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Legal Contracts Specialist

Legal Contracts Specialist

Option Care HealthBannockburn, IL, US
13 days ago
Job type
  • Full-time
Job description

Extraordinary Careers. Endless Possibilities.

With the nation's largest home infusion provider, there is no limit to the growth of your career.

Option Care Health, Inc. is the largest independent home and alternate site infusion services provider in the United States. With over 8,000 team members including 5,000 clinicians, we work compassionately to elevate standards of care for patients with acute and chronic conditions in all 50 states. Through our clinical leadership, expertise and national scale, Option Care Health is re-imagining the infusion care experience for patients, customers and team members.

Join a company that is taking action to develop an inclusive, respectful, engaging and rewarding culture for all team members. At Option Care Health your voice is heard, your work is valued, and you're empowered to grow. Cultivating a team with a variety of talents, backgrounds and perspectives makes us stronger, innovative, and more impactful. Our organization requires extraordinary people to provide extraordinary care, so we are investing in a culture that attracts, hires and retains the best and brightest talent in healthcare.

Job Description Summary :

Responsible for reviewing, drafting and managing commercial contracts and other legal documents to ensure compliance with applicable laws, regulations, and company policies. The role supports legal department attorneys that provide legal guidance on contractual issues and mitigate legal risk.

Job Description :

Job Responsibilities (listed in order of importance and / or time spent)

  • Partner with Pharmacy Operations, Market Access, Business Development, Facilities / Real Estate, Finance, Information Technology, Compliance and other applicable business units as needed to lead and manage the administration of our contracting process, including drafting, participating in contract negotiations, revising, finalizing customer and procurement contracts, and analyzing potential risks involved with specific contract terms and to help ensure contracts are compliant with all applicable laws and regulatory requirements.
  • Tracks and monitors contracts throughout their lifecycle from inception to execution and post-implementation; utilize and manage electronic Contract Management System technology; maintains knowledge of status and information within contracts; facilitates the routing, approval, and execution of third-party contracts, and compiles all executive summary documents to present for review including contract and credentialing documents, financial models, legal and operational review comments, issue memos, etc.; communicates status of contracts to various business units and executives as appropriate.
  • Provides necessary support and communication to all internal Option Care Health personnel regarding day-to-day sales, service, operations, and contracting functions, as well as support ad-hoc projects, requests, and initiatives.
  • Draft and manage correspondence regarding contract terminations and disputes with minimal supervision.

Supervisory Responsibilities

Does this position have supervisory responsibilities?

(i.e. hiring, recommending / approving promotions and pay increases, scheduling, performance reviews, discipline, etc.)

No - X

Basic Education and / or Experience Requirements

Bachelor's degree and at least 1 year of related contract experience,

OR

Associate's degree and at least 3 years of related contract experience.

Basic Qualifications

  • Solid knowledge and understanding of basic contracting principles and primary contract types.
  • Experience using time management skills such as prioritizing / organizing and tracking details and meeting deadlines of multiple projects with varying completion dates.
  • Experience building and maintaining excellent internal and external working relationships.
  • Demonstrated high level of accuracy, attention and detail, and process orientation.
  • Able to work independently and effectively, handling high levels of ambiguity, and able to anticipate problems and obstacles before they arise.
  • Intermediate level skill in Microsoft Word (for example : creating and modifying text styles, numbering and sorting lists, working with sections and columns, formatting tables, and using templates and using diagrams and drawing tools).
  • Intermediate level skills in Microsoft Excel (for example : formatting text and borders of cells, working with workbooks and worksheets, using range names, referencing cells, sorting, and auto filtering).
  • Intermediate level skill in Microsoft PowerPoint (for example : applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and / or formatting font).
  • Travel Requirements : (if required)

  • None.
  • Preferred Qualifications & Interests (PQIs)

  • Paralegal certificate and at least (1) year of pharma, home infusion, home healthcare, and / or specialty pharmacy contract coordination and administration experience.
  • Due to state pay transparency laws, the full range for the position is below :

    Salary to be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

    Pay Range is $62,386.44-$103,999.91

    Benefits :

  • Medical, Dental, & Vision Insurance
  • Paid Time off
  • Bonding Time Off
  • 401K Retirement Savings Plan with Company Match
  • HSA Company Match
  • Flexible Spending Accounts
  • Tuition Reimbursement
  • myFlexPay
  • Family Support
  • Mental Health Services
  • Company Paid Life Insurance
  • Award / Recognition Programs
  • Option Care Health subscribes to a policy of equal employment opportunity, making employment available without regard to race, color, religion, national origin, citizenship status according to the Immigration Reform and Control Act of 1986, sex, sexual orientation, gender identity, age, disability, veteran status, or genetic information.

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    Contract Specialist • Bannockburn, IL, US

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