Value Analysis Facilitator ll

1000 Wellstar Health System, Inc.; Parkway Place (AR); On-site; USD 90,000 - 125,000; Full time

Job summary

Wellstar Health System, Inc. seeks a Value Analysis Leader to drive cost reduction, standardization, and utilization initiatives across our health system.

You will lead multidisciplinary project teams, assess financial and clinical data, and partner with executives to improve patient care while reducing total cost of ownership. Strong PM, negotiation, and analytical skills are essential.

Qualifications

• Bachelor's in Business Science or Nursing (preferred).
• Minimum 3 years experience in healthcare, supply chain, or clinical setting.
• Experience developing financial analyses such as cost-benefit, ROI, and NPV.
• Proven ability to interact with senior executives, physicians, and clinicians to drive key business decisions.

Responsibilities

• Project Management & Leadership: Lead Value Analysis projects with cross-functional stakeholders.
• Persuasively sell ideas to gain support and buy-in from internal and external stakeholders.
• Lead monthly/bi-monthly Value Analysis team meetings and manage work plans.
• Identify resources needed and assign responsibilities across the organization.
• Apply Value Analysis methodology and enforce project management standards.
• Ensure project documents are complete and stored properly.
• Monitor and report project progress to executives and managers.
• Achieve CVAHP certification and collaborate across service lines.
• Coordinate cross-training and teach in-services annually.

Skills

Project Management

Leadership

Cost Analysis

Negotiation

Stakeholder Engagement

Education

Bachelor's in Business Science

Nursing (RN)

Job description

How would you like to work in a place where your contributions and ideas are valued? A place where you can serve with compassion, pursue excellence and honor every voice? At Wellstar, our mission is simple, yet powerful: to enhance the health and well-being of every person we serve. We are proud to have become a shining example of what's possible when the brightest professionals dedicate themselves to making a difference in the healthcare industry, and in people's lives.

Work Shift Day (United States of America) Job Summary: Responsible for the overall direction, coordination, implementation, execution, control and completion of Value Analysis projects across the health system ensuring consistency with Wellstar's strategy, commitments and goals. More specifically, while maintaining or improving the quality of patient care, leads and manages mutli-disciplinary project teams to identify and implement substantial supply cost reduction, supply standardization, and supply utilization initiatives.

Reviews and assesses applicable financial, clinical, and operational data, as well as evidence-based literature to assist teams in evaluating new supplies and new technology. Appropriately assists in the selection, evaluation, monitoring, analysis and implementation of cost-effective products and purchased services in the healthcare system. Develops and maintains collaborative relationships with clinical, administrative, and healthcare system executives and staff to ensure effective, results-oriented project outcomes.

Core Responsibilities and Essential Functions:

• Project Management & Leadership
• Leads Value Analysis projects (supply cost reduction, supply utilization, and supply standardization projects) for WellStar Health System with appropriate project stakeholders including but not limited to: Service Line Chiefs, CMO, CSO, CNO, CQO, Physicians, Nurses, Departmental Directors, and Managers.
• Persuasively sells ideas to gain support and buy-in from key internal and external stakeholders.
• Leads Value Analysis monthly/bi-monthly team meetings.
• Creates and executes project-specific work plans and revises as appropriate to meet changing business needs and requirements.
• Identifies resources (internal and external) needed and assigns individual responsibilities. External resources may include GPO, vendors, and other WellStar team members.
• Effectively applies Value Analysis methodology and enforces project management standards.
• Ensures project related documents are complete, current, and stored appropriately.
• Monitors and reports value analysis projects to administration and department managers at individual hospitals and at the system level.
• Achieves certification as a Value Analysis Healthcare Provider (CVAHP).
• Masters collaboration with 3 or more service lines.
• Initiates and completes project outside of CQVA within Supply Chain.
• Rotation and cross train through other departments within Supply Chain to build competencies.
• Teaches 1 in-service per year.
• Recommends improvements for change to CQVA processes.

