Value Analysis Director

HCA Healthcare Inc

Nashville, TN

JOB DETAILS
SKILLS
Alliance/Partner Management, Analysis Skills, Auto Insurance, Banking Services, Behavioral Health, Benchmarking, Best Practices, Business Strategy, Change Management, Clinical Data, Clinical Outcomes, Clinical Practices/Protocols, Communication Skills, Consulting, Consumer Protection, Cost Control, Data Analysis, Documentation Standards, Employee Benefits, Expense Management, Finance, Financial Analysis, Financial Operations, Flexible Spending Accounts, Healthcare, Healthcare Administration, Hospital, Hospital Systems, Interpersonal Skills, Leadership, Lean Six Sigma, Legal, Life Insurance, Management Consulting, Multitasking, Network Integration, Nursing Administration, Operational Audit, Operational Improvement, Operational Strategy, Performance Analysis, Performance Management, Pharmacy, Prescription Drugs, Presentation/Verbal Skills, Pricing, Process Improvement, Project Management Professional (PMP), Project/Program Management, Property Insurance, Purchasing/Procurement, Quality Management, Registered Nurse (RN), Relationship Management, Resource Management, Resource Utilization, Sales Management, Scholarship, Set Goals, Six Sigma Certification, Software Administration, Standards Development, Stock Purchase Plans, Strategic Planning, Student Loans, Supply Chain, Supply Chain Management, Supply Chain Operations, Talent Management, Team Building, Telemedicine, Tuition Fees, Value Analysis, Value Chain Analysis, Willing to Travel
LOCATION
Nashville, TN
POSTED
14 days ago

This position is incentive eligible. Do you want to join an organization that invests in you as a Value Analysis Director? At HealthTrust, 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 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 ProgramWhat you will do in this role includes, but is not limited to: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 actionDevelops, 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 utilizationClient Relations and Engagement:Establishes and meets supply expense savings goals for customers as requestedCollaborate 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 solutionsProgram Execution:Executes on established clinical supply expense improvement agenda incorporating cost, quality and outcomes.Drives clinical supply expense improvement through the development and deployment of standard toolkits, processes, and assessments. This includes a continual process to review and update of these toolkits, processes, and assessments.Guides multiple projects and team members simultaneously in a fast-paced environment that yields measurable and sustainable results.Defines a vision, identifies milestones of success, identifies current gaps, determines whom to work and partner, sets actionable goals, and consistently achieves those goals.Consulting, Change Management, & Performance Improvement:Serve as a trusted advisor to health system leaders, providing strategic guidance and operational recommendations.Utilize healthcare consulting methodologies to assess opportunities, facilitate stakeholder alignment, and drive measurable improvementApply Lean, Six Sigma, project management, and performance improvement methodologies to optimize workflows and outcomesSupport implementation and sustainment of enterprise-wide initiatives and leading practicesCross-Functional Collaboration and Talent Development:Provides effective communication, which includes exceptional verbal, listening, writing, and presentation skills to a variety of stakeholders, from executives to front-line staffDemonstrates knowledge and expertise within Value Analysis in healthcare What qualifications you will need:Bachelor's degree in business, Nursing, Healthcare Administration, Pharmacy, Supply Chain Management, Allied Health or related healthcare field - RequiredMBA, MHA, MSN, DNP or relevant advanced degree - PreferredMinimum of 3 years progressive experience in healthcare value analysis, supply chain, clinical resource management, consulting or operational performance improvement - RequiredDemonstrated success in leading enterprise or multi-site value analysis or supply expense management initiatives. - RequiredPrior healthcare consulting experience - PreferredExcellent communication, leadership, and interpersonal skills - RequiredAbility to collaborate with diverse teams and manage multiple projects simultaneously - RequiredExperience presenting executive leadership and facilitating physician discussions - RequiredStrong analytical, communication, organizational, and relationship management skills - RequiredCertification in Healthcare Value Analysis (CVAHP) - PreferredLean Six Sigma and/or PMP Certification - PreferredClinical licensure where applicable (RN, PharmD, etc.) - RequiredAbility to travel up to 50% - Required 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 servicesWellbeing support, including free counseling and referral servicesTime away from work programs for paid time off, paid family leave, long- and short-term disability coverage and leaves of absenceSavings 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 counselingEducation support through tuition assistance, student loan assistance, certification support, dependent scholarships and a partnership with Galen College of NursingAdditional 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 discountsLearn 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. "Good people beget good people."- Dr. Thomas Frist, Sr. HCA Healthcare Co-Founder We are a family 270,000 dedicated professionals! Our Talent Acquisition team is reviewing applications for our Value Analysis Director opening. Qualified candidates will be contacted for interviews. Submit your resume today to join our community of caring!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. Apply share Share Email X Facebook LinkedIn bookmark_border Save Job bookmark Unsave Job

About the Company

H

HCA Healthcare Inc

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/