Job Description

Location: Methodist Corporate Office

Address: 825 S 169th St. - Omaha, NE

Work Schedule: Mon - Fri, 8:00am to 5:00pm

Responsible for providing support for cost savings, utilization review, and quality improvement efforts of the Value Analysis and Strategic Sourcing department. This position involves analyzing clinical and financial data to inform decision-making, while ensuring collaboration with stakeholders.

Responsibilities:

Essential Functions

Cost Management and Improvement Strategies :

• Collect, analyze, and interpret clinical and financial data to identify and implement opportunities for cost savings and quality improvement efforts.
• Prepare and present reports on findings, recommendations, and progress on value analysis projects to stakeholders.
• Review and assess applicable financial, clinical, and operational data, as well as evidence-based literature to support the evaluation of new supplies and new technology.
• Conduct qualitative/quantitative research for clinical product/service utilization and cost reduction efforts focused on cost containment, best practices, waste reduction, organizational goals and overall cost per service.

Collaboration and Communication :

• Collaborate with clinical staff, providers, supply chain, and finance teams to facilitate value analysis projects and initiatives, drive consensus, and resolve barriers
• Collaborate and coordinate with the Quality Department leaders across the health system to identify and evaluate areas of opportunity for quality improvement and cost savings.
• Provide support to clinical stakeholders and members of supply chain regarding value analysis and strategic sourcing processes.
• Facilitate meetings, including support the preparation of agendas, scheduling, execution of analyses, and presentations and facilitate the meeting. Scheduled meetings include but are not limited to:
• Monthly New Product Committee, Clinical Economics Committee, and Quality Value Analysis meetings
• Quarterly Value Analysis Team Meetings, and
• Bi-annual Value Analysis Steering Committee meetings.
• Service Line and/or provider meetings.
• Develop and prepare communications to clinical stakeholders by utilizing regular reporting protocols and standards to ensure that presentations are standardized, professional, and comprehensive.

Implementation and Evaluation :

• Support the implementation and conversion of supplies and services by verifying stakeholders and clinical implications, the effect on existing inventories, and the impact on existing contracts and suppliers to ensure all transitions are timely and complete (travel required).
• Support of ongoing and post-implementation review of new product or service introduction to validate assumptions.
• Use recognized practices and organizational resources collaboratively to evaluate clinical efficacy, appropriate use, and safety for the greatest financial value.
• Maintain accurate records of projects, data analyses, and communications related to value analysis initiatives.

Supplier Relations and Negotiation :

• Maintain frequent contact with suppliers to obtain product-related information and specifications to support the Value Analysis review process.
• Coordinate supplier meetings, and support negotiating strategies, by identifying the appropriate participants, collecting data, defining internal roles to ensure optimal results.
• Maintain confidentiality of patient and financial information in all interactions with suppliers and other non-hospital entities to ensure that all Health System and legal privacy requirements are maintained.
• Support request for proposals (RFP) and cost/benefit analyses associated with RFP responses by working with stakeholders and strategic sourcing to develop specifications and conducting market research to identify potential suppliers to ensure the creation of a competitive environment.

Job Requirements

Education:

• Bachelors in a healthcare, business, finance or a related field required.

Experience:

• Previous work experience in healthcare is required.

License/Certification:

• Valid and current driver's license required.
• Valid and current healthcare license, if applicable.

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