UC Health · 11 hours ago
Value Analysis Program Coordinator, First Shift, Full Time, Hybrid
UC Health is an adult academic health system focused on innovation and world-class care. The Value Analysis Program Coordinator will manage the Value Analysis Program, facilitating clinical value analysis across service lines to drive product change and enhance cost efficiency while collaborating with various departments.
BiotechnologyNon ProfitHealthcareHospitalHealth CareMedical
Responsibilities
Manage the process and key requirements of the Value Analysis Program supporting new product / technology requests as well as ongoing product efficiency initiatives
Leads and manages of the Value Analysis Program and its clinical multi-disciplinary committees consistent with UCH policy / procedure
Manages the assessment process for new product requests with introduction to Value Analysis clinical multi-disciplinary committees
Manages new product requests and projects via the UCH electronic request / repository tool
Develops strategies focused on supply cost reduction, standardization, and utilization, while maintaining or enhancing patient quality and outcomes
Ensures qualitative/quantitative analyses and methodologies for product utilization and cost reduction efforts including cost containment, utilization, waste reduction, and overall cost per case. Reviews applicable financial, cost benchmarks, clinical, and operational data, as well as evidence based literature to assist teams in evaluating new supplies and new technology
Documents identified and implemented cost savings initiatives and audits related to projected utilization and actual spend
Works in collaboration with Strategic Sourcing Managers and end users to asses and analyze new product introductions and opportunities to support contracting and cost reduction strategies
Develops collaborative relationships with clinical, administrative, and healthcare system executives and staff to ensure effective, results-oriented project outcomes
Facilitates key process requirements with the established product teams to coordinate cost savings opportunities related to product initiatives, new or renewed local or GPO contracts, product evaluations, data / end-user feedback collection, analysis, conversions, and sustainability tracking
Through the Value Analysis teams, works with hospital/system administration, departments, and clinical staff to identify opportunities related to cost-effective selection and utilization of products including but not limited to medical/surgical supplies and capital equipment
Collaborates with the Strategic Sourcing, Distribution, GPO, Logistics and Conversion teams and other relevant suppliers for product launches for both evaluations and product conversions
Facilitate Value Analysis Committee meetings and deliver presentations to a variety of audiences at various levels
Supports new product requestor in preparation of information/presentations and facilitates meetings between Value Analysis Product Committees, staff, physicians, and other appropriate parties
Participates with Group Purchasing Organization(s) to identify cost savings opportunities, program initiatives and best practices
Assists and performs other duties as assigned or related to the role
Secures information / data related to supply cost benchmarks, utilization and independent white papers supporting new product requests and/or product initiatives. Current tools and methods include, but are not limited to, FDA, ECRI, Vizient and other resources
Works to monitor and report system-wide value analysis related cost reductions to administration and department managers. Will track, trend, and report cost savings and avoidance associated with value analysis projects and initiatives
Works with internal Analysists to ensure the integrity of project data, processing, and analysis by entering data in spreadsheets, using pivot tables or in other means in order to create viable analytics for the Value Analysis teams
Maintain and communicate Key Performance Indicators (KPIs) for Value Analysis program activity, clinical and/or financial performance measurements related to value analysis
Provide ongoing communication exchange between Value Analysis and clinicians/physicians regarding new product/technology entry into the health system and changes to existing products and supplies
Provide timely and efficient communication to all requestors and sponsors regarding status of product requests, product evaluations, status updates, approvals / denials
Works with Nursing, Professional Education, Clinical Service Departments to communicate new product approvals and changes in utilization to support Nursing / Professional Educations plans for product education / in-services
Qualification
Required
Bachelor's degree in business, healthcare or nursing
Minimum of 5 years of relevant experience
Preferred
Master's degree in healthcare or business-related field
Clinical license preferred
Certification in value analysis or a clinical specialty preferred
Company
UC Health
UC Health brings together the region’s top clinicians and researchers to provide world-class care to the Cincinnati community and beyond.
Funding
Current Stage
Late StageLeadership Team
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