Director - Value Analysis Strategy - FT - Days - MHS

Director of Value Analysis Strategy

At Memorial, we are dedicated to improving the health, well-being and, most of all, quality of life for the people entrusted to our care. An unwavering commitment to our service vision is what makes the difference. It is the foundation of The Memorial Experience.

The Director of Value Analysis Strategy is responsible for leading a system-wide value analysis program with the goal of providing high quality, efficient and cost effective results. The Director maintains a streamlined method for standardizing and monitoring product / service selection, utilization, and costs. This position actively works with physicians, clinicians, and stakeholders in relation to product research, new product, service, equipment selection with the goal of optimal quality and value.

Responsibilities :

• Establishes and maintains professional and ethical vendor relationships with all suppliers.
• Creates value through partnerships and collaboration.
• Manages the Group Purchasing Organization (GPO) relationship and activities.
• In collaboration with Strategic Sourcing, maintains a process for the continual identification and prioritization of cost containment opportunities.
• Implements and monitors organizational / service line standardization, contract compliance, product / service utilization, cost data and processes improvement & waste.
• Manages the implementation / conversion of approved products / services through collaboration with supply chain operations, educational resources, suppliers and specific user groups as needed.
• Ensures communication and education regarding product, service, and procedural changes occur in affected departments.
• Assists supply chain operations in the resolution of any problems associated with product conversions.
• Assists Supply Chain teams with substitutes as needed.
• Coordinates teams to work through any communication or education in regard to product / service substitutes.
• Mutually with Strategic Sourcing, manages the requests of new products and services.
• Manages the product recall process.
• Creates reporting schema on contracting activities and KPI's.
• Tracks and trends progress on a monthly basis or as requested.
• Maintains reports on cost savings / increases, contract compliance and opportunities.
• Develops Value Analysis Program including development of charter, policy and procedure, schedule, cadence, and membership.
• Monitors the market and industry trends to be proactive in clinical sourcing / contracting, and benchmarks.
• Drives ongoing operation excellence and industry best practices to achieve established goals and objectives.
• Maintains a strong knowledge of suppliers and their capabilities, market trends and technological advances.
• Provides guidance and education to committee membership and end users on the product request process and their respective roles and responsibilities.
• Guides and advises product requestors and team members around expectations, timelines, work effort, decision-making and appeals using a consistently applied value analysis process.
• Coordinates agendas with committee chairs and assists with prioritization prior to schedule meetings and facilitates meetings along with committee chair.
• Maintains collaboration, partnership and synergies with all areas within Supply Chain.
• Rounds with organizational or facility key department stakeholders and physicians to build relationships and increase customer service, identify opportunities, understand their goals and initiatives, and discuss new service lines or physicians.
• Develops strategies and processes for reducing supply chain expense for procedure standardization and utilization, reimbursement, using evidence based clinical data, benchmarked data, best practices and data driven analytics.
• Coordinates the trial / evaluation process to assure proper use of products, use of appropriate evaluation criteria, documentation of feedback and that the right stakeholders are involved.
• Reviews product evaluation feedback to ensure that a written summary of post-trial / evaluation feedback and cost analysis are provided to the committee for final decision-making.
• Performs Clinical Review for minor and capital equipment.

Competencies :

Education and Certification Requirements :

Masters (Required) Registered Nurse Compact License (RN LICENSE COMPACT) - Compact RN Multistate, Registered Nurse License (RN LICENSE) - State of Florida (FL)

Additional Job Information :

Working Conditions and Physical Requirements :

75 lbs Non-Patient = 60%

Shift : Primarily for office workers - not eligible for shift differential

Disclaimer : This job description is not intended, nor should it be construed to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with the job. It is intended to indicate the general nature and level of work performed by employees within this classification. Wages shown on independent job boards reflect market averages, not specific to any employer. We encourage candidates to talk to their Memorial Healthcare System recruiter to discuss actual pay rates, during the hiring process. Memorial Healthcare System is proud to be an equal opportunity employer committed to workplace diversity. Memorial Healthcare System recruits, hires and promotes qualified candidates for employment opportunities without regard to race, color, age, religion, gender, gender identity or expression, sexual orientation, national origin, veteran status, disability, genetic information, or any factor prohibited by law. We are proud to offer Veteran's Preference to former military, reservists and military spouses (including widows and widowers). You must indicate your status on your application to take advantage of this program. Employment is subject to post offer, pre-placement assessment, including drug testing. If you need reasonable accommodation during the application process, please call 954-276-8340 (M-F, 8am-5pm) or email TalentAcquisitionCenter@mhs.net.