Financial Analyst Value Analysis

101 Riverside Hospital, Inc.; United States; On-site; USD 61,000 - 83,000; Full time

Job summary

101 Riverside Hospital, Inc. in Newport News, Virginia, seeks a Supply Chain Value Analysis Financial Analyst to analyze clinical and financial data, driving cost savings while preserving high-quality patient care.

The role partners with supply chain, finance, clinicians and leadership to support value analysis initiatives, contract compliance, and cost-reduction strategies in a hospital setting. Experience in health systems is preferred.

Qualifications

• Education: Bachelors Degree (Required)
• Bachelors Degree in PM, Supply Chain, Business Admin, Healthcare Admin or related field (Preferred)
• 3-4 years recent, relevant experience in finance or supply chain management (Required)
• Experience in hospital or health system environment (Preferred)

Responsibilities

• Collect, analyze, and interpret clinical and financial data to support cost savings and quality improvement.
• Prepare and present reports on findings, recommendations, and progress on value analysis projects.
• Serve as intermediary between Strategic Sourcing Team and end users for product introductions.
• Collaborate with clinical staff, providers, supply chain, and finance to drive value analysis projects.
• Review new medical products or product change requests and coordinate evaluations.
• Analyze large data sets and develop actionable metrics for stakeholders.
• Contribute to cost containment by monitoring supply utilization and productivity.

Skills

Data analysis

Advanced Excel

PowerPoint

Cross-functional collaboration

Healthcare data

Education

Bachelor's Degree (Required)

PM/Healthcare/Business related field (Preferred)

Tools

Lumere

Workday

Pivot tables

SQL

Job description

Newport News, Virginia. Hiring Range $60,600.00 - $83,325.00/Annual. Actual pay is determined based on job-related factors such as relevant experience, education, credentials, skills, internal equity, and business needs.

Overview

The Supply Chain Value Analysis Financial Analyst supports clinical and operational decision-making by analyzing organization spend, evaluating financial impact, and identifying opportunities to optimize value while maintaining high‑quality patient care. This role partners closely with supply chain, finance, clinicians and leadership to support value analysis initiatives, contract compliance, and cost‑reduction strategies. This process allows for the best possible product and service decisions using evidence‑based medicine principles, quality patient outcomes, and cost. The Financial Analyst demonstrates comprehensive knowledge in their area of responsibility and performs other duties as assigned.

What you will do

• Collect, analyze, and interpret clinical and financial data to support the implementation of cost savings opportunities and quality improvement efforts
• Prepare and present reports on findings, recommendations, and progress on value analysis projects to stakeholders and committees
• Serve as intermediary between Strategic Sourcing Team and end users, helping to review and analyze new product or service introductions
• Collaborate with clinical staff, providers, supply chain, and finance teams to facilitate value analysis projects and initiatives, drive consensus, and resolve barriers
• Review new medical products or product change requests and/or coordinate product evaluations
• Analyze large volumes of data and summarize and develop actionable metrics for stakeholders
• Share knowledge of analyst techniques & data interpretation and cross‑check work with team members
• Actively contribute to cost containment by monitoring supply utilization and productivity
• Plan and implement supply chain optimization projects/product conversions
• Prepare monthly performance metrics

Qualifications

• Education: Bachelors Degree, (Required)
• Bachelors Degree, Project Management, Supply Chain, Business Administration, Healthcare Administration, or related field (Preferred)
• Experience: 3-4 years recent, relevant experience in finance or supply chain management (Required)
• Experience: working in a hospital or health system environment (Preferred)

Skills and Abilities

• Ability to analyze health care data from conceptualization throughout the presentation of the data or the procurement of goods or services
• Proficiency with data analytical tools and methodologies, including presentation software (Power Point), Lumere, and Workday Advanced Excel skills, including pivot tables, formulas, and financial modeling, with project management capabilities
• Strong problem‑solving skills with a demonstrated ability to identify issues and implement effective solutions
• Excellent communication and collaboration skills across clinical, operational, and leadership teams
• Knowledge of healthcare compliances and supply chain best practices, and units of measure, SKUs, and item‑level inventory details
• Keen attention to detail with the ability to manage multiple priorities in a fast‑paced environment

Licenses and Certifications

• Certified Material & Resource Professional (CMRP) (Preferred)
• Corporate Performance Management (CPM) (Preferred)