Healthcare Compliance Contract Specialist

Job Summary

Healthcare Contract Specialist is responsible for managing Healthcare Professional contracts, grants agreements, and other various legal and compliance matters, pertaining to Terumo Americas Holding, Inc. and certain of its subsidiaries (collectively “TAH”), including compliance operations and corporate governance.  The role will assist with the drafting, review, and negotiation of contracts and terms and conditions, data collection, compiling and organizing materials, as well as preparing presentations of varying complexity.  Additionally, the Healthcare Contract Specialist will provide support to other individuals in the Legal and Compliance Department to best manage TAH’s legal and compliance activities and minimize the risk to the business.

Job Details/Responsibilities

•  Preparation, review and/or revision and negotiation of various contract agreements and amendments
• Manage contracts from inception through execution, including maintaining a contract log and reporting out metrics as needed 
• Manage cross-functional coordination with TAH associates requesting legal and/or compliance review or preparation of contracts to understand objectives, business needs and expectations.
• Understand TAH objectives, internal policies, and interaction within contracting and healthcare industry 
• Apply foundational understanding of contract law, compliance risks as they relate to the Anti-kickback Statute, False Claim Act, and other applicable regulations with focus on interactions with HCPs.
• Manage company-wide HCP and grant agreements from review, drafting and markup and participate in negotiation and execution, including the processing of the contract in the company contract management system. 
• Manage Fair Market Value calculations effectively and consistent with company policy and engagement risk profile
• Craft and cascade best practices in management of HCP agreements and/or grants, including template management, review and design
• Execute special or continuous research and data analysis tasks as needed 
• Analyze problems, determine approach, compile and analyze data and prepare reports/recommendations
• Coordinate contracting between various affiliated entities and outside parties
• Provide various departments with dashboards, reporting, presentations and support as needed
• Perform work of a critical and/or confidential nature and work on assignments that span across various functional areas
• Perform other job-related duties as assigned
   

Knowledge, Skills and Abilities (KSA)

• Proven ability to maintain confidentiality with sensitive information
• Integrity: critical thinking applied to contract management to ensure company interactions are consistent with our integrity value and in the best interest of patients.
• Growth mind attitude: proven ability to continuously enhance processes and create efficiencies
• Proven ability to negotiate, draft, and revise contract terms and conditions
• Proven ability to work within internal policies and terms negotiations
• Strong proficiency in Microsoft Excel, Word, PowerPoint, and Outlook 
• Ability to communicate effectively both verbally and in writing
• Strong sense of urgency with the ability to handle multiple tasks with appropriate prioritization/organizational skills
• Ability to work independently and function with minimal supervision
• Versatile, flexible and a willingness to work within constantly changing priorities 
• Strong attention to detail
• Ability to analyze data and prepare reports 
• Willingness to learn new skills/techniques and work beyond general area of responsibilities
• Ability to work with internal associates and stakeholders in a positive and solutions-oriented capacity
• Ability to understand compliance risks, compliance matters, internal policies, and interaction within contracting and healthcare industry

Qualifications/ Background Experiences

• Bachelor’s degree with a minimum of 5 years’ experience supporting a life sciences organization with direct contracting and/or Legal and Compliance Department experience or a similar functional area required; or equivalent combination of education, training and experience
• Knowledge of a contract management system is a plus  
• Experience specifically in medical device contracting environment strongly preferred
• Strong organizational skills and a general understanding of business operations required
• Understanding of basic legal and compliance concepts required 
• Compliance Certification is a plus