HCA Healthcare

Compensation

Full Description

Description Introduction Do you want to join an organization that invests in you as a(an) 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. 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 medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation. • Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more. • Free counseling services and resources for emotional, physical and financial wellbeing • 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service) • Employee Stock Purchase Plan with 10% off HCA Healthcare stock • Family support through fertility and family building benefits with Progyny and adoption assistance. • Referral services for child, elder and pet care, home and auto repair, event planning and more • Consumer discounts through Abenity and Consumer Discounts • Retirement readiness, rollover assistance services and preferred banking partnerships • Education assistance (tuition, student loan, certification support, dependent scholarships) • Colleague recognition program • Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence) • Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income. Learn more about Employee Benefits Note: Eligibility for benefits may vary by location. You contribute to our success. Every role has an impact on our patients’ lives and you have the opportunity to make a difference. We are looking for a dedicated Portfolio Manager like you to be a part of our team. 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. 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. Demonstrated ability to: • Maintain grace under pressure in difficult situations while displaying a high level of professional courtesy • Align internal and external resources to achieve objectives. • Manage complex projects and meet timeline deliverables. • Pay attention to details. • Work effectively as part of a team • Lead resources that may not be directly managed • Comprehend, and interpret complex instructions, proposals, and contract language • Listen and separate ancillary information from the primary content being communicated, ask appropriate questions to clarify and confirm understanding. 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.