Expense Analyst Jobs in Tennessee (NOW HIRING)

This position is incentive eligible.

Do you want to join an organization that invests in you as a Value Analysis Director? At HealthTrust, you come first. HCA Healthcare has committed up to $300 million in programs to support our incredible team members over the course of three years.

Job Summary and Qualifications The Director leads, develops, and implements a strategic supply expense management and value analysis initiatives and programs across multiple integrated delivery networks (IDN), independent hospitals and health systems. This role partners with executive leadership, physicians, clinicians, supply chain leaders, and operational stakeholders to drive measurable improvements in cost, quality, outcomes, and operational performance. This position is responsible for reviewing and optimizing the current GPO contract portfolio, developing comprehensive clinical and utilization protocols, identifying value analysis program process improvement, and developing and executing product standardization plans for the hospital or system. This position is responsible for building strategic alliances with Hospital Executive Staff and Clinical Department Directors as it relates to successfully executing the Value Analysis Program

What you will do in this role includes, but is not limited to:

Strategic Leadership:

• Lead execution of enterprise value analysis and clinical resource management initiatives aligned with organizational strategic priorities.
• Support development and execution of strategic roadmaps focused on cost optimization, variation reduction, quality improvement, and supply chain transformation.
• Lead high-impact initiatives across multiple facilities and services lines while ensuring alignment with enterprise goals.
• Assist in development and refinement of governance structures, policies, workflows, and standardized methodologies for value analysis activities.
• Drive implementation of system-wide product standardization, utilization management, and clinical integration initiatives.
• Provides leadership in supply expense management to contribute to the facility or health system’s overall strategic plan, especially as it relates to supply expense.
• Direct multiple projects and tasks in a fast-paced environment.
• Assimilates information from a variety of sources, able to analyze data and make strategic recommendations, and executes a course of action
• Develops, implements, and coordinates within the hospital or system: Policies and procedures related to supply cost management and supply chain operations; Value Analysis Program; Product standardization and utilization

Client Relations and Engagement:

• Establishes and meets supply expense savings goals for customers as requested
• Collaborate with Finance, Sourcing, and Operational teams to validate savings opportunities and monitor initiative performance.
• Analyze financial, operational, utilization, and clinical performance data to identify opportunities and drive informed recommendations.
• Develops standardized documents, processes, and calculations for use by the supply expense management team to quantify supply savings solutions

Program Execution:

• Executes on established clinical supply expense improvement agenda incorporating cost, quality and outcomes.
• Drives clinical supply expense improvement through the development and deployment of standard toolkits, processes, and assessments. This includes a continual process to review and update of these toolkits, processes, and assessments.
• Guides multiple projects and team members simultaneously in a fast-paced environment that yields measurable and sustainable results.
• Defines a vision, identifies milestones of success, identifies current gaps, determines whom to work and partner, sets actionable goals, and consistently achieves those goals.

Consulting, Change Management, & Performance Improvement:

• Serve as a trusted advisor to health system leaders, providing strategic guidance and operational recommendations.
• Utilize healthcare consulting methodologies to assess opportunities, facilitate stakeholder alignment, and drive measurable improvement
• Apply Lean, Six Sigma, project management, and performance improvement methodologies to optimize workflows and outcomes
• Support implementation and sustainment of enterprise-wide initiatives and leading practices
• Cross-Functional Collaboration and Talent Development:
• Provides effective communication, which includes exceptional verbal, listening, writing, and presentation skills to a variety of stakeholders, from executives to front-line staff
• Demonstrates knowledge and expertise within Value Analysis in healthcare

What qualifications you will need:

• Bachelor’s degree in business, Nursing, Healthcare Administration, Pharmacy, Supply Chain Management, Allied Health or related healthcare field - Required
• MBA, MHA, MSN, DNP or relevant advanced degree - Preferred
• Minimum of 3 years progressive experience in healthcare value analysis, supply chain, clinical resource management, consulting or operational performance improvement - Required
• Demonstrated success in leading enterprise or multi-site value analysis or supply expense management initiatives. - Required
• Prior healthcare consulting experience - Preferred
• Excellent communication, leadership, and interpersonal skills - Required
• Ability to collaborate with diverse teams and manage multiple projects simultaneously - Required
• Experience presenting executive leadership and facilitating physician discussions - Required
• Strong analytical, communication, organizational, and relationship management skills - Required
• Certification in Healthcare Value Analysis (CVAHP) - Preferred
• Lean Six Sigma and/or PMP Certification - Preferred
• Clinical licensure where applicable (RN, PharmD, etc.) - Required
• Ability to travel up to 50% - Required

Benefits

HealthTrust, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:

• Comprehensive benefits for medical, prescription drug, dental, vision, behavioral health and telemedicine services
• Wellbeing support, including free counseling and referral services
• Time away from work programs for paid time off, paid family leave, long- and short-term disability coverage and leaves of absence
• Savings and retirement resources, including a 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service), Employee Stock Purchase Plan, flexible spending accounts, preferred banking partnerships, retirement readiness tools, rollover support and financial wellbeing counseling
• Education support through tuition assistance, student loan assistance, certification support, dependent scholarships and a partnership with Galen College of Nursing
• Additional benefits for fertility and family building, adoption assistance, life insurance, supplemental health protection plans, auto and home insurance, legal counseling, identity theft protection and consumer discounts

Learn more about Employee Benefits

Note: Eligibility for benefits may vary by location.

In today's challenging business environment of cost pressures, supply disruptions, and workforce shortages, it is crucial for providers to efficiently manage expenses and enhance performance. HealthTrust, in collaboration with 1,800 hospitals and health systems, offers a specialized group purchasing organization (GPO) membership model designed to deliver immediate and sustainable cost savings. Their team of experts provides tailored value acceleration engagements to address specific needs, delivering unparalleled benefits. With nationwide purchasing power and a focus on overall spending management, HealthTrust offers unmatched pricing advantages on supplies, along with industry-leading benchmarks and best practices. The dedicated team is committed to guiding and implementing performance enhancements in cost, quality, and outcomes.

HCA Healthcare has been recognized as one of the World’s Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years. HCA Healthcare spent an estimated $3.7 billion in costs for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.

"Good people beget good people."- Dr. Thomas Frist, Sr.
HCA Healthcare Co-Founder

We are a family 270,000 dedicated professionals! Our Talent Acquisition team is reviewing applications for our Value Analysis Director opening. Qualified candidates will be contacted for interviews. Submit your resume today to join our community of caring!

We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.