Director- Value Analysis

Tampa General Hospital•Tampa, FL

About The Position

Under the general supervision of the VP Purchasing and in accordance with established policies and procedures, the Director of Value Analysis oversees the value analysis function for adding new products, replacing existing products, and consolidating product lines to improve clinical outcomes and reduce costs. The role is responsible for the strategic direction, implementation, and management of the organization’s Value Analysis Program, team, and processes, including oversight of value analysis software and tools. The Director facilitates Value Analysis committee meetings, including presentations, data research, and reimbursement review; coordinates with Service Line Colleges; and serves as a clinical resource for Materials Management product selection. The role leads evidence-informed product-selection decisions that focus on cost-effectiveness, quality outcomes, and total value, with the goal of improving patient care through evaluation of products, equipment, and services. Job duties are performed in accordance with Tampa General Hospital’s mission, vision, and values.

Requirements

  • Bachelor’s degree in Nursing, Respiratory Therapy, Radiologic Technology, or a related allied health field.
  • Eight years of experience, including four years in a leadership capacity.
  • A clinical license corresponding to the clinical degree is required.
  • Knowledge of Value Analysis software and previous experience as a Value Analysis software Superuser.
  • Experience with budgeting and forecasting.
  • Knowledge of the nursing process, Service Line structures, standards of care, medical equipment, and medical/surgical supply applications.
  • Ability to analyze data, practices, or procedures; define problems or objectives; identify relevant concerns and factors; draw logical, objective conclusions; and recognize alternatives and their implications.
  • Ability to proactively build strong relationships with senior-level decision-makers, including physician and C-suite leaders, clinical staff, and vendors.
  • Demonstrated project management and leadership abilities, including experience mentoring and developing team members.
  • Strong organizational skills and ability to prioritize and manage multiple responsibilities effectively.
  • Ability to work independently with organizational skills and flexibility.
  • Ability to inspire confidence, diffuse tension, and function as a change agent.

Responsibilities

  • Develop and lead the value analysis process across multiple service lines and departments to support efficient, cost-effective operations.
  • Oversee value analysis and approval processes for selecting clinical products, equipment, services, and technology.
  • Facilitate relationships with physicians, key stakeholders, and executives to optimize value analysis initiatives.
  • Participate in vendor business reviews.
  • Support and participate in value analysis executive steering committee meetings.
  • Direct product and service requests, analysis, introduction, investigation, education, conversion issue management, and tracking of projected outcomes.
  • Establish collaborative, results-driven initiatives for cost savings, clinical quality, and outcomes.
  • Identify opportunities for supply and service standardization, product-utilization improvement, and waste reduction.
  • Develop best-practice solutions to address value analysis barriers.
  • Stay current on healthcare technology, regulatory, and operational trends that may affect product or service utilization and value analysis processes.
  • Lead and facilitate new product requests with physicians and clinicians and optimize group purchasing organization contract portfolios.
  • Work with executive value analysis committees, strategic sourcing, finance, decision support, infection prevention, education, leadership, risk management, legal, IT, and other department leaders to review, select, and implement product decisions and savings initiatives.
  • Facilitate Value Analysis committee meetings, including presentations, data research, and reimbursement review.
  • Coordinate with Service Line Colleges and serve as a clinical resource for Materials Management product selection.
  • Oversee value analysis software and tools.
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