This position is incentive eligible.
Job Summary and QualificationsThe 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.
BenefitsHealthTrust, 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!#HT-AFHP
