Do you want to join an organization that invests in you as a Portfolio Manager? At HealthTrust, you come first. HCA Healthcare has committed up to $300 million in programs to support our incredible team members over the course of three years.
Job Summary And Qualifications
The Portfolio Manager is responsible for maintaining knowledge of the Indirect Strategic Sourcing contract portfolio and communicating the benefits and value of that portfolio to both internal and external audiences.
The contract portfolio managed tends to include:
- mostly multi-source or optional contracts that require less conversion activity, or
- mostly categories less than $25m in spend, or
- mostly categories that are less sensitive to members (e.g. commodities).
- The Portfolio Manager must have a mid-to-high level knowledge of the contracts, suppliers and products in their portfolio.
What you will do in this role:
Communications:
- Communicate contract portfolio benefits and value. Audiences include:
- HealthTrust account management team
- Advisory Boards
- Current members (Supply Chain, End-users)
- Suppliers (National Account Manager)
- Portfolio Management: Manage, maintain and improve the performance of the contract portfolio, both operationally and financially.
- Construct and manage simple contract amendments with supplier
- Address product additions, deletions and changes during contract term.
- Be the liaison between sourcing, account management, and customer service.
- Understand supplier new product offerings and collaborate with advisory board lead and business unit leader to assess products.
- Develop contract launch materials and ensure all contract materials are maintained accurately in HealthTrust systems.
- Oversee contract implementation with supplier and communication of contract implementation to HealthTrust Account Management.
Customer Service:
- Provide exceptional customer service to internal and external customers. Including but not limited to:
- Resolving customer issues (pricing, product complaints, etc.)
- Oversee product recall communications.
- Assist account management with member needs related to portfolio (materials management and end-user level)
Portfolio Promotion:
- Develop strategies and tactics to promote contract portfolio.
- Marketing/promotional opportunities
- Contract Launch / Contract Lunch-and-Learns
- Newsletters, bulletins, and other communication tactics.
- Sourcing Process Knowledge:
- Basic understanding of a sourcing process (RFI, RFP, Negotiation, Contracts)
Collaboration:
- Collaboration is required with multiple internal and external stakeholders:
- Legal staff on development and finalization of simple amendments
- Contract analysts on product/price loading of amendments
- Communications team on contract launch/implementation
- Account Management in their member-facing duties related to the portfolio
- Sourcing team as contracts transition to bid cycle
- Committee and Board leads to resolve member reported product quality issues
Suppliers
- Supplier Relationship Management: Manage and maintain supplier relationships.
- Conduct supplier business reviews
- Scorecard supplier performance
- Build collaborative working relationships
- Supplier Knowledge: Basic understanding or aptitude to develop supplier knowledge.
- Contract Compliance: Report contract compliance issues to supervisor and account management.
- Policies & Procedures: Maintain timely achievement of all assigned initiatives ensuring activities adhere to all established policies and procedures and standards of business conduct.
Guidance:
- Receives guidance from mid-level and senior leaders.
What qualifications you will need:
- Accredited College Bachelor's Degree
- 1 to 3 years of relevant work experience preferred. Relevant work experience includes, but is not limited to:
- Contract/portfolio management
- Overseeing supplier relationships
- Account Management of a client where duties include implementation or support related to a contract portfolio.
- Must have strong analytical skills with the ability to create or interpret potentially complex financial models.
- Solid knowledge of all MS Office Products
- Excellent oral, written communication skills and presentation skills.
Benefits
HealthTrust, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:
- Comprehensive benefits for medical, prescription drug, dental, vision, behavioral health and telemedicine services
- Wellbeing support, including free counseling and referral services
- Time away from work programs for paid time off, paid family leave, long- and short-term disability coverage and leaves of absence
- Savings and retirement resources, including a 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service), Employee Stock Purchase Plan, flexible spending accounts, preferred banking partnerships, retirement readiness tools, rollover support and financial wellbeing counseling
- Education support through tuition assistance, student loan assistance, certification support, dependent scholarships and a partnership with Galen College of Nursing
- Additional benefits for fertility and family building, adoption assistance, life insurance, supplemental health protection plans, auto and home insurance, legal counseling, identity theft protection and consumer discounts
Learn More About Employee Benefits
Note: Eligibility for benefits may vary by location.
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.
"Good people beget good people."- Dr. Thomas Frist, Sr.
HCA Healthcare Co-Founder
We are a family 270,000 dedicated professionals! Our Talent Acquisition team is reviewing applications for our Portfolio Manager opening. Qualified candidates will be contacted for interviews.
Submit your resume today to join our community of caring!
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.
