Sourcing and Contracts Specialist

Who We Are JPS Health Network is a $950 million, tax-supported healthcare system in North Texas. Licensed for 582 beds, the network features over 25 locations across Tarrant County, with John Peter Smith Hospital a Level I Trauma Center, Tarrant County's only psychiatric emergency center, and the largest hospital-based family medical residency program in the nation. The health network employs more than 7,200 people. Acclaim Multispecialty Group is the medical practice group featuring over 300 providers serving JPS Health Network. Specialties range from primary care to general surgery and trauma. The Acclaim Multispecialty Group formed around a common set of incentives and expectations supporting the operational, financial, and clinical performance outcomes of the network. Our goal is to provide high quality, compassionate clinical care for every patient, every time. Why JPS? We're More Than a Hospital. We're 7,200 Of The Most Dedicated People You Could Ever Meet. Our Goal Is To Make Sure The People Of Our Community Get The Care They Need And Deserve. As Community Stewards, We Abide By Three Rules Of The Road Own it. Everyone who wears the JPS badge contributes to our journey to excellence. Seek joy. Every day, every shift, we celebrate our patients, smile, and emphasize positivity. Don't be a jerk. Everyone is treated with courtesy and respect. Smiling, laughter, compassion - key components of our everyday experience at JPS. When working here, you're surrounded by passion, diversity, and dedication. We look forward to meeting you! For more information, visit www.jpshealthnet.org . To view all job vacancies, visit www.jpshealthnet.org , www.jpshealthnet.org/careers , or www.teamacclaim.org . Job Title Sourcing and Contracts Specialist Requisition Number 47187 Employment Type Full Time Division SUPPLY CHAIN & PURCHASING Compensation Type Salaried Job Category Business / Professional Hours Worked 8:00AM - 5:00PM Location: John Peter Smith Hospital Shift Worked Day Job Description Job Summary: The Sourcing and Contracts Specialist leads procurement optimization by sourcing high-quality products and services at competitive prices while ensuring compliance with healthcare regulations and organizational policies. This position is responsible for managing the entire contract life cycle to include vendor relationships, negotiating contracts, and supporting strategic sourcing initiatives to enhance cost efficiency and operational effectiveness across the health system. Essential Job Functions & Accountabilities Identifies and evaluates potential suppliers for medical and non-medical goods and services. Conducts market research to stay informed of industry trends, pricing, and emerging suppliers. Acts as a subject matter expert on sourcing and contracts matters, providing insights on trends, regulatory requirements, and risk mitigation strategies. Drives cross-functional collaboration with stakeholders (clinical and non-clinical) to understand sourcing needs and ensures alignment with organizational goals. Leads the development and execution of sourcing strategies to drive cost savings and improve supply chain efficiency. Negotiates contract terms, pricing, and service levels with vendors to secure the best value. Drafts, reviews, and manages contracts to ensure compliance with legal, regulatory, and organizational policies. Collaborates with the Legal team to review contract terms and mitigate risks. Monitors contract performance and vendor compliance, addressing issues as needed. Maintains a contract database to track expiration dates, renewal options, and pricing agreements. Develops strong relationships with key suppliers to foster collaboration and performance improvement. Works with internal departments (e.g., Finance, Legal, Clinical Operations) to align sourcing strategies with business objectives. Conducts supplier performance evaluations and provide feedback to ensure continuous improvement. Ensures all sourcing and contracting…

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