February 27, 2026 – Healthcare organizations have lengthy relied on a well-known mannequin for managing contracts: possession unfold throughout provide chain, authorized, finance and operations departments, every optimizing in their very own manner. Whereas this strategy can work in silos, it typically struggles to offer enterprise-wide visibility, consistency and accountability – particularly as healthcare techniques face rising prices, growing regulatory complexity and elevated scrutiny of supplier efficiency and danger.

At Fairview, leaders acknowledged that the standard mannequin was not enough. Led by Sofya Mikhelson, Vice President, Provide Chain & Contract Lifecycle Administration, the group is establishing a brand new, unbiased division absolutely targeted on organization-wide contract administration, expertise and contract administration. The brand new division, which sits outdoors the availability chain, authorized division or another division that historically ‘owns’ contracts, is designed to unify requirements, modernize processes and produce self-discipline and transparency to the best way Fairview manages third-party relationships.

Learn extra within the newest subject of JHC.