AVP Sourcing

HCA Healthcare

Nashville, TN

JOB DETAILS
SKILLS
Banking Services, Behavioral Health, Benchmarking, Best Practices, Budgeting, Business Strategy, Cost Control, Customer Relations, Exceeded Sales Goal, Expense Management, Financial Analysis, Financial Operations, Flexible Spending Accounts, Healthcare, Healthcare Providers, Hospital, Hospital Systems, Leadership, Legal, Medical Equipment, Operational Communications, Operational Measurement, Operational Strategy, Operations Planning, Performance Metrics, Prescription Drugs, Pricing, Project Planning, Purchasing/Procurement, Staff Development, Stock Purchase Plans, Strategic Planning, Surgical Nursing, Team Lead/Manager, Telemedicine, Willing to Travel
LOCATION
Nashville, TN
POSTED
4 days ago

This position is incentive eligible.

Do you have the career opportunities as an AVP Sourcing 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 AVP Sourcing is responsible for developing, executing and implementing the Core GPO or Medical Device contracting efforts related to a major segment of the national portfolio (ex. Nursing, Surgery, Medical Device, Medical Equipment). This individual must develop and execute innovative industry leading cost-savings strategies that deliver significant and measurable financial and operational value to members through the assigned portfolio. This individual must not only enhance the value of the existing portfolio but is also responsible for expanding the portfolio to be the most comprehensive portfolio in the industry.

This individual is required to direct and manage a team of contract negotiators and a portfolio specialist, as well as ensure collaboration with the entire sourcing functional team (financial analyst and clinical board operations, legal, membership). In all aspects, this individual is responsible for developing and leading the Core GPO assigned portfolio team members to ensure an effective, knowledgeable, customer-focused team environment that can be effectively measured with performance-based metrics. Establishes objectives and develops/executes operational plans and strategies. Ensures business functions can support and contribute to Core GPO overall performance.

This individual will receive guidance from executive leadership.

 Major Responsibilities:

  • Operations - Responsible for maintaining various aspects of the Sourcing operations, specific to portfolio assigned, including financial and budgetary considerations, revenue, customer relationships, and leadership communication. Additional operational responsibilities include team integration, leadership and personnel development, development of critical service line offerings including the development of an industry leading contract portfolio and efficient and scalable sourcing processes.

  • Strategic Development - Takes a lead role in the development and execution of Core GPO business direction and strategic plan for achievement. Takes an active role in the development and execution of HealthTrust business direction and strategic plan for achievement. Must gain consensus from member boards and internal departments on contract strategies and contract awards.

  • Communication - Leads all aspects of communications including both internal and external customers. This responsibility refers to all communication resources within Core GPO processes, collateral and media development, and interdepartmental coordination.

  • Execution - Must possess capabilities to ensure strategic vision can become a viable, value-based solution that is executable. Responsible for managing initiatives and teams in a dynamic, fast-paced work environment that demands strong capabilities to come into projects and initiatives without much guidance and deliver them to completion. Must exceed contracting goals established in annual contracting work plan.

 

What you will need for this role:

  • Bachelor’s Degree required.
  • 7-10 years of related healthcare or industry experience, required.
  • Hospital Operations or Healthcare Sourcing, preferred
  • Occasional Travel required, not on a routine basis.

 

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 AVP Sourcing 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/