Analysis, Tracking and Reporting

• Conducts clinical research on supplies and distributes to clinicians to determine safety and efficacy of clinical products.
• Conducts various analyses including but not limited to cost-benefit, SBAR, ROI, NPV, procedural direct/indirect margin analysis, and proformas; verifying accuracy and completeness of all data which may come from several independent systems.
• Identifies opportunities for cost reduction via review of spend analysis databases, purchase history, industry benchmarks, contract compliance data and utilization information.
• Gathers, researches, analyzes, and evaluates data from a variety of sources to produce strategic and actionable short and long-term recommendations.
• Summarizes key findings and conclusions; presents recommendations to key stakeholders including senior executives.
• Maintains record of implemented projects and documented cost savings achieved.
• Prepares and distributes team meeting agendas and minute.
• Writes project summary articles for supply chain newsletters.

Negotiation & Vendor Management

• Leads vendor negotiations and/or contract negotiations.
• Ensures vendor compliance with all applicable Value Analysis policies and procedures.

Customer Service

• Responsible for building strategic alliances with Physicians, Senior Leadership, Directors, Managers, Clinicians.
• Serves as a liaison between hospital/system administration, departments, clinical staff, vendors and Supply Chain staff to ensure cost-effective utilization of supplies, including but not limited to the following as appropriate: medical/surgical supplies, physician preference items, pharmaceutical supplies, capital equipment, technology and process-related activities.
• Interacts with all appropriate departmental directors and managers in individual hospitals and at the system level communicating project statuses and soliciting necessary follow-up.
• Maintains positive relationships with internal and external customers.
• Responds to internal and external customer inquiries in a timely manner.
• Performs other duties as assigned.
• Complies with all Wellstar Health System policies, standards of work, and code of conduct.

Required Minimum Education

Bachelors Business Science or Bachelors Nursing-Preferred

Required Minimum License(s) and Certification(s)

All certifications are required upon hire unless otherwise stated. Additional License(s) and Certification(s): Reg Nurse (Single State) - if applicable On Hire Preferred RN - Multi-state Compact - if applicable On Hire Preferred Lean/Project Management Professional (PMP)/Sig Sigma Certification Preferred Supply Chain Professional ACSM-CSCP Preferred Material Resource Professional AHRMM-CRMP Preferred

Required Minimum Experience

Minimum 3 years experience in healthcare, supply chain, or clinical setting. Required and Minimum 3 years or more years consulting or project management experience Required and Minimum 3 years or more experience developing financial analyses such as cost-benefit, pro-forma/NPV, ROI, or cost/case analysis Required and Experience analyzing and comparing RFP responses from vendors Preferred and Previous experience using healthcare data for analysis Preferred and Previous experience leading supply cost reduction, standardization or utilization projects Preferred

Required Minimum Skills

Proven ability to interact with Senior executives, physician leaders, and clinicians to drive key business decisions. Demonstrated ability to initiate and complete projects in a timely manner and support multiple projects concurrently. Ability to lead teams and influence others. Strong negotiation, change management, communication, and conflict management skills. Independent and self-motivated. Computer skills include knowledge and use of spreadsheet and word processing software, electronic mail, and the World Wide Web/Internet. Ability to learn new software programs. Basic knowledge of medical-surgical supplies, diagnostic testing, etc. preferred. Knowledge of clinical and operational improvement processes preferred.

Join us and discover the support to do more meaningful work—and enjoy a more rewarding life.

Connect with the most integrated health system in Georgia, and start a future that gives you more. Nationally ranked and locally recognized for our high-quality care and inclusive culture, Wellstar is one of Georgia’s largest and most integrated healthcare systems. Every day, 24,000+ of us work together to provide personalized care for patients at every age and stage of life – and our team members are the foundation of that care.

Mission, Vision & Values

At a time when the healthcare industry is changing rapidly, Wellstar remains committed to exceeding patients’ and team members’ expectations, while transforming healthcare delivery.

OUR MISSION: To enhance the health and well-being of every person we serve.

OUR VISION: Deliver world-class healthcare to every person, every time.

• We serve with compassion
• We pursue excellence
• We honor every voice
• Culture of Excellence

Wellstar consistently receives attention and accolades from national organizations that set the standards for world-class care. Our system-wide practice of safety principles, assessing and addressing errors and seeking feedback from our patients and customers continually earns recognition for advances in safety and quality. Featured on the FORTUNE "100 Best Companies to Work For" list and Seramount 100 Best Companies list, we not only provide top-notch care for our patients, but also foster the culture of Wellstar as a Great Place to Work.