Contract Analyst, Procurement

United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare Technology, Medical DevicesIndustries

Requirements

Candidates should possess a Bachelor's degree in Business Administration, Law, Finance, or a related field, with a Certified Professional Contracts Manager (CPCM) certification being a plus. Proven experience in contract management, negotiation, and analysis is required, along with a strong understanding of contract law, relevant regulations, and compliance standards. Excellent written and verbal communication, analytical, organizational, and technical skills, including proficiency in contract management software and Microsoft Office Suite, are essential. The role also requires strong business ethics, integrity, the ability to prioritize workload, meet deadlines with minimal supervision, sound judgment, and meticulous attention to detail. Experience with legal workflow technologies such as e-signature, document management, and contract lifecycle management is also necessary.

Responsibilities

The Contract Analyst will draft, review, and negotiate various vendor contracts, including MSAs, SOWs, consulting, software, and service agreements. Responsibilities include collaborating with Operations, Procurement/Supply Chain, Legal teams, and other business partners to ensure alignment on legal and business terms. The analyst will also track contract status, maintain accurate contract databases, manage contract-related documentation, and serve as a liaison between the company and vendors. Additionally, they will ensure contract adherence to relevant laws, regulations, and company policies in conjunction with internal legal counsel, provide support on contract interpretation and negotiation to other departments, and manage the entire contract lifecycle using the company’s CLM system. The role also involves developing and improving contract-related forms, policies, templates, and playbooks.

Skills

Contract Drafting

Contract Negotiation

MSAs

SOWs

Vendor Contracts

Software Contracts

Service Contracts

Contract Management

Contract Lifecycle Management

CLM System

Process Improvement

Legal Compliance

Business Administration

Finance

iRhythm Technologies

Advanced cardiac monitoring solutions provider

About iRhythm Technologies

iRhythm Technologies focuses on cardiac monitoring solutions, with its main product being the Zio Patch, a wearable device that tracks heart rhythms for up to 14 days. This extended monitoring helps healthcare providers detect irregular heart rhythms that shorter monitoring might miss, making it especially useful for patients at risk. The company serves both patients and healthcare providers, generating revenue by selling the Zio Patch and offering data analysis services to interpret the collected heart data. iRhythm aims to improve patient outcomes and streamline healthcare workflows in the cardiac health sector.

San Francisco, CaliforniaHeadquarters

2006Year Founded

$102.8MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

1,001-5,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Mental Health Support

Hybrid Work Options

Pet Insurance

Risks

Increased competition from emerging cardiac monitoring technologies threatens market share.

FDA warning letter may lead to regulatory scrutiny and potential fines.

Shareholder investigation could result in legal challenges and financial liabilities.

Differentiation

Zio Patch offers up to 14 days of uninterrupted cardiac monitoring.

iRhythm's Zio Patch is the smallest and least conspicuous cardiac diagnostic device.

The company provides data analysis services for actionable insights from Zio Patch data.

Upsides

Wearable health tech market growth aligns with iRhythm's business model.

Telehealth expansion increases demand for remote monitoring solutions like Zio Patch.

AI integration enhances arrhythmia detection accuracy in iRhythm's Zio Patch.

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