DescriptionJob DescriptionThe Director of Value Analysis, Supply Chain is a leadership role that will report to the Chief Procurement & Supply Chain Officer for Emory and be responsible for optimizing the value and efficiency of the supply chain for Emory Healthcare. The Value Analysis Director is responsible for driving system-wide product/service change and serves as an internal advocate of Emory's product/service standardization and utilization initiatives.
The Value Analysis Director will lead, facilitate, and participate in the process to consider the introduction of new products/services and to decrease the variety of existing products/services currently being utilized. This work will include consideration for clinical outcomes, clinical team preferences and experience, patient quality and safety, product/service costs, and market availability for the product/service when making decisions. The Director will engage in continuous improvement for all aspects of value analysis and will ultimately become a Fellow of the Association of Healthcare Value Analysis Professionals (AHVAP).
The effort will include working closely with clinical and operational leaders along with the Sourcing & Contracting, Purchasing and Materials Management teams in supply chain to achieve the desired standardization and utilization goals. The Director should be mindful of organizational culture, and lead change as a problem solver who is receptive to feedback, relentlessly optimistic, and models professionalism. The Value Analysis Director will ensure compliance with all relevant policies, procedures, guidelines and other regulatory and accreditation standards.
ResponsibilitiesStrategic- Lead efforts to develop and implement a comprehensive value-analysis strategy that aligns with organizational goals and objectives.
- Collaborates with leadership to ensure that supply chain initiatives support overall business strategies.
- Develops strategies and identifies process improvements that are focused on substantial supply/service cost reduction, standardization and utilization, while maintaining or enhancing quality and team experience.
Leadership & Management- Hires and develops a team to support a high performing supply chain value analysis program.
- Leads, manages or participates in multi-disciplinary project teams/clinical specialty committees responsible for product/service introductions, value analysis and utilization review.
- Implements an annual business plan for value-analysis that outlines key initiatives and projects financial outcomes.
Collaborative- Fosters a collaborative environment to encourage cross-functional teamwork and knowledge sharing.
- Develops and maintains collaborative relationships with clinical, administrative, and healthcare system executives and staff to ensure effective, results-oriented project outcomes.
Analysis- Oversees a team of data analysts that identify opportunities and develop qualitative/quantitative analyses and methodologies for product/service utilization and cost reduction efforts focused on cost containment, utilization, waste reduction, and overall cost per service.
- 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, using evidence based clinical data, benchmarked best practices and data driven analysis.
- Supports new product/service requestor in preparation of information/presentations and facilitates meetings between staff, physicians, and other appropriate parties in support of projects.
- Documents identified and implemented cost savings initiatives and audits projected utilization and actual spend.
- Develop and maintain key performance indicators (KPIs) to measure the success of value analysis initiatives.
- Serves on the EHC System Value Analysis Committee.
Communications- Serves as a clinical liaison to executive leadership to maintain and communicate Key Performance Indicators (KPIs) for clinical and financial performance measurements related to value analysis.
- Records and prepares product and service utilization reports and updates.
- Introduces and educates departments and end users regarding applicable sourcing/procurement/analytical tools that assist with tracking product requests, monitor spend/utilization, and product information.
- Escalates urgent issues to leaders for rapid response and resolution (e.g., through the EHC Huddle system).
- The Director will routinely present briefings, updates and progress on the value analysis program and performance.
Product and Service Screening- Serve as intermediary between Strategic Sourcing Managers and end users, helping to screen and analyze new product introductions.
- Work with Group Purchasing Organization(s) and suppliers to identify cost savings opportunities, program initiatives and best practices.
Professional Development- Complete all requirements to become a fellow of the AHVAP.
- Engage in mentoring of others to reach this designation.
- Participate in a national network of peers to continually inform EHC's continuous improvement.
QualificationsRequired- Bachelor degree in related field.
- Strategic thinker with a deep understanding of supply chain management, cost analysis and continuous improvement methodologies in a healthcare setting.
- 10 years of relevant experience in value analysis, sourcing, product utilization management.
- Demonstrated ability to facilitate change and achieve savings goals.
- Ability to organize workload, set priorities, and lead teams.
- Project management experience with ability to initiate and complete projects both achieving and preferably surpassing targets with measurable outcomes.
- Understanding of financial analysis and quantitative/qualitative assessment data.
- Proficient with various computer software applications including spread sheet applications, word processing and presentation software.
- Excellent leadership, communication, and interpersonal skills.
Preferred- Minimum of three to five years of clinical (preferably in-hospital) experience.
- Master's degree in Business Administration or Health Care Management or related field.
- Advanced skills in spreadsheet and database management.
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