Summary
POSITION SUMMARY:
**This position has a HYBRID work schedule with a few remote days per week and onsite at our Corporate Headquarters in Owings Mills, MD.
Under supervision, the Contract Specialist creates and manages agreements related to bonuses and retentions and oversee recoupment of amounts owed to LifeBridge Health (“LifeBridge”) subsidiaries. Under supervision, provides contract management and corporate paralegal support to the Office of the General Counsel (“Office”) of LifeBridge, including but not limited to preparation and negotiation, with supervision, of contracts, due diligence involving acquisitions, database management of all contracts, responsibility of drafting basic organizational agreements, and filing and maintenance of all Federal, State, and local business registrations including corporate filings with Maryland SDAT.
Essential Functions:
Drafting Contracts: Using authorized formats, draft for review by Office attorneys, agreements (e.g., HIPAA BAA, employment agreements (including physician agreements), leases, service agreements, confidentiality agreements, consulting agreements, and various types of bonus and retention agreements.
Bonus Payments and Overpayment Recoupment: Through partnership with key LifeBridge stakeholders in Human Resources and Finance, manage the process of approving payment of applicable bonus amounts and recouping monies from employees and former employees who have outstanding financial obligations to LifeBridge and/or its affiliates, including but not limited to: approving bonuses to be paid by Payroll; tracking approved bonuses and related vesting periods; drafting demand letters for monies owed; managing LifeBridge’s relationship with third-party collection agencies; and internal reporting regarding payment and recoupment efforts.
Contract Database: Maintain contract database in document management system.
Corporate: In consultation with the Governance Coordinator of LifeBridge, support subsidiary and parent company corporate secretarial functions, including preparation of written consents. Draft and file organizational documents for LifeBridge entities.
Due Diligence: Manage due diligence data rooms for M&A activity, including establishing data rooms, collecting and uploading the majority of the requested due diligence, and serving as point person for uploading due diligence from other responsible parties.
Annual Filing: Perform annual filing on-line with all states and counties in which LifeBridge entities conduct business (Federal / State / local licenses, business registrations, updates, and renewals).
QUALIFICATIONS AND REQUIREMENTS:
Education/Knowledge: Basic professional knowledge; equivalent to a Bachelor’s degree; working knowledge of theory and practice with a specialized field. Education Discipline: The theory and practice of contract management and of a corporate paralegal. Paralegal Certificate is preferred. A minimum of 3+ years of relevant experience
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Additional Information
As one of the largest health care providers in Maryland, with 13,000 team members, We strive to CARE BRAVELY for over 1 million patients annually. LifeBridge Health includes Sinai Hospital of Baltimore, Northwest Hospital, Carroll Hospital, Levindale Hebrew Geriatric Center and Hospital and Grace Medical Center, as well as our Community Physician Enterprise, Center for Hope, Practice Dynamics, and business partners: LifeBridge Health & Fitness, ExpressCare and HomeCare of Maryland.