Portfolio Director - Radiology

HCA Healthcare

Nashville, TN

JOB DETAILS
SKILLS
American Registry of Radiologic Technologists (ARRT), Analysis Skills, Banking Services, Behavioral Health, Benchmarking, Best Practices, Business Processes, Change Management, Contract Analysis, Contract Creation, Contract Management, Contract Negotiation, Cost Control, Customer Support/Service, Expense Management, Flexible Spending Accounts, Healthcare, Healthcare Providers, Hospital Systems, Investment Management, Leadership, Legal, Maintain Compliance, Market Analysis, Market Research, Materials Management, Performance Management, Policy Development, Prescription Drugs, Pricing, Procedure Development, Process Improvement, Product Pricing, Purchasing/Procurement, Radiology, Requirements Management, Resolve Customer Issues, Risk Management, SEC Filings, Sales Management, Scorecarding, Sourcing Strategy, Stock Purchase Plans, Strategic Planning, Supplier Relationship Management (SRM), Supply Chain, Systems Maintenance, Team Player, Telemedicine, Time Management, Vendor/Supplier Evaluation, Vendor/Supplier Planning, Vendor/Supplier Relations, Vendor/Supplier Selection
LOCATION
Nashville, TN
POSTED
12 days ago

This position is incentive eligible.

Do you have the career opportunities as a Portfolio Director - Radiology you want with your current employer? We have an exciting opportunity for you to join HealthTrust which is part of the nation's leading provider of healthcare services, HCA Healthcare.

Job Summary and Qualifications

 The Portfolio Director is responsible for maintaining knowledge of the Radiology contract portfolio and communicating the benefits and value of that portfolio to both internal and external audiences.

 The contract portfolio managed includes:

  • significant spend categories that are physician preference and require extensive implementation and management, or
  • mostly categories greater than $25m in spend, or
  • categories that are highly sensitive to members (e.g. operationally sensitive), or
  • categories that are complex, require detailed explanation of features and benefits, and how products compare between suppliers.
The Portfolio Director must have an in-depth knowledge of the contracts, suppliers, and products in their portfolio

Key Responsibilities and Duties

Communications:

Communicate contract portfolio benefits and value. Audiences include:

  • HealthTrust account management team
  • Advisory Boards and Supply Chain Board
  • Current/prospective members (materials mgmt, end-users, sr leaders)
  • Suppliers (national acct manager and sales executives)
  • HealthTrust Senior Leadership and/or Equity Board

Portfolio Management:

Manage, maintain and improve the performance of the contract portfolio, both operationally and financially. Portfolio includes critical physician preference sourcing types that require extensive implementation and management.

  • Construct and manage simple contract amendments with supplier.
  • Address product additions, deletions and changes during contract term.
  • Be the liaison between sourcing, account mgmt, and customer service.
  • Understand supplier new product offerings and collaborate with advisory board lead and business unit leader to assess products.
  • Develop contract launch materials and ensure all contract materials are maintained accurately in HealthTrust systems.
  • Oversee contract implementation with supplier and communication of contract implementation to HealthTrust account management.

    Customer Service:

    • Provide exceptional customer service to internal and external customers. Including but not limited to: resolving customer issues (pricing, locs, product complaints, etc.)
    • Oversee product recall communications.
    • Assist account management with members (materials mgmt, end-users, and senior executives).

    Portfolio Promotion:

    Develop strategies and tactics to promote contract portfolio.

    • Marketing/promotional opportunities
    • Contract Launch / Contract Lunch-and-Learns
    • Newletters, bulletins, and other communication tactics.

    Sourcing Process Knowledge:

    Thorough understanding of sourcing process (market research, development of strategies and requirements, engagement with the boards, contract awards). 

    Portfolio Improvement:

    • Ability to recognize additional cost saving opportunities or new product category coverage opportunities and elevate opportunities to department leader.
    • Assess market and supplier dynamics to determine possible sourcing strategies for contract renewals. Collaborate with contract negotiator on strategy development as contract bid cycle begins. 

    Collaboration:

    Collaboration required:

    • with legal staff on development and finalization of simple amendments
    • with contract analysts on product/price loading of amendments
    • with communications team on contract launch/implementation
    • with account mgmt in their member-facing duties related to the portfolio
    • with sourcing team as contracts transition to bid cycle
    • with board leads to resolve member reported product quality issues

    Supplier Relationship Management:

    Manage and maintain vendor relationships.

    • Conduct supplier business reviews
    • Scorecard supplier performance
    • Build collaborative working relationships

    In addition to basic supplier relationship management, the Portfolio Director will strategically foster excellent working relationship with strategic suppliers that may cross business units (e.g. J&J, Medtronic).

    Supplier Knowledge:

    Individual must know and be able to use knowledge about supplier to develop strategies, create leverage, mitigate risks, anticipate direction of the market and potential supplier direction.

