Universal Health Services

Director - Contracts

Universal Health Services

King of Prussia, PA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Universal Health Services! We are seeking a highly skilled and motivated Director of Contracts to join our dynamic team. As a leading healthcare provider, we are dedicated to providing quality care to our patients, and we need a Director of Contracts who shares this passion. Our ideal candidate is a self-starter with strong leadership skills and extensive experience in contract management in the healthcare industry. If you are ready to take on a challenging and rewarding role, we encourage you to apply for this exciting opportunity.

  1. Develop and implement contract management strategies to ensure compliance with regulatory requirements and to maximize revenue for the organization.
  2. Oversee the negotiation and execution of contracts with healthcare providers, vendors, and other stakeholders.
  3. Monitor and evaluate existing contracts to identify potential risks and opportunities for improvement.
  4. Collaborate with various departments, including finance, legal, and operations, to ensure contracts are aligned with organizational goals and objectives.
  5. Conduct market research and analysis to identify new business opportunities and potential partners.
  6. Provide guidance and support to the contract management team, including setting performance goals and conducting regular performance evaluations.
  7. Ensure timely and accurate completion of contract documents, including amendments, renewals, and terminations.
  8. Develop and maintain relationships with key stakeholders, including healthcare providers, vendors, and regulatory agencies.
  9. Keep abreast of industry trends, changes in regulations, and best practices related to contract management.
  10. Maintain a high level of professionalism and confidentiality in all business dealings.
  11. Prepare and present reports on contract performance and key metrics to senior management.
  12. Monitor and manage the budget for the contract management department.
  13. Identify and implement process improvements to streamline contract management procedures.
  14. Ensure compliance with all legal and regulatory requirements in contract management.
  15. Represent the organization in contract negotiations and other business meetings.
Where is this job?
This job is located at King of Prussia, PA, USA
Job Qualifications
  • Strong Contract Negotiation Skills: A Director Of Contracts At Universal Health Services Must Possess Excellent Negotiation Skills To Ensure Favorable Terms And Conditions For The Organization In All Contracts With Vendors, Suppliers, And Service Providers.

  • In-Depth Knowledge Of Contract Law: The Ideal Candidate Should Have A Thorough Understanding Of Contract Law, Including Federal And State Regulations, To Ensure Compliance And Mitigate Legal Risks For The Organization.

  • Experience In Healthcare Industry: A Director Of Contracts Should Have A Minimum Of 5 Years Of Experience In The Healthcare Industry, With A Strong Understanding Of The Unique Challenges And Regulations That Govern The Sector.

  • Leadership And Management Skills: As A Senior-Level Position, The Director Of Contracts Must Have Proven Leadership And Management Skills To Oversee A Team Of Contract Specialists And Ensure The Timely And Efficient Execution Of Contracts.

  • Attention To Detail And Analytical Skills: The Director Of Contracts Must Have A Keen Eye For Detail And Possess Strong Analytical Skills To Review And Analyze Complex Contracts, Identify Potential Risks, And Propose Solutions.

Required Skills
  • Project Management

  • Vendor Management

  • Contract Negotiation

  • Budget management

  • Relationship Building

  • Team Leadership

  • Risk assessment

  • Contract administration

  • Contract analysis

  • Contract drafting

  • Legal Compliance

  • Contract review

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Director - Contracts in King of Prussia, PA, USA is $130,000-$160,000 per year. This may vary depending on the specific company, industry, and level of experience.

Additional Information
Universal Health Services is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedFebruary 4th, 2025
Apply BeforeSeptember 18th, 2025
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About Universal Health Services

Universal Health Services, Inc. (UHS) is one of the largest and most respected providers of hospital and healthcare services in the nation with more than 90,000 employees dedicated to improving people’s lives and transforming the delivery of healthcare. Through its subsidiaries, the company operates 26 Acute Care hospitals, 328 Behavioral Health inpatient facilities, and 42 outpatient facilities and ambulatory care centers in 37 states in the U.S., Washington, D.C., Puerto Rico and the United Kingdom. UHS also offers health insurance plans through Prominence Health Plan, and manages a network of physicians through Independence Physician Management.

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