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Director of Value Analysis

2 months ago

Allentown, Pennsylvania, United States St. Luke's University Health Network Full time
Job Summary

We are seeking a highly skilled and experienced Director of Network Value Analysis to lead our Value Analysis Committee (VAC) functions. The successful candidate will be responsible for directing supply, equipment, and purchased services initiatives utilizing the value analysis process. This role will provide direction to all Value Analysis teams across the network, including acute care, physician group, ambulatory sites, and other affiliate businesses.

Key Responsibilities
  • Direct and supervise daily operations of Value Analysis staff to ensure high satisfaction in customer service.
  • Implement action plans and monitor compliance outcomes with goals, objectives, and process workflow.
  • Serve as an educator and mentor on the VAC process, working strategically and tactically to identify, analyze, improve, and implement best practices.
  • Develop, maintain, update, and ensure strict adherence to all VAC-related policies and procedures.
  • Ensure the VAC staff is optimizing the VAC information system (Med Approved).
  • Oversee daily procurement operations for the St. Luke's Physician Group (SLPG), Urgent Care Centers, and other ambulatory clinics.
  • Develop communication strategies for product change notification and education to VAC team members and other users of Med Approved.
  • Collaborate with physicians, clinicians, and administrative staff to select products, equipment, and services for best overall value that meets clinical and financial needs.
  • Support Materials Management directors on the implementation and conversion of new products, contracts, and other departmental savings initiatives.
  • Actively work with VA Committees and other key stakeholders to provide guidance on product and equipment evaluations, selection, and implementations.
  • Provide Materials Management strategic support to home health, skilled nursing, and long-term care facilities. Collaborate with relevant GPO and supply distributor to ensure accurate contract pricing.
  • Oversee or lead Materials Management Kaizen teams for process improvement in the MM departments.
  • Present implemented savings to Network Value Analysis Steering Committee at quarterly meetings.
  • Analyze market conditions and statistical data, interview vendors, and review catalogs and other source material to obtain information on items for purchase.
Requirements

Bachelor's Degree in Business Administration or Healthcare Administration, RN, BSN, and/or 5 years' experience in a healthcare setting. Value Analysis experience preferred. Master's degree preferred.

Five (5) years' experience in Purchasing or Materials Management in a healthcare setting. Must be accurate in dealing with figures. Proficient in computer/Microsoft Excel experience required.