Piper Companies is currently seeking a skilled IS&T Contract Analyst to join a groundbreaking financial solutions team in a hybrid capacity in Columbia, MD.
Key Responsibilities:
- Oversee the contract review & redlining process, including analyzing, revising, and negotiating healthcare IT vendor agreements to secure favorable terms.
- Evaluate contracts for compliance with healthcare IT regulations (e.g., HIPAA, HITECH) and organizational policies.
- Develop and maintain a centralized repository for healthcare IT contracts, redlining histories, and associated documentation.
- Collaborate with internal stakeholders, including IT, legal, finance, and procurement teams, to ensure alignment of contracts with business objectives.
- Provide clear and concise feedback on contract drafts, highlighting risks, ambiguities, and opportunities for improved terms.
- Gather vendor intelligence to support data-driven decision-making in contract negotiations.
- Monitor contract lifecycle milestones to ensure timely renewals, renegotiations, and terminations.
- Prepare reports on contract redlining metrics, vendor performance, and risk assessments for leadership.
- Stay informed of industry trends, regulatory changes, and best practices in contract negotiation to enhance redlining efficiency and outcomes.
- Drive continuous process improvements in contract redlining workflows and vendor management strategies.
Qualifications:
- Bachelor’s degree in Business Administration, Contract Management, or a related field (Master's degree preferred).
- 5+ years of experience in contract management and redlining, with a strong focus on IT agreements.
- Comprehensive understanding of contract law, IT compliance standards, and redlining best practices.
- Healthcare IT experience is a plus
- Proficiency in contract management software and tools, as well as advanced skills in Microsoft Word for redlining purposes.
- Exceptional attention to detail & analytical skills.
Compensation for the Contract Administrator includes:
- Salary Range: $80,000-$100,000 **depending on experience*
- Full Benefits: Hybrid environment, Healthcare, Dental, Vision, 401k, Paid Time Off, and Sick Leave (if required by law)
This job opens for applications on 6/9/25. Applications for this job will be accepted for at least 30 days from the posting date.
Keywords:
contract management, data analysis, vendor agreements, regulatory compliance, healthcare IT, HIPAA, HITECH, contract lifecycle, risk assessment, cost efficiencies, contract negotiation, document control, performance metrics, procurement, stakeholder communication, contract drafting, contract monitoring, compliance audits, contract repository, IT procurement, contract amendments, contract renewals, contract termination, contract disputes, contract performance, vendor reliability, cost estimation, budget review, contract approval, contract signature, contract templates, contract clauses, contract risks, contract benefits, contract obligations, contract deliverables, contract schedules, contract payments, contract penalties, contract incentives
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