Sr Clin Supply Value Specialist

Summary

The person in this position is responsible for broad oversight of Value Analysis (VA) at My Michigan Health. This includes providing structure and support for all VA Teams and activities, designing and facilitating product conversions through appropriate system governance based on product impact, policy and procedure review and revision impacting VA, preparation and review of data pertaining to value opportunities and My Michigan Health usage patterns, monitoring cost performance measures, supporting and mentoring VA leads, developing and implementing best practice standards for VA, serve as ambassador for VA practices and principles.

• (30%) Coordinates system VA best practices and workflows for standardized processes leading to decreased product expenditures and improved product related outcomes.
• (30%) Responsible for system wide standardization of products and implementation of process for conversions leading to continual Group Purchasing Organization (GPO) return on investment.
• (20%) Develops clinical and business case analysis of requests and proposals ensuring system control using safe, high quality cost effective products.
• (10%) Serves as a system Subject Matter Expert for relations with GPO and interfaces with Purchasing peers and clinic end-users to ensure value targets are obtained.
• (10%) Serves as resource to all clinical departments supporting effective acquisition and utilization of resources and supplies. Uses clinical experience and literature review to synthesize and recommend best practices for use and implementation specific to My Michigan Health.

• Evaluates impact of new technology adoption and effect on supply expense. Analyzes financial impact by comparing expense to net revenue. Investigates and researches outcomes data and shares with affected discipline. Collaborates with Materials Management (MM) contracting to affect acquisition cost and make recommendations for future contract activities.
• Encourages supply formulary adoption and adherence through Value Analysis Team (VAT) meetings and relationships with department directors and system leadership.
• Facilitates the My Michigan Health VAT meetings. Serves as alternative to Chair if person absent.
• Fosters collaboration with education resources to ensure that all users are appropriately using and safeguarding all organizational resources to include proper use of supplies as well as equipment and human resources as applicable.
• Coordinate the development and monitoring of standardized decision criteria for the evaluation of new supply products in partnership with physicians and clinical staff across the system.
• Establish effective relationships with My Michigan leadership, providers, clinical staff, and other key stakeholders.
• Provides input to committees as to the appropriateness of the product mix from a contractual/financial and clinical perspective and provides in-depth cost/benefit analysis when making recommendations to physicians or other clinicians.
• Provide a mix of material expertise with clinical capability to facilitate product evaluation, standardization, utilization, and assistance in the development of clinical pathways.
• Establishes measurement tools for VAT activities and collects/reports information on financial performance.
• Oversees the coordination of new product evaluation, trial, & implementations.
• Promotes high quality patient focused cost-effective patient management across the continuum of care.
• Accountable for questioning, investigating, developing, implementing, and evaluating cost effective programs/interventions which promote quality patient outcomes.
• Liaison between clinical professionals and suppliers regarding expense management.
• Serves as a resource to nursing and system-wide committees to promote standardization and cost reduction strategies.
• Promotes standardization opportunities system-wide by serving as a liaison for all organizations within the system on product selection.
• Researches, introduces and evaluates new products, programs, and technologies which enhance patient outcomes.
• Develops Skills and competencies required to more fully implement the role or meet the demands of a changing organization.
• Integrates the strategic sourcing process with VA teams as it relates to product utilization and standardization.
• Collaborates with departments to monitor and report on compliance of implemented changes in products.
• Integrates accepted practice changes and assures that standards of care are achieved and standardization opportunities are operationalized through direct patient care and/or improvement of nursing staff competencies.
• Enforces the concept of Contract Compliance.
• Collaborates with nurse managers, department directors, and others regarding changes and issues for the improvement of patient care services and standardization opportunities.
• Collaborates with physicians, allied health professionals, administrators, finance department staff, MM staff, vendors, and individuals…