed contracts, contractual process, or operations. Collects data, establishes facts, and draws valid conclusions to recommend and implement corrective actions and solutions. Troubleshoots contract-related discrepancies with company’s external customers, advising multiple internal departments and providing recommendations for resolution
Subject Matter Expert: Serves as the internal and external point of contact on all contractual matters before the company. Explains technical contract terminology, company policy, and applicable federal and state regulations to internal and external parties in understandable language. Advises company’s business units and leadership on existing and proposed contracts by performing research on industry best practices, communicating any regulatory specific requirements that may affect desired process or outcome, identifying impacts on other departments, determining scope of contract specifications, and interpreting technical contractual requirements. Creates effective relationships and establishes constructive communication with all levels of personnel within the company to analyze and solidify an overall contract strategy to advance the company’s needs. Creates and presents oral/written reports and recommendations within areas of assigned responsibility for company business units and leadership
Contract Lifecycle and Maintenance: Manages the contract lifecycle, including identifying appropriate contractual vehicle and workflow operations, securing and maintaining all necessary internal approvals, contract generation, reviews, analysis, negotiations, maintenance, termination and conclusion of post-termination obligations. Develops, recommends, and implements processes and workflows to improve the efficiency and effectiveness of company operations involving a contract. Ensures a consistent company-wide approach for contract regulation is maintained across business units. Self-monitors progress according to established contractual operations workflows to submit drafts, lead reviews, and timely communicates with internal and external parties. Performs due diligence on external parties to proposed contracts, ensuring such party is an appropriate legal entity in good standing with no compliance, financial, or regulatory concerns, and advises internal stakeholders of any potential issues and risks to company of moving forward with such external party. Achieves and maintains proficiency in the company’s contract management system. Provides support and assistance to company personnel utilizing company’s contract management system, analyzing and resolving contractual-related issues. Assists with development of the contract 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 GPO membership rosters and initiates changes to add or remove affiliate accounts and then communicates changes in a timely manner to affected internal departments and field personnel. Expedites membership requests to comply with contractual requirements. Responsible for monitoring GPO activation portals. Performs due diligence on all affiliate accounts to maintain contractual and tier compliance. Collaborates with Strategic Services to inform business units on member compliance. Maintains all GPO price files for internal reference and to assist in the payment of administrative fees
Qualification
Required
Bachelor's degree
Two (2) years of corporate contract experience and/ or document management or relatable experience
Preferred
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
Benefits
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.
Company
LifeNet Health
LifeNet Health is a charitable organization in the field of regenerative medicine.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Phil Jones
Chief Financial Officer
Recent News
Venture Capital
2025-12-16
Company data provided by crunchbase