What are the responsibilities and job description for the Value Analysis Facilitator l - Atlanta Georgia - Hybrid position at Wellstar Health System, Inc.?
Facility: Wellstar MCG Health, Inc.
Job Summary:
Responsible for the overall direction, coordination, implementation, execution, control and completion of Value Analysis projects across the health system ensuring consistency with Wellstar's strategy, commitments and goals. More specifically, while maintaining or improving the quality of patient care, leads and manages mutli-disciplinary project teams to identify and implement substantial supply cost reduction, supply standardization, and supply utilization initiatives. Reviews and assesses applicable financial, clinical, and operational data, as well as evidence-based literature to assist teams in evaluating new supplies and new technology. Appropriately assists in the selection, evaluation, monitoring, analysis and implementation of cost-effective products and purchased services in the healthcare system. Develops and maintains collaborative relationships with clinical, administrative, and healthcare system executives and
staff to ensure effective, results-oriented project outcomes.
Core Responsibilities and Essential Functions:
Project Management & Leadership
* Leads Value Analysis projects (supply cost reduction, supply utilization, and supply standardization projects) for WellStar Health System with appropriate project stakeholders including but not limited to: Service Line Chiefs, CMO, CSO, CNO, CQO, Physicians, Nurses, Departmental Directors, and Managers.
* Persuasively sells ideas to gain support and buy-in from key internal and external stakeholders.
* Leads Value Analysis monthly/bi-monthly team meetings.
* Creates and executes project-specific work plans and revises as appropriate to meet changing business needs and requirements.
* Identifies resources (internal and external) needed and assigns individual responsibilities. External resources may include GPO, vendors, and other WellStar team members.
* Effectively applies Value Analysis methodology and enforces project management standards.
* Ensures project related documents are complete, current, and stored appropriately.
* Monitors and reports value analysis projects to administration and department managers at individual hospitals and at the system level.
Analysis, Tracking and Reporting
* Conducts clinical research on supplies and distributes to clinicians in order to determine safety and efficacy of clinical products.
* Conducts various analyses including but not limited to cost-benefit, SBAR, ROI, NPV, procedural direct/indirect margin analysis, and proformas; verifying accuracy and completeness of all data which may come from several independent systems.
* Identifies opportunities for cost reduction via review of spend analysis databases, purchase history, industry benchmarks, contract compliance data and utilization information.
* Gathers, researches, analyzes, and evaluates data from a variety of sources to produce strategic and actionable short and long-term recommendations. Summarizes key findings and conclusions; presents recommendations to key stakeholders including senior executives.
* Maintains record of implemented projects and documented cost savings achieved.
* Prepares and distributes team meeting agendas and minute.
* Writes project summary articles for supply chain newsletters.
Negotiation & Vendor Management
* Leads vendor negotiations and/or contract negotiations.
* Ensures vendor compliance with all applicable Value Analysis policies and procedures.
Customer Service
* Responsible for building strategic alliances with Physicians, Senior Leadership, Directors, Managers, Clinicians.
* Serves as a liaison between hospital/system administration, departments, clinical staff, vendors and Supply Chain staff to ensure cost-effective utilization of supplies, including but not limited to the following as appropriate: medical/surgical supplies, physician preference items, pharmaceutical supplies, capital equipment, technology and process-related activities.
* Interacts with all appropriate departmental directors and managers in individual hospitals and at the system level communicating project statuses and soliciting necessary follow-up.
* Maintains positive relationships with internal and external customers.
* Responds to internal and external customer inquiries in a timely manner
Performs other duties as assigned
Complies with all Wellstar Health System policies, standards of work, and code of conduct.
Required Minimum Education:
- Bachelors Business Science Degree or
- Diploma (Nurse) Nursing-Preferred or
- Associates Nursing-Preferred or
- Bachelors Nursing-Preferred
Required Minimum License(s) and Certification(s):
All certifications are required upon hire unless otherwise stated.
Additional License(s) and Certification(s):
Reg Nurse (Single State) - if applicable Upon Hire Required or
RN - Multi-state Compact - if applicable Upon Hire Required or
Cert Surgical Tech - if applicable Upon Hire Required or
Respiratory Care Prof - if applicable Upon Hire Required or
Required Minimum Experience:
Minimum 3 years of relevant experience in healthcare, supply chain, or clinical setting Required or
Minimum 3 years or more consulting or project management experience Preferred or
Minimum 3 years or more experience developing financial analyses such as cost-benefit, pro-forma/NPV, ROI, or cost/case analysis Preferred and
Experience analyzing and comparing RFP responses from vendors Preferred and
Previous experience using healthcare data for analysis Preferred and
Previous experience leading supply cost reduction, standardization or utilization projects Preferred
