Director, Value Analysis

Posted 3 Days Ago
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Livonia, MI, USA
In-Office
Expert/Leader
Healthtech
The Role
Leads value analysis across regional health ministries, driving clinical product standardization, utilization improvement, supply expense reduction, contract compliance, and cost savings. Partners with clinicians, physicians, senior leaders, suppliers, GPOs, and sourcing teams to evaluate products, implement best practices, manage formularies, and improve patient outcomes. Supervises and mentors colleagues, presents recommendations to executives, and supports cross-functional projects. Travel to Trinity Health sites is required approximately 30% of the time.
Summary Generated by Built In
Employment Type:Full timeShift:

Description:

POSITION PURPOSE


Responsible for designing, developing and leading all Value Analysis activities across the Regional Health Ministries (RHM) of the Trinity Health organization. Serves as organizational resource for leading initiatives that balance optimal clinical outcomes with appropriate product utilization and supply stewardship. 


Works in tandem with the Unified Clinical Organization (UCO), Chief Nursing Officers (CNO's) and Clinical Service Line Leaders at the RHM level as a consultative knowledgeable resource in identifying clinical care variation through product usage and consumption data in an effort to advance the standard of care in nursing practice.

  

ESSENTIAL FUNCTIONS


1.       Knows, understands, incorporates, and demonstrates the mission, vision and values of Trinity Health in leadership behaviors, practices and decisions.


2.       Supervises colleagues in Livonia and the various Regional Health Ministries, providing both virtual and onsite support, mentoring, managing, and educating. Establishes annual common goals and provides feedback into annual review process.


3.       Develops strategies and processes for reducing supply expense for product standardization and utilization, benchmarked best practices and data driven analysis. Utilizes clinical evidence based data to coordinate activities at the RHMs to assist with better patient outcomes on products used.


4.       Utilizes designated methodology for calculating savings targets and tracking realization based on savings categories; contract compliance, utilization review and new technology cost avoidance.


5.       Identifies opportunities for product compression to improve internal and external operating costs and establishes a process for product succession through product closed product formularies.


6.       Leads initiatives across the organization and across the continuum of care.


7.       Works with physician and clinician champions as needed to ensure understanding and support of Value Analysis initiatives.


8.       Works and collaborates with key stakeholders, RHM senior management, Group Purchasing Organizations (GPOs), COI, sourcing managers and suppliers to identify cost reduction opportunities and remove barriers to those opportunities when necessary.


9.       Facilitates and serves as a clinical resource for Trinity Health Value Analysis Council and Ministry Value Analysis Teams:

·          Researches and identifies “best practices” or established “gold standards” related to supply utilization;

·          Assists Ministry Value Analysis teams in decision making and implementation of best practices or gold standards;

·          Serves as liaison and resource to facilitate the resolution of issues that may occur post implementation of Value Analysis utilization or standardization initiatives at the Trinity-Health and national GPO level;

·          Interfaces with COI and the Unified Clinical Organization (UCO) as it relates to clinical protocols that have an impact on product utilization and expense.


10.    Promotes and articulates value analysis concepts and principles to all levels of the organization


11.    Supports the RHM in the identification of cost reduction opportunities related to utilization misalignment (i.e., waste, misuse, over-specification, under-specification).


12.    Identifies continued opportunities for contract optimization and compliance


13.    Prepares executive summaries to outline complex issues which require senior leadership decisions and recommendations.


14.    Incorporates reimbursement information into value analysis supply expense reduction initiatives to determine actual profitability levels.


15.    Maintains a working knowledge of applicable Federal, State and local laws/regulations; the Trinity Health Integrity and Compliance Program and Code of Conduct; as well as other policies and procedures in order to ensure adherence in a manner that reflects honest, ethical and professional behavior.


MINIMUM QUALIFICATIONS

1.       Must possess a comprehensive knowledge of clinical products and Supply Chain management principles and practices as normally acquired through completion of a Bachelor’s degree in Nursing (BSN) or a related field and seven (7) to ten (10) years of work experience in an acute care setting or an equivalent combination of education and experience. Two (2) to four (4) years of Supply Chain Management experience preferred. Master’s degree preferred.


2.       Must possess ability to develop relationships/interact professionally with employees across different levels of the organization including senior management.


3.       Must possess excellent teamwork skills and be comfortable giving and receiving direction.


4.       Must possess experience in project and change management.


5.       Must possess strong verbal and written communication skills, including expertise with MS Word, Excel, and PowerPoint, Visio.


6.       Lawson experience preferred.


7.       Must possess strong analytical skills and ability to synthesize findings in a clear, concise manner.


8.       Must have experience in the identification and realization of supply chain cost savings activities.


9.       Must have working knowledge of Group Purchasing Organizations and contract compliance strategies.


10.    Must be comfortable presenting in public to all levels of the organization.


11.    Must be comfortable operating in a collaborative, shared leadership environment.


12.    A personal presence which is characterized by a sense of honesty, integrity and caring with the ability to inspire and motivate others to promote the philosophy, mission, vision, goals and values of Trinity Health.


PHYSICAL AND MENTAL REQUIREMENTS AND WORKING CONDITIONS


1.       Must be able to set and organize own work priorities, and adapt to them as they change frequently. 


2.       Operates in a typical office environment.  The area is well lit, temperature-controlled and free from hazards.


3.       Manual dexterity is needed in order to operate a keyboard and mouse.


4.       Work requires the ability to concentrate, meet deadlines, work on several projects at the same period and adapt to interruptions. 


5.       Must be able to work concurrently on a variety of tasks/projects in an environment that may be stressful with individuals having diverse personalities and work styles. 


6.       Must be able to travel to the various Trinity Health sites (30%) or as needed.


7.       Must possess the ability to comply with Trinity Health policies and procedures. 


Our Commitment

Rooted in our Mission and Core Values, we honor the dignity of every person and recognize the unique perspectives, experiences, and talents each colleague brings. By finding common ground and embracing our differences, we grow stronger together and deliver more compassionate, person-centered care. We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other status protected by federal, state, or local law.

Skills Required

  • Bachelor’s degree in Nursing, such as a BSN, or a related field
  • Seven to ten years of work experience in an acute care setting, or equivalent education and experience
  • Comprehensive knowledge of clinical products and supply chain management principles and practices
  • Ability to develop professional relationships with employees at all organizational levels, including senior management
  • Strong teamwork skills and comfort giving and receiving direction
  • Experience in project and change management
  • Strong verbal and written communication skills
  • Expertise with Microsoft Word, Excel, PowerPoint, and Visio
  • Strong analytical skills and ability to synthesize findings clearly and concisely
  • Experience identifying and realizing supply chain cost savings
  • Working knowledge of Group Purchasing Organizations and contract compliance strategies
  • Ability to present publicly to all levels of the organization
  • Ability to operate in a collaborative, shared leadership environment
  • Two to four years of Supply Chain Management experience
  • Master’s degree
  • Lawson experience
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The Company
HQ: Livonia, MI
6,824 Employees

What We Do

Trinity Health is one of the largest not-for-profit, Catholic health care systems in the nation. It is a family of 115,000 colleagues and nearly 26,000 physicians and clinicians caring for diverse communities across 25 states. Nationally recognized for care and experience, the Trinity Health system includes 88 hospitals, 131 continuing care locations, the second largest PACE program in the country, 125 urgent care locations and many other health and well-being services. Based in Livonia, Michigan, its annual operating revenue is $20.2 billion with $1.2 billion returned to its communities in the form of charity care and other community benefit programs.

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