Value Analysis Consultant - NE

Trinity Health•Hartford, CT
•Hybrid

About The Position

The Value Analysis Consultant is responsible for implementing and managing the Value Analysis process, focusing on appropriate utilization of supplies and services to ensure quality and safety. This role collaborates with key stakeholders to identify and direct supply-related requests for cardiovascular, surgical services, and other clinical areas to improve product quality and reduce costs. The consultant will also work with Ministry and system leadership to develop and implement cost-reduction strategies.

Requirements

  • Bachelors degree or higher in Supply Chain, Business Administration, Finance, or related field or an equivalent combination of education and experience.
  • 5+ years’ experience in a health care related role with experience directly related to supply chain, value analysis, clinical supply expense management, or sourcing.
  • Must possess a comprehensive knowledge of clinical products, Supply Chain management principles and practices as normally acquired through work experience.
  • Adapt to frequent interruptions, shifting priorities & stressful situations.
  • Attend to tasks until complete.
  • Understand and relate to complex ideas & concepts.
  • Be able to remember multiple tasks & regimens extending over long periods of time & work on concurrent tasks / projects.
  • Read small print.
  • Frequent ability to hear normal sounds & voice patterns.
  • Able to give / receive instructions & other verbal communications in-person & over the phone / computer / device / equipment assigned with some background noise.
  • Perform frequent manual dexterity activities & occasional grasping/handling.
  • Continuous attention to maintain a safe working environment & use of available personal protective equipment (PPE).
  • Comply with Trinity Health’s policies & procedures.

Nice To Haves

  • LPN, LVN or RN work experience
  • Professional clinical certification acquired through an accredited program

Responsibilities

  • Implement and manage the Value Analysis process, focusing on appropriate utilization of supplies and services for quality and safety.
  • Work with key stakeholders to identify and direct supply-related requests for cardiovascular, surgical services, and other clinical areas to improve product quality and cost of goods.
  • Collaborate with Ministry stakeholders and local/system leadership to develop cost reduction strategic and implementation plans.
  • Maintain a working knowledge of applicable Federal, state & local laws/regulations, Trinity Health Integrity & Compliance Program & Code of conduct, and other policies & procedures.
  • Facilitate a healing environment, encouraging and supporting basic needs as sacred acts, sustaining human dignity.
  • Practice in an environmentally safe, professional & healthy manner.
  • Value & advocate for the patient’s cultural beliefs & faith.
  • Monitor & initiate corrections or evidence-based practices.
  • Promote optimum physical & psychological behaviors.
  • Influence effective, judicious & financially responsible use of resources (people, equipment, supplies, materials).
  • Serve as a resource for leading initiatives that balance optimal clinical outcomes with appropriate product utilization and supply stewardship within assigned Ministry or Region.
  • Develop collaborative Ministry Value Analysis programs aligned with the system Value Analysis organization to foster accountability and enhance optimal supply spend in all Med/Surg product categories.
  • Lead activities that increase contract compliance while reducing stock keeping units (SKU's), using a clinically driven standardization process within assigned Ministry and/or Region.
  • Research and identify functional product equivalents and/or other conservation methods for supply chain disruptions.
  • Provide support and/or oversight to stakeholder and service line teams to develop spend management strategies in new product and technology reviews, utilization management and reduction of waste.
  • Ensure there is a balance between service line profitability and clinical effectiveness.
  • Lead the value analysis process and governance, identify and track savings opportunities, and stay current with major developments and changes within assigned commodities.
  • Provide guidance on strategic capital when disposable patient care items are impacted.
  • Ensure compliance to applicable local, regional and System Office and GPO contracts as identified by Trinity Health Strategic Sourcing.
  • Comply with Trinity Health Supplier Policy and related Procedures.

Benefits

  • Pay Range: $75592 - 113389 per year
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