What are the responsibilities and job description for the Value Analysis Manager position at Code Bellew?
Job Description
Welcome to Saint Francis Health System, where we are dedicated to providing top-quality healthcare services to our community. We are currently seeking a highly motivated and experienced Value Analysis Manager to join our team. In this role, you will be responsible for evaluating and improving the cost-effectiveness and quality of products and services used within our organization. This is an exciting opportunity to make a significant impact on the financial and operational success of our healthcare system. To thrive in this position, the ideal candidate must possess a strong analytical mindset, excellent communication and negotiation skills, and a deep understanding of healthcare products and services. If you are passionate about driving value and making a difference in the healthcare industry, we invite you to apply for this position and become a valuable member of our team.
- Evaluate and analyze the cost-effectiveness and quality of products and services used within the organization.
- Develop and implement strategies to improve the overall value and efficiency of healthcare services.
- Collaborate with cross-functional teams to review and select products and services that meet the needs of the organization.
- Conduct market research and stay up-to-date on industry trends to identify potential cost-saving opportunities.
- Negotiate with vendors and suppliers to obtain the best possible pricing and terms for products and services.
- Develop and maintain strong relationships with key stakeholders, including physicians and department heads, to ensure their input and needs are considered in the value analysis process.
- Monitor and track the usage and cost data of products and services to identify areas for improvement.
- Lead and facilitate value analysis committee meetings to review and approve new products and services for use within the organization.
- Develop and maintain standard operating procedures related to value analysis processes.
- Train and educate staff on value analysis principles and processes.
- Monitor and report on the success and impact of value analysis initiatives to senior management.
- Maintain compliance with regulatory standards and guidelines related to product and service selection and purchasing.
- Collaborate with the finance department to ensure accurate budgeting and forecasting related to product and service costs.
- Stay informed on changes and advancements in the healthcare industry and incorporate them into value analysis strategies.
- Uphold the mission, vision, and values of Saint Francis Health System in all aspects of the job.