Contract Manager - Purchasing at Virta Health

Marlton, New Jersey, United States

Virta Health Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
HealthcareIndustries

Requirements

  • 1-2 years of procurement or contract experience
  • Excellent verbal and written communication skills
  • Understanding business/operational impact of legal language and principles
  • Excellent interpersonal and customer service skills
  • Excellent organizational skills and attention to detail
  • Excellent time management skills with a proven ability to meet deadlines
  • Experience in IT/Technology Related contract language and procurement skills is strongly preferred

Responsibilities

  • Review agreements and other contract documents to ensure that proposed arrangements meet Virtua Health business and operational requirements
  • Collaborate with Virtua Health’s Office of the General Counsel to ensure proposals are legally acceptable
  • Assist the manager in administrative aspects of the contract documentation
  • Obtain appropriate administrative documentation from the vendor, such as W9s, Certificates of Insurance and other documents, as required
  • Negotiate business and operational terms with vendor to ensure Virtua’s business, financial and operational objectives are met
  • Support negotiations between Virtua Health’s Office of General Counsel and vendor partners’ legal teams to ensure arrangements are legally acceptable
  • Support compilation of final contract and document packages, including but not limited to obtaining signatures for final execution and uploading into appropriate software
  • Assist with day-to-day duties, such as processing purchase orders, scanning orders, filing, returning emails and voicemails in a timely fashion using applicable systems/applications
  • Populate creation of contract file, scanning of appropriate documents and maintaining the file
  • Performs other related duties as assigned

Skills

Procurement
Contract Administration
Supply Chain Management
IT Contracts
Contract Language

Virta Health

Reverses type 2 diabetes through personalized care

About Virta Health

Virta Health focuses on reversing type 2 diabetes through a combination of personalized nutrition, continuous remote care, and behavioral science. Their treatment is designed for individuals diagnosed with type 2 diabetes, healthcare providers, and enterprise partners like employers and health plans. Unlike many competitors, Virta Health operates on a performance-based model, meaning they only receive payment if they achieve successful outcomes for their patients. This aligns their financial incentives with patient health improvements. The company's goal is to reverse type 2 diabetes in 100 million people, making their approach not just about managing diabetes but actively working towards its reversal.

Denver, ColoradoHeadquarters
2014Year Founded
$362.8MTotal Funding
SERIES_ECompany Stage
Biotechnology, HealthcareIndustries
501-1,000Employees

Benefits

Remote-first work environment
Flexible work hours & time off policy
Health insurance
Paid parental leave
Free Virta treatment & family discount
Internet, home office, learning & development stipends
Employee resource groups
401K & ROTH contribution

Risks

Increased competition in diabetes reversal could threaten Virta's market share.
Rising popularity of GLP-1 medications may divert clients from Virta's approach.
Regulatory changes in GLP-1 prescriptions could impact Virta's business model.

Differentiation

Virta Health offers a medication-free approach to reversing type 2 diabetes.
Their performance-based model aligns financial incentives with patient outcomes.
Virta's continuous remote care platform provides personalized nutrition and behavioral support.

Upsides

Virta Health has achieved over $100M in annualized revenue with sustainable weight loss solutions.
Partnerships with major payers like U-Haul enhance Virta's market reach and credibility.
Growing skepticism about GLP-1 medications boosts demand for Virta's alternative treatments.

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