AVP Strategic Sourcing

RXinsider LTD.; Nashville, Northern (TN, KY); Hybrid; USD 180,000 - 240,000; Full time

Benefits offered by this job

401(k) match

Employee stock purchase plan

Tuition assistance

Certification support

Job summary

HealthTrust is seeking an AVP Strategic Sourcing to lead day-to-day management of medical device contracting and clinical consultative offerings for HealthTrust members and non-members. The role supports the VP in directing MDM's contracting and clinical services, with focus on end-to-end medical device services, cost analysis and value-based healthcare delivery.

You will help set the strategic direction for the MDM team, collaborate across advisory services and account management, and drive

Qualifications

• Bachelor’s degree is required; master’s degree preferred.
• 10+ years of leading healthcare contracts and negotiations experience is required.
• Ability to travel up to 50% is required.
• Healthcare Professional Certification is preferred.

Responsibilities

• Work with the VP to develop and maintain a portfolio of MDM Advisory Services & Solutions to assist members and non-members with medical device sourcing, procurement, physician utilization, standardization, education and opportunity analysis
• Facilitate coordination and execution of clinical consulting (SurgIntel) and custom contracting efforts
• Develop growth strategies to expand the MDM business and determine ways to scale the capacity of services delivered
• Identify opportunities for PPI category expansion and/or custom contracting/consulting engagements
• Promote strong client relationship management to improve client satisfaction and support HealthTrust
• Assist HealthTrust Account Managers and Business Development teams in the identification of potential clients and provide support throughout the sales process, including preparation of proposals, scopes of work, pricing structures, market basket analysis, BAA, PA
• Develop innovative recurring data reporting to provide members with actionable insight for clinical process improvement
• Active participation on professional society organizations promoting HealthTrust’s mission and vision
• Working with the VP, establishes the strategic direction for the MDM clinical services agenda
• Develop and implement standardized workflows and processes for consulting engagements, medical device assessments, technology, analytics, data reporting, strategic recommendations and follow-up

Skills

Contract negotiation

Healthcare industry experience

Education

Bachelor’s degree

Master’s degree (preferred)

Job description

This position is incentive eligible.

Job Summary And Qualifications

As the AVP Strategic Sourcing, you are responsible for the day-to-day management of Medical Device Management (MDM)'s customer-facing medical device contracting and clinical consultative offerings to HealthTrust members and non-members, the AVP will assist the VP in overseeing MDM's comprehensive clinical and contracting solution services and developing additional medical device competencies.

These solutions encompass end-to-end medical device services, focusing on reducing care variation, conducting cost analysis (especially concerning physician preference items and custom sourcing), and promoting value-based healthcare delivery. The objective for custom sourcing is to secure industry-leading pricing and contract terms and conditions. The goals of SurgIntel analytics, medical device consulting, and physician engagement are to illustrate implant utilization, supply cost variation, deep clinical categorization, and price benchmarking, identifying opportunities for cost savings, cost avoidance, and waste mitigation.

The AVP will also serve as a liaison to the national medical device sourcing team, advisory services, and account management teams. In collaboration with the VP, this position will help set the functional and strategic direction for the medical device management team within HealthTrust.

Major Responsibilities

• Work with the VP to develop and maintain a portfolio of MDM Advisory Services & Solutions to assist members and non-members with medical device sourcing, procurement, physician utilization, standardization, education and opportunity analysis
• Facilitate coordination and execution of clinical consulting (SurgIntel) and custom contracting efforts
• Develop growth strategies to expand the MDM business and determine ways to scale the capacity of services delivered
• Identify opportunities for PPI category expansion and/or custom contracting/consulting engagements
• Promote strong client relationship management to improve client satisfaction and support HealthTrust
• objectives
• Assist HealthTrust Account Managers and Business Development teams in the identification of potential
• clients and provide support throughout the sales process, including preparation of proposals, scopes of
• work, pricing structures, market basket analysis, BAA, PA
• Develop innovative recurring data reporting to provide members with actionable insight for clinical process
• improvement
• Active participation on professional society organizations promoting HealthTrust’s mission and vision
• Working with the VP, establishes the strategic direction for the MDM clinical services agenda
• Develop and implement standardized workflows and processes for consulting engagements, medical device assessments, technology, analytics, data reporting, strategic recommendations and follow-up

Requirements

• Bachelor’s degree is required; master’s degree, preferred.
• 10+ years of leading healthcare contracts and negotiations experience is required.
• Ability to travel up to 50% is required.
• Healthcare Professional Certification, preferred.

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

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.