Director of Value Analysis, Hospital Finance

Suny Downstate Medical Center

Full-time - Director

Educational Services

About the position

The Department of Hospital Finance at SUNY Downstate Health Sciences University is seeking a full-time Director of Value Analysis. This pivotal role involves overseeing various Supply Chain functions, including the Value Analysis Program, Supply Chain Sustainability, Contract Management, and Enterprise Resource Management (ERP) system operations. The Director will lead a dedicated team, which includes positions such as MMIS Manager, Supply Chain Sustainability Coordinator, Value Analysis Analyst, and Contract Coordinator. Responsibilities include selecting, training, scheduling, motivating, supervising, and evaluating employees, as well as making recommendations for disciplinary actions when necessary. The Director's expertise in ERP software is crucial, encompassing functional and practical knowledge related to item master maintenance, contract management, and electronic data interchange (EDI). The role requires establishing and executing streamlined methodologies to ensure seamless ordering, price management, and maintenance of ERP functions that support the Supply Chain. The Director will also manage the review and financial analysis of new or renewal processes for clinical items and contracts serving the hospital. In addition to these responsibilities, the Director will provide expertise in supply expense management, mediating issues with distributors and manufacturers, resolving product quality concerns, and continuously monitoring outcomes for desired results. The Director will maintain Key Performance Indicators (KPIs) for hospital supply chain functions and operations, collaborating with Finance and various stakeholders, administrators, and clinicians to achieve desired results. The role also involves leading the implementation of strategic process improvements and managing relationships with medical/surgical distributors and other strategic partners.

Responsibilities

• Oversee Supply Chain functions including the Value Analysis Program, Supply Chain Sustainability, Contract Management, and ERP system operations.
• Lead and manage a dedicated team including MMIS Manager, Supply Chain Sustainability Coordinator, Value Analysis Analyst, and Contract Coordinator.
• Select, train, schedule, motivate, supervise, and evaluate employees, making recommendations for disciplinary actions.
• Establish and execute streamlined methodologies for seamless ordering and price management.
• Manage the review and financial analysis of new or renewal processes for clinical items and contracts.
• Provide expertise in supply expense management and resolve product quality concerns.
• Maintain KPIs for hospital supply chain functions and operations.
• Collaborate with Finance and stakeholders to achieve desired results.
• Lead implementation of strategic process improvements.
• Manage relationships with medical/surgical distributors and other strategic partners.

Requirements

• Bachelor's Degree in Business, Finance, or Operations with 3+ years of relevant experience; OR equivalent combination of education and experience.
• Proven track record in supply chain systems, analytics, and operations within the healthcare sector.
• Experience in multiple healthcare functional environments.
• Proficiency in utilizing Lawson (Infor) and Oracle (SCM Cloud) ERP systems.
• Knowledge of medical products or working knowledge of supply chain operations.
• Experience working with Healthcare Group Purchasing Organizations (GPO), distributor, and manufacturer item data.
• Experience with SQL or other relational database language and data analysis.
• Strong project and product management skills.
• Excellent problem-solving and analytical skills.

Nice-to-haves

• Master's Degree in a similar background.
• Certification in Supply Chain Management (e.g., CSCMP, APICS, CMRP) or related field.
• Additional certifications in data analytics (e.g., Certified Analytics Professional) or process improvement methodologies (e.g., Lean Six Sigma).
• Advanced Microsoft Excel, PowerPoint, and Project Management software skills.
• 2+ years in an analytically focused leadership position.
• 5+ years process/quality improvement, value analysis, or related experience in a healthcare setting.
• Proficient in using data visualization tools such as Tableau.