Director, Value Analysis

Employment Type: Full time Shift: Description: POSITION PURPOSE Responsible for designing, developing and leading all Value Analysis activities across the Regional Health Ministries (RHM) of the Trinity Health organization. Serves as organizational resource for leading initiatives that balance optimal clinical outcomes with appropriate product utilization and supply stewardship. Works in tandem with the Unified Clinical Organization (UCO), Chief Nursing Officers (CNO's) and Clinical Service Line Leaders at the RHM level as a consultative knowledgeable resource in identifying clinical care variation through product usage and consumption data in an effort to advance the standard of care in nursing practice. ESSENTIAL FUNCTIONS 1. Knows, understands, incorporates, and demonstrates the mission, vision and values of Trinity Health in leadership behaviors, practices and decisions. 2. Supervises colleagues in Livonia and the various Regional Health Ministries, providing both virtual and onsite support, mentoring, managing, and educating. Establishes annual common goals and provides feedback into annual review process. 3. Develops strategies and processes for reducing supply expense for product standardization and utilization, benchmarked best practices and data driven analysis. Utilizes clinical evidence based data to coordinate activities at the RHMs to assist with better patient outcomes on products used. 4. Utilizes designated methodology for calculating savings targets and tracking realization based on savings categories; contract compliance, utilization review and new technology cost avoidance. 5. Identifies opportunities for product compression to improve internal and external operating costs and establishes a process for product succession through product closed product formularies. 6. Leads initiatives across the organization and across the continuum of care. 7. Works with physician and clinician champions as needed to ensure understanding and support of Value Analysis initiatives. 8. Works and collaborates with key stakeholders, RHM senior management, Group Purchasing Organizations (GPOs), COI, sourcing managers and suppliers to identify cost reduction opportunities and remove barriers to those opportunities when necessary. 9. Facilitates and serves as a clinical resource for Trinity Health Value Analysis Council and Ministry Value Analysis Teams: Researches and identifies “best practices” or established “gold standards” related to supply utilization; Assists Ministry Value Analysis teams in decision making and implementation of best practices or gold standards; Serves as liaison and resource to facilitate the resolution of issues that may occur post implementation of Value Analysis utilization or standardization initiatives at the Trinity-Health and national GPO level; Interfaces with COI and the Unified Clinical Organization (UCO) as it relates to clinical protocols that have an impact on product utilization and expense. 10. Promotes and articulates value analysis concepts and principles to all levels of the organization 11. Supports the RHM in the identification of cost reduction opportunities related to utilization misalignment (i.e., waste, misuse, over-specification, under-specification). 12. Identifies continued opportunities for contract optimization and compliance 13. Prepares executive summaries to outline complex issues which require senior leadership decisions and recommendations. 14. Incorporates reimbursement information into value analysis supply expense reduction initiatives to determine actual profitability levels. 15. Maintains a working knowledge of applicable Federal, State and local laws/regulations; the Trinity Health Integrity and Compliance Program and Code of Conduct; as well as other policies and procedures in order to ensure adherence in a manner that reflects honest, ethical and professional behavior. MINIMUM QUALIFICATIONS 1. Must possess a comprehensive knowledge of clinical products and Supply …

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