Value Analysis System Director

This position is incentive eligible.

Do you want to join an organization that invests in you as a Value Analysis Director? At Health Trust, a division of HCA, you come first. HCA Healthcare has committed up to $300 million in programs to support our incredible team members over the course of three years.

Job Summary and Qualifications

The Value Analysis Director leads, develops, and implements a strategic supply expense management and value analysis initiatives and programs across multiple integrated delivery networks (IDN), independent hospitals and health systems. This role partners with executive leadership, physicians, clinicians, supply chain leaders, and operational stakeholders to drive measurable improvements in cost, quality, outcomes, and operational performance. This position is responsible for reviewing and optimizing the current GPO contract portfolio, developing comprehensive clinical and utilization protocols, identifying value analysis program process improvement, and developing and executing product standardization plans for the hospital or system.

This position is responsible for building strategic alliances with Hospital Executive Staff and Clinical Department Directors as it relates to successfully executing the Value Analysis Program

What you will do in this role:

Strategic Leadership:

• Lead execution of enterprise value analysis and clinical resource management initiatives aligned with organizational strategic priorities

• Support development and execution of strategic roadmaps focused on cost optimization, variation reduction, quality improvement, and supply chain transformation

• Lead high-impact initiatives across multiple facilities and services lines while ensuring alignment with enterprise goals.

• Assist in development and refinement of governance structures, policies, workflows, and standardized methodologies for value analysis activities.

• Drive implementation of system-wide product standardization, utilization management, and clinical integration initiatives.

• Provides leadership in supply expense management to contribute to the facility or health system’s overall strategic plan, especially as it relates to supply expense.

• Direct multiple projects and tasks in a fast-paced environment.

• Assimilates information from a variety of sources, able to analyze data and make strategic recommendations, and executes a course of action

• Develops, implements, and coordinates within the hospital or system:

• Policies and procedures related to supply cost management and supply chain operations.

Value Analysis Program:

• Product standardization and utilization

Client Relations and Engagement:

• Interacts and develops relationships with internal and external stakeholders to better understand needs and challenges.

• Build strong relationships with physicians, clinicians, and operational leaders to facilitate collaborative decision making and adoption of value analysis initiatives

• Collaborate with suppliers through regularly scheduled business reviews and other means to drive continuous improvement, innovation, and risk mitigation strategies.

• Supports education and communication efforts to increase awareness and understanding of value analysis principles and organizational goals.

• Facilitate physician alignment and consensus-building strategies related to product standardization, utilization optimization and technology assessment

Financial and Clinical Data:

• Establishes and meets supply expense savings goals for customers as requested

• Collaborate with Finance, Sourcing, and Operational teams to validate savings opportunities and monitor initiative performance

• Analyze financial, operational, utilization, and clinical performance data to identify opportunities and drive informed recommendations

• Develops standardized documents, processes, and calculations for use by the supply expense management team to quantify supply savings solutions.

• Demonstrates financial acumen, which includes:

• Interpreting spend profile to identify areas for improvement

• Review of the hospital’s monthly financial reports to determine negative and positive variances

• ROI analysis

• Total cost of ownership evaluations

• Spend analytics

• Benchmarking and utilization analysis

Budget impact assessments:

• Demonstrates the ability to perform a basic return on investment model for new programs and additional staff.

• Demonstrates the ability to analyze financial and clinical performance data to identify variation opportunities and make recommendations to the team and organization in alignment with the…