    Includes, but not limited to:

    • interpretation of Supplier SEC filings, annual reports, or analyst reports
    • discussion of future product pipelines with suppliers and customers
    • occasional site-visits to supplier/provider to review current or future technology
    • investigation of new supplier entrants to market

    Contract Compliance:

    • Report contract compliance issues to supervisor and account management.
    • Assist account management with conversations that may be required with member (materials mgmt, end-users, and senior executives.
    • Proactively monitor member contract compliance to the assigned portfolio.
    • Report on contract conversion activity for key initiatives to Supply Chain Board and Equity Board.

    HTU:

    Communicate value and benefits of HTU to suppliers and secure supplier participation.

    Policies & Procedures:

    Maintain timely achievement of all assigned initiatives ensuring activities adhere to all established policies and procedures and standards of business conduct.

    Change Management:

    Act as a champion for business process change, organizational change, and cultural change. May include leading process improvement or training initiatives.

    Guidance:

      Ability to fulfill responsibilities with minimal oversight. Receives guidance from senior/executive leaders.

      Qualifications 

      • Accredited College Bachelor's Degree required.
      • Preferred: ARRT
      • 5+ years of relevant work experience. Relevant work experience includes, but is not limited to: contract/portfolio management, overseeing supplier relationships, account management of a client where duties include implementation or support related to a contract portfolio.

          

          Benefits

          HealthTrust, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:

          • Comprehensive benefits for medical, prescription drug, dental, vision, behavioral health and telemedicine services
          • Wellbeing support, including free counseling and referral services
          • Time away from work programs for paid time off, paid family leave, long- and short-term disability coverage and leaves of absence
          • Savings and retirement resources, including a 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service), Employee Stock Purchase Plan, flexible spending accounts, preferred banking partnerships, retirement readiness tools, rollover support and financial wellbeing counseling
          • Education support through tuition assistance, student loan assistance, certification support, dependent scholarships and a partnership with Galen College of Nursing
          • Additional benefits for fertility and family building, adoption assistance, life insurance, supplemental health protection plans, auto and home insurance, legal counseling, identity theft protection and consumer discounts

          Learn more about Employee Benefits

          Note: Eligibility for benefits may vary by location.

          In today's challenging business environment of cost pressures, supply disruptions, and workforce shortages, it is crucial for providers to efficiently manage expenses and enhance performance. HealthTrust, in collaboration with 1,800 hospitals and health systems, offers a specialized group purchasing organization (GPO) membership model designed to deliver immediate and sustainable cost savings. Their team of experts provides tailored value acceleration engagements to address specific needs, delivering unparalleled benefits. With nationwide purchasing power and a focus on overall spending management, HealthTrust offers unmatched pricing advantages on supplies, along with industry-leading benchmarks and best practices. The dedicated team is committed to guiding and implementing performance enhancements in cost, quality, and outcomes.

          HCA Healthcare has been recognized as one of the World’s Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years. HCA Healthcare spent an estimated $3.7 billion in costs for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.

          "Bricks and mortar do not make a hospital. People do."- Dr. Thomas Frist, Sr.
          HCA Healthcare Co-Founder

          If you are looking for an opportunity that provides satisfaction and personal growth, we encourage you to apply for our Portfolio Director opening. We promptly review all applications. Highly qualified candidates will be contacted for interviews. Unlock the possibilities and apply today!

          We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.


          #HT-AFHP

          About the Company

          H

          HCA Healthcare

          At its founding in 1968, Nashville-based HCA was one of the nation's first hospital companies. Today, we are the nation's leading provider of healthcare services, a company comprised of locally managed facilities that includes about 165 hospitals and 115 freestanding surgery centers in 20 states and England and employing approximately 204,000 people. Approximately four to five percent of all inpatient care delivered in the country today is provided by HCA facilities. Richard M. Bracken serves as Chairman of HCA and R. Milton Johnson is the company's President and Chief Executive Officer.

          HCA is committed to the care and improvement of human life and strives to deliver high quality, cost effective healthcare in the communities we serve. Building on the foundation provided by our Mission & Values, HCA puts patients first and works to constantly improve the care we give them by implementing measures that support our caregivers, help ensure patient safety and provide the highest possible quality. Investing in our communities is important to us. HCA typically invests about $1.5 billion annually to keep our facilities modern and up-to-date technologically and to expand and add services where needed. Focusing primarily on communities where the company is a leading healthcare provider, HCA selectively adds new facilities in order to better serve our communities.

          And because two HCA founders were physicians, we value highly the strong relationships we've created with local physicians. We endeavor to provide them with a wide array of services and modern facilities in order to help them deliver the best possible care.

          COMPANY SIZE
          10,000 employees or more
          INDUSTRY
          Healthcare Services
          FOUNDED
          1968
          WEBSITE
          http://hcahealthcare.com/