Director- Value Analysis

A Brief Overview
Under general supervision of the VP Purchasing and following established policies and procedures, oversees the value analysis function pertaining to addition of new products, replacement of existing products, and consolidation of current product lines to provide improved clinical outcomes and reduced costs. Responsible for overseeing the strategic direction, implementation, and management of the Value Analysis Program/Team and process within the healthcare organization. Oversees Value Analysis software and tools. Facilitates all Value Analysis committee meetings to include presentations, data research and reimbursement. Coordinates with Service Line Colleges and function as a clinical resource for Materials Management product selection. Leads team in making informed decisions on product selection using peer-reviewed evidence, focusing on cost-effectiveness and quality outcomes. Drives the delivery of total value product selection, ensuring the improvement in patient care quality through evidence-based evaluation of products, equipment, and services. Responsible for performing job duties in accordance with mission, vision, and values of Tampa General Hospital.



What you will do

• Develop and lead the value analysis process across multiple service lines and departments to ensure efficient and cost-effective operations.
• Oversee the value analysis and approval processes for the selection of clinical products, equipment, services, and technology.
• Facilitate relationships with physicians, key stakeholders, and executives to optimize value analysis initiatives.
• Participate in vendor business reviews.
• Provide support and participate in the value analysis executive steering committee meetings.
• Direct product and service requests, analysis, introduction, investigation, analysis, education, conversion issues, and track projected outcomes.
• Establish cost savings, clinical quality, and outcome initiatives that are collaborative and results driven.
• Identify supply and service standardization, product utilization, and reduction of waste opportunities.
• Develop best practice solutions for identified value analysis barriers.
• Keep current on technology, regulatory, and operational trends in healthcare that may impact product/service utilization or value analysis processes.
• Lead and facilitate new product requests with physicians and clinicians and optimize group purchasing organization contract portfolios.
• Work with executive value analysis committees, strategic sourcing, finance, decision support, infection prevention, education, leadership, risk management, legal, IT, and other department leaders to review, select, and implement product decisions and savings initiatives.