Director- Value Analysis

Tampa General Hospital•Tampa, FL

About The Position

Under general supervision of the VP Purchasing and following 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 Value Analysis Program/Team and process across the healthcare organization, including oversight of value analysis software and tools. The Director facilitates Value Analysis committee meetings, including presentations, data research, and reimbursement work; coordinates with Service Line Colleges; and serves as a clinical resource for Materials Management product selection. The role leads evidence-based product-selection decisions focused on cost-effectiveness and quality outcomes, and drives total-value product selection to improve 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.
A clinical license corresponding to the clinical degree; listed credentials include Registered Nurse, Registered Respiratory Therapist, or Radiology Technologist.
Eight years of experience, including four years in a leadership capacity.
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 application.
Skill in analyzing data, practices, or procedures to define problems or objectives, identify relevant factors, formulate logical and objective conclusions, and recognize alternatives and their implications.
Ability to build strong relationships proactively with senior-level decision-makers, including physician and C-suite leaders, clinical staff, and vendors.
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 issues, and projected-outcome tracking.
Establish collaborative, results-driven cost savings, clinical quality, and outcome initiatives.
Identify opportunities for supply and service standardization, product utilization, and waste reduction.
Develop best-practice solutions to value analysis barriers.
Stay current on healthcare technology, regulatory, and operational trends that may affect product or service utilization or 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.
Oversee the strategic direction, implementation, and management of the Value Analysis Program/Team and process.
Oversee value analysis software and tools and facilitate committee meetings, including presentations, data research, and reimbursement.
Coordinate with Service Line Colleges and provide a clinical resource for Materials Management product selection.