You belong at St. Luke’s: Our family celebrates and supports you and encourages you to grow. Our family is there for you on the good days, the challenging days and everything in between. Join the St. Luke’s family, and see how you can be part of making life better for our patients, their families and each other. Position Details: Full-Time Day Shift Desloge Outpatient Center- Building A Description:

The Value Analyt is responsible for driving organization-wide product and service change and serves as an internal advocate of St. Luke’s Hospital's product/service standardization/utilization initiatives working through and effectively managing traditional barriers to improvement, analyzing to identify problems, formulate alternative solutions, understanding cost models, and determining clinical acceptability. This individual will coordinate new product or service introduction, trials, and overall change initiatives on behalf of end users at all St. Luke’s Hospital facilities.

The Sourcing and Contracting Departmental mission is to ensure the preservation and improvement of the quality of patient care while reducing or maintaining costs and risks related to the procurement and the use of products and services at all St. Luke’s Hospital business units and facilities through collaborative efforts and effective communication by a mode of service line steering teams and specialty sub-committees.

Reflects the mission, vision, and values of St. Luke’s Hospital, adheres to the organization's Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines, and all other regulatory and accreditation standards.

Principle Responsibilities

Consulting/Utilization Analysis:

• Leads multi-disciplinary project teams/clinical specialty committees responsible for product/service introductions, value analysis and utilization review consistent with St. Luke’s Hospital policies and procedures.
• Develops strategies and identifies process improvements that are focused on substantial supply/service cost reduction, standardization and utilization, while maintaining or enhancing quality.
• Oversees opportunities and develops qualitative/quantitative analyses and methodologies for product/service utilization and cost reduction efforts focused on cost containment, utilization, waste reduction, and overall cost per service.
• 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, using evidence based clinical data, benchmarked best practices and data driven analysis.
• Supports new product/service requestor in preparation of information/presentations and facilitates meetings between staff, physicians, and other appropriate parties in support of projects.
• Develops and maintains collaborative relationships with clinical, administrative, and healthcare system executives and staff to ensure effective, results-oriented project outcomes.
• Documents identified and implemented cost savings initiatives and audits projected utilization and actual spend.
• Participates in developing new programs, training efforts, product/service trials, departmental or organizational goals and projects, etc.

Communication/Advocacy:

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  Facilitates communications and applicable clinical literature to support product utilization, product conversions and additions, trials, and committee activities.
• Records and prepares product and service utilization reports and updates.
• Promotes St. Luke’s Hospital’s philosophy for implementing supply chain cost improvement initiatives, new product and service introductions and organizational goals.
• Serve as intermediary between Supply Chain Director and end users, helping to screen and analyze new product introductions.
• Coordinate inservicing with end users for new product introductions, trials, and product conversions.
• Work with Group Purchasing Organization to identify cost savings opportunities, program initiatives and best practices.

Additional Functions:

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  Assist the department in developing new opportunities, monitor existing strategic contracts to enhance vendor performance and fulfillment, utilizing leveraged spend, research current contracts for deeper discounts, reducing costs while maintaining quality, and base decisions on fact analysis and market intelligence.
• Assist the department in directing a clinically focused and user driven, financially responsible product and service evaluation and selection process with a focus on utilization, waste reduction, and overall cost per service reduction.
• Deliver presentations to a variety of audiences at various levels.
• Additional duties as directed.

Knowledge, Skills & Abilities

• Demonstrated ability to facilitate change and achieve savings goals.
• Ability to organize workload and set priorities.
• Project management experience with ability to initiate and complete projects with measurable outcomes.
• Understanding of financial analysis and quantitative/qualitative assessment data.
• Ability to organize workload and set priorities.
• Advanced skills in spreadsheet, word and presentation computer applications (PowerPoint).
• Strong communication skills.

Education:

Bachelor's Degree required

Experience:

3 years of relevant experience required.

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