VP Strategic Sourcing

HCA Healthcare•Nashville, TN

40d

About The Position

This position is incentive eligible. HealthTrust is seeking a Vice President of Strategic Sourcing to set the strategic direction for our national GPO portfolio, drive innovation, and deliver unparalleled value to our members. This is a high-impact leadership role where you'll collaborate with C-suite executives, suppliers, and healthcare leaders nationwide to create the most competitive and comprehensive contract portfolio in the industry. Share your leadership skills and come make a difference with us! HealthTrust, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include: Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation. Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more. Free counseling services and resources for emotional, physical and financial wellbeing 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service) Employee Stock Purchase Plan with 10% off HCA Healthcare stock Family support through fertility and family building benefits with Progyny and adoption assistance. Referral services for child, elder and pet care, home and auto repair, event planning and more Consumer discounts through Abenity and Consumer Discounts Retirement readiness, rollover assistance services and preferred banking partnerships Education assistance (tuition, student loan, certification support, dependent scholarships) Colleague recognition program Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence) Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income. Learn more about Employee Benefits Note: Eligibility for benefits may vary by location. Job Summary and Qualifications Responsible for leading all non-labor contracting efforts, supplier relationships, and capital equipment services, including vision, strategy, execution, and overall business development for HCA Healthcare and HealthTrust members. This includes overseeing a comprehensive approach to asset management, delivering substantial year-over-year value, and leading large-scale transformations of medical equipment management processes. Manages team resources and personnel at the corporate and division levels and has ultimate ownership for the contract performance for over 14 billion of operational spend. In todays challenging business environment of cost pressures, supply disruptions, and workforce shortages, it is crucial for providers to efficiently manage expenses and enhance performance. HealthTrust, in collaboration with 1,800 hospitals and health systems, offers a specialized group purchasing organization (GPO) membership model designed to deliver immediate and sustainable cost savings. Their team of experts provides tailored value acceleration engagements to address specific needs, delivering unparalleled benefits. With nationwide purchasing power and a focus on overall spending management, HealthTrust offers unmatched pricing advantages on supplies, along with industry-leading benchmarks and best practices. The dedicated team is committed to guiding and implementing performance enhancements in cost, quality, and outcomes. HCA Healthcare has been recognized as one of the World's Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years. HCA Healthcare spent an estimated 3.7 billion in costs for the delivery of charitable care, uninsured discounts, and other uncompensated expenses. "There is so much good to do in the world and so many different ways to do it." - Dr. Thomas Frist, Sr. HCA Healthcare Co-Founder Join our family of over 180 hospitals and about 2,000 sites of care to drive excellence and raise the bar for our over 35 million annual patient encounters. We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Requirements

15 years' relevant work experience minimum.
At least 10 years' experience in sourcing/contracting and at least 8 years' experience in effectively managing teams.
7+ years of related healthcare or industry experience, preferred experience specific to Medical Capital Equipment.
Healthcare and/or GPO experience strongly preferred.
Bachelor's Degree required.

Nice To Haves

Experience working in or directly with hospital facilities a plus.
Master's Degree a plus

Responsibilities

Oversee the development and execution of contracting strategies and capital equipment service offerings.
Lead the negotiation and finalization of contracts, ensuring optimal terms and conditions.
Manage supplier executive relationships and ensure accountability.
Develop and maintain HealthTrust member relationships, championing HCAs interests.
Collaborate with internal and external stakeholders, including C-suite executives, clinical leadership, and supply chain operators.
Meet and exceed annual goals, including savings, category expansion, and operational productivity.
Establish strategic direction for HCA's contract portfolio and influence senior leadership.
Manage financial and budgetary considerations, revenue, and customer relationships.
Lead team integration, leadership, and personnel development.
Develop critical service line offerings and execute them within HCA and other HealthTrust members.
Maximize value across the equipment lifecycle, including planning, acquisition, management, and disposition.
Develop processes, policies, and technologies to ensure a complete capital asset management program.
Take a lead role in the development and execution of HealthTrust Capital Equipment Services business direction and strategic plan.
Lead all aspects of communications related to HealthTrust Capital Equipment Services.
Ensure strategic vision becomes a viable, value-based solution that is executable.
Create systems, processes, and decisions that make effective use of organizational resources and enhance operational efficiency.
Establish clear goals that align team's efforts with the organizations vision.
Manage initiatives and teams in a dynamic, fast-paced work environment.
Lead critical conversations on confidential information to gain alignment and assess root cause of both member and supplier issues.
Ensure self and team adhere to policies and procedures and operate at the highest ethical standard.
Ensure a culture where everyone feels heard, seen and valued, positivity, trust,, and innovation.
Ensure contracting work plan (project) timelines are appropriately managed.
Participate in key industry events and stay educated on industry news, issues and opportunities.
Utilize global sourcing team for market research / information.
Ensure team is highly collaborative with the “functional team” of sourcing, clinical, finance, legal and other key parts of the organizations.
Evaluate supplier product pipelines and emerging technologies to determine impact on members and opportunity for category expansion.
Travel requirement up to 25%

Benefits

Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.
Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
Free counseling services and resources for emotional, physical and financial wellbeing
401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)
Employee Stock Purchase Plan with 10% off HCA Healthcare stock
Family support through fertility and family building benefits with Progyny and adoption assistance.
Referral services for child, elder and pet care, home and auto repair, event planning and more
Consumer discounts through Abenity and Consumer Discounts
Retirement readiness, rollover assistance services and preferred banking partnerships
Education assistance (tuition, student loan, certification support, dependent scholarships)
Colleague recognition program
Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)
Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.