Methodist Health System
Value Analysis Specialist
Methodist Health System, Omaha, Nebraska, us, 68197
Why work for Nebraska Methodist Health System?
At Nebraska Methodist Health System, we focus on providing exceptional care to the communities we serve and people we employ. We call it The Meaning of Care - a culture that has and will continue to set us apart. It's helping families grow by making each delivery special, conveying a difficult diagnosis with a compassionate touch, going above and beyond for a patient's needs, or giving a high five when a patient beats a disease or conquers a personal health challenge. We offer competitive pay, excellent benefits and a great work environment where all employees are valued! Most importantly, our employees are part of a team that makes a real difference in the communities we live and work in.
Job Summary: 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. Schedule:
Mon - Fri, 8:00am to 5:00pm
Job Description: 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. Skills/Knowledge and Abilities:
Possess knowledge of clinical and supplies, equipment, and purchased services. Understand financial principles and cost management in healthcare. Able to assess the financial implications of clinical practices and interventions. Understand clinical processes and outcomes to inform value-based decisions. Proficient in analyzing and interpreting healthcare data to drive actionable insights. Able to work effectively with clinical teams to understand their needs and integrate feedback into analysis. Skill in utilizing evidence-based practices to support recommendations and initiatives. Proficient in Microsoft Office, including Word, Excel, PowerPoint, and Outlook. Strong verbal communication skills for positive interaction with staff and customers. Able to perform complex statistical and financial analysis. Able to read, write, and comprehend various written reports and documents. Able to travel to various locations. Physical Requirements
Weight Demands
Light Work - Exerting up to 20 pounds of force Physical Activity
Not necessary for the position (0%): Climbing Crawling Kneeling
Occasionally Performed (1%-33%): Balancing Carrying Crouching Distinguish colors Lifting Pulling/Pushing Reaching Stooping/bending Twisting
Frequently Performed (34%-66%): Grasping Keyboarding/typing Repetitive Motions Sitting Speaking/talking Standing Walking
Constantly Performed (67%-100%): Hearing Seeing/visual
Job Hazards
Not Related: Chemical agents (Toxic, Corrosive, Flammable, Latex) Biological agents (primary air born & blood borne viruses) (Jobs with Patient contact) Blood or Body Fluid (BBF) Physical hazards (noise, temperature, lighting, wet floors, outdoors, sharps) (more than ordinary office environment) Equipment/Machinery/Tools Explosives (pressurized gas) Electrical Shock/Static Radiation Alpha, Beta and Gamma (particles such as X-Ray, Cat Scan, Gamma Knife, etc) Radiation Non-Ionizing (Ultraviolet, visible light, infrared and microwaves that causes injuries to tissue or thermal or photochemical means) Mechanical moving parts/vibrations
About Methodist:
Nebraska Methodist Health System is made up of four hospitals in Nebraska and southwest Iowa, more than 30 clinic locations, a nursing and allied health college, and a medical supply distributorship and central laundry facility. From the day Methodist Hospital was chartered in 1891, service to our communities has been a top priority. Financial assistance, health education, outreach to our diverse communities and populations, and other community benefit activities have always been central to our mission.
Nebraska Methodist Health System is an Affirmative Action/Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, age, national origin, disability, veteran status, sexual orientation, gender identity, or any other classification protected by Federal, state or local law.
Job Summary: 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. Schedule:
Mon - Fri, 8:00am to 5:00pm
Job Description: 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. Skills/Knowledge and Abilities:
Possess knowledge of clinical and supplies, equipment, and purchased services. Understand financial principles and cost management in healthcare. Able to assess the financial implications of clinical practices and interventions. Understand clinical processes and outcomes to inform value-based decisions. Proficient in analyzing and interpreting healthcare data to drive actionable insights. Able to work effectively with clinical teams to understand their needs and integrate feedback into analysis. Skill in utilizing evidence-based practices to support recommendations and initiatives. Proficient in Microsoft Office, including Word, Excel, PowerPoint, and Outlook. Strong verbal communication skills for positive interaction with staff and customers. Able to perform complex statistical and financial analysis. Able to read, write, and comprehend various written reports and documents. Able to travel to various locations. Physical Requirements
Weight Demands
Light Work - Exerting up to 20 pounds of force Physical Activity
Not necessary for the position (0%): Climbing Crawling Kneeling
Occasionally Performed (1%-33%): Balancing Carrying Crouching Distinguish colors Lifting Pulling/Pushing Reaching Stooping/bending Twisting
Frequently Performed (34%-66%): Grasping Keyboarding/typing Repetitive Motions Sitting Speaking/talking Standing Walking
Constantly Performed (67%-100%): Hearing Seeing/visual
Job Hazards
Not Related: Chemical agents (Toxic, Corrosive, Flammable, Latex) Biological agents (primary air born & blood borne viruses) (Jobs with Patient contact) Blood or Body Fluid (BBF) Physical hazards (noise, temperature, lighting, wet floors, outdoors, sharps) (more than ordinary office environment) Equipment/Machinery/Tools Explosives (pressurized gas) Electrical Shock/Static Radiation Alpha, Beta and Gamma (particles such as X-Ray, Cat Scan, Gamma Knife, etc) Radiation Non-Ionizing (Ultraviolet, visible light, infrared and microwaves that causes injuries to tissue or thermal or photochemical means) Mechanical moving parts/vibrations
About Methodist:
Nebraska Methodist Health System is made up of four hospitals in Nebraska and southwest Iowa, more than 30 clinic locations, a nursing and allied health college, and a medical supply distributorship and central laundry facility. From the day Methodist Hospital was chartered in 1891, service to our communities has been a top priority. Financial assistance, health education, outreach to our diverse communities and populations, and other community benefit activities have always been central to our mission.
Nebraska Methodist Health System is an Affirmative Action/Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, age, national origin, disability, veteran status, sexual orientation, gender identity, or any other classification protected by Federal, state or local law.