Director- Value Analysis

A Brief Overview

Under general supervision of the VP Purchasing and following established policies and procedures, oversees the value analysis function pertaining to addition of new products, replacement of existing products, and consolidation of current product lines to provide improved clinical outcomes and reduced costs. Responsible for overseeing the strategic direction, implementation, and management of the Value Analysis Program/Team and process within the healthcare organization. Oversees Value Analysis software and tools. Facilitates all Value Analysis committee meetings to include presentations, data research and reimbursement. Coordinates with Service Line Colleges and function as a clinical resource for Materials Management product selection. Leads team in making informed decisions on product selection using peer-reviewed evidence, focusing on cost-effectiveness and quality outcomes. Drives the delivery of total value product selection, ensuring the improvement in patient care quality through evidence-based evaluation of products, equipment, and services. Responsible for performing job duties in accordance with mission, vision, and values of Tampa General Hospital.

What you will do

• Develop and lead the value analysis process across multiple service lines and departments to ensure efficient and cost-effective operations.
• Oversee the value analysis and approval processes for the selection of clinical products, equipment, services, and technology.
• Facilitate relationships with physicians, key stakeholders, and executives to optimize value analysis initiatives.
• Participate in vendor business reviews.
• Provide support and participate in the value analysis executive steering committee meetings.
• Direct product and service requests, analysis, introduction, investigation, analysis, education, conversion issues, and track projected outcomes.
• Establish cost savings, clinical quality, and outcome initiatives that are collaborative and results driven.
• Identify supply and service standardization, product utilization, and reduction of waste opportunities.
• Develop best practice solutions for identified value analysis barriers.
• Keep current on technology, regulatory, and operational trends in healthcare that may impact product/service utilization or value analysis processes.
• Lead and facilitate new product requests with physicians and clinicians and optimize group purchasing organization contract portfolios.
• Work with executive value analysis committees, strategic sourcing, finance, decision support, infection prevention, education, leadership, risk management, legal, IT, and other department leaders to review, select, and implement product decisions and savings initiatives.

Education Qualifications

• Bachelor's Degree Nursing
• Bachelor's Degree Respiratory Therapy
• Bachelor's Degree Radiologic Technology
• Bachelor's Degree Related Allied Health field

Licenses and Certifications

• Registered Nurse
• Registered Respiratory Therapist
• Radiology Technologist

Experience Qualifications

• Eight (8) years of experience, four (4) in a leadership capacity.
• Clinical license required for corresponding clinical degree.
• Knowledge of Value Analysis software and previous experience as Value Analysis software Superuser.
• Experience with budgeting and forecasting.

Skills and Abilities

• Knowledge of nursing process, Service Line structures, standards of care, medical equipment, and medical/surgical supply application.
• Demonstrated skill in analyzing data, practices, or procedures to define problem or objective, identify relevant concerns or factors, formulate logical and objective conclusions and recognize alternates and their implications.
• Ability to proactively create, develop, and build strong relationships with senior-level decision-makers, including physician and C-suite leaders, clinical staff, and vendors.
• Demonstrated project management and leadership abilities, with experience in mentoring and developing team members.
• Strong organizational skills with the ability to prioritize and manage multiple responsibilities effectively.
• Demonstrated ability to work independently, demonstrating organizational skills and flexibility.
• Ability to inspire confidence, diffuse tension, and function as a change agent.