Value Analysis Facilitator ll

Posted Yesterday
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Parkway Place, SC, USA
In-Office
Mid level
Healthtech
The Role
Lead multidisciplinary value analysis projects to reduce supply costs, standardize supplies, and optimize utilization. Conduct clinical and financial analyses, negotiate with vendors, track and report savings, present recommendations to stakeholders, and maintain collaborative relationships across clinical and administrative teams.
Summary Generated by Built In

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 Upon Hire Preferred RN - Multi-state Compact - if applicable Upon 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.

    Skills Required

    • Bachelor's degree
    • 3+ years experience in healthcare, supply chain, or clinical setting
    • 3+ years consulting or project management experience
    • 3+ years developing financial analyses (cost-benefit, pro-forma/NPV, ROI, cost/case)
    • Experience leading supply cost reduction, standardization, or utilization projects
    • Experience analyzing and comparing RFP responses from vendors
    • Experience using healthcare data for analysis
    • Ability to interact with senior executives, physician leaders, and clinicians to drive decisions
    • Demonstrated ability to initiate and complete projects and support multiple projects concurrently
    • Strong negotiation, change management, communication, and conflict management skills
    • Proven project leadership and team influence abilities
    • Computer skills: spreadsheet and word processing software, electronic mail, and web; ability to learn new software
    • Basic knowledge of medical-surgical supplies and diagnostic testing
    • Knowledge of clinical and operational improvement processes
    • Achieve Value Analysis Healthcare Provider (CVAHP) certification
    • Lean, PMP, or Six Sigma certification
    • Supply Chain Professional (CSCP) or similar
    • AHRMM-CRMP or similar material/resource management certification
    • Registered Nurse (single state or multi-state compact) if applicable

    Wellstar Health System Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Wellstar Health System and has not been reviewed or approved by Wellstar Health System.

    • Healthcare Strength Healthcare coverage is positioned as comprehensive, with multiple medical plan options plus dental and vision offerings. Mental health support is also described as accessible, including no-cost therapy and psychiatry through a dedicated benefit.
    • Wellbeing & Lifestyle Benefits Wellbeing support appears broad, including on-site fitness centers, wellness coaching, and wellness incentives tied to HSA contributions and preventive programs. Convenience-style perks are also highlighted, such as concierge services and resources for child, elder, and pet care.
    • Retirement Support Retirement benefits include a 403(b) plan with an employer match and potential additional employer-funded contributions based on hours worked. Vesting rules are described clearly enough to set expectations for longer-tenured employees.

    Wellstar Health System Insights

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    The Company
    HQ: Marietta, GA
    25,000 Employees
    Year Founded: 1997

    What We Do

    At Wellstar Health System, our mission is to enhance the health and well-being of every person we serve. Nationally ranked and locally recognized for our high-quality care, inclusive culture, and exceptional doctors and caregivers, Wellstar is one of the largest and one of the most integrated healthcare systems in Georgia. Our specialists and primary care providers work in a multi-disciplinary environment with nearly 25,000 diverse team members throughout our 11 hospitals, 300 medical offices, outpatient centers, health parks, a pediatric center, nursing centers, hospice, and home care. We’re proud to be home to one of the busiest Emergency Departments in the state, as well as being the only system in Georgia operating multiple trauma centers. At a time when our industry is changing rapidly, Wellstar remains committed to exceeding patients’, and team members’ expectations, while transforming healthcare delivery. We stand behind our values to serve with compassion, pursue excellence, and honor every voice.

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