VALUE ANALYSIS MANAGER

Minimum Offer

$ 40.04/hr.

Maximum Offer

$ 50.55/hr.

Compensation Disclaimer

Compensation for this role is based on a number of factors, including but not limited to experience, education, and other business and organizational considerations.

Department: Material Management

FTE: 1.00

Full Time

Shift: Rotating

Position Summary:

Manage opportunities for cost containment/savings related to improved product, service and process standardization and utilization by appropriately assisting in the selection, evaluation, monitoring, analysis and implementation of cost-effective products, services and processes in the healthcare system, which may include but not be limited to the hospital, clinic(s), network, and/or healthcare system. Develop and maintain collaborative relationships with medical and healthcare system staff to ensure effective, results-oriented project outcomes, including implementation of Vizient, and/or other pertinent benchmarking findings, technology assessments and other initiatives. Ensures adherence to Hospital and Departmental Policies and Procedures. No patient care assignment.

Detailed Responsibilities:

• ANALYSIS - Push clinical and strategic expertise that facilitates supply, device, and other service expense management while continuously improving process that support safe patient care, education and research
• COMPLIANCE - Design, implement and ensure compliance with protocols for the optimal, standardized use of selected products, services and processes in collaboration with appropriate department managers
• COORDINATE - Interact with all appropriate department managers to develop, coordinate, and integrate cost management programs into departmental services by assisting with program development, data collection, analysis, implementation, monitoring, and follow-up
• COMPLIANCE - Collaborate with departments to monitor and report on compliance of implemented changes in products, services and processes
• ANALYSIS - Monitor and report hospital/system-wide value analysis related cost reductions to administration and department managers
• ANALYSIS - Utilize UHC information to assist in the identification and implementation of product, service and process related cost-savings measures, including but not limited to UHC databases, purchasing processes, benchmarking and technology assessments
• DATA - Manage value analysis and financial data for quantitative/qualitative assessment and outcome documentation
• COORDINATION - Actively engage physicians and other clinicians in value-based variation reduction related to clinical practice, products, devices and supplies
• ANALYSIS - Prepare recommendations to administration for systems, procedures or practices that will reduce product, service and process related expenditures
• ANALYSIS - Perform cost-benefit, cost-effectiveness, cost-minimization and cost-efficiency analysis, verifying accuracy and completeness of all cost analyses that may impact product, service and process related expenditures
• QUALITY - Work with appropriate department managers to investigate, monitor, and report on product, service, and process failures
• ANALYSIS - Attend and participate in UHC Value Analysis related activities
• QUALITY - Achieve supply expense management initiatives and targets utilizing the value analysis process
• COORDINATION - Coordinate product, service, and process related value analysis projects between administration and medical and healthcare system staff as the representative of administration
• EDUCATION - Coordinate and assist educational processes regarding value analysis process
• SURVEY - Conduct in-depth statistical analyses of primary survey data using statistical and other software
• REPORTS - Interpret and report the findings via written reports or oral presentation
• REPRESENT - Represent Materials Management on all designated committees to analyze potential products, services and processes
• COMMITTEES - Participate as a member, chair, co-chair, or ad hoc member of hospital/system committees or sub-committees as a representative of Materials Management
• SUPERVISION - Develop efficient organizational structure. Supervise employees and select, terminate, train, educate, correct deficiencies, perform appraisals, issue discipline, counsel, schedule work assignments; encourage staff teamwork and growth initiatives
  
  

Qualifications

Education:

Essential:

• Bachelor's Degree
  
  

Essential:

Education specialization:

• Related Discipline
  
  

Experience:

Essential:

4 years directly related experience

Nonessential:

No preferred experience

Credentials:

Nonessential:

• RN or RRT or PT/OT or Pharm or cert as Rad Tech or EMT
  
  

Physical Conditions:

Light Work: Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly (Constantly: activity or condition exists 2/3 or more of the time) to move objects. Physical demand requirements are in excess of those for Sedentary Work. May require walking or standing to a significant degree or requires sitting most of the time but entails pushing and/or pulling of arm or leg controls; and/or may require working at a production rate pace entailing the constant pushing and/or pulling of materials even though the weight of materials is negligible.

Essential:

Working conditions:

• Med Haz: Mod exposure to chemicals/dangerous equip/materials
• Subject to an annual contract and performance appraisal