Value Stream Manager- Purchasing, Full Time Days

Cape Fear Valley Medical Center • Full-time • Fayetteville, North Carolina, United States • $57,974 - $82,879 / year • 2w ago

Facility

Cape Fear Valley Medical Center

Location

Fayetteville, North Carolina

Department

Purchasing

Job Family

Management

Work Shift

Days (United States of America)

Summary

Utilize best of class leading practices, tools and data to communicate performance improvement opportunities with executives, physicians, management and other leaders on the opportunities for clinical and/or operational effectiveness. Responsible for reviewing all areas in Value Stream, identifying waste reduction opportunities, developing implementation initiatives, and executing those strategies. Ability to tie the costs of material usage and labor to patient charges and revenue to drive substantial savings and margin improvements from historic run rates.

Major Job Functions

The following is a summary of the major essential functions of this job. The incumbent may perform other duties, both major and minor, that are not mentioned below. In addition, specific functions may change from time to time:

Consult with internal and external resources/members/customers to define project scope, design, metrics, and implementation strategy of identified process improvement initiatives
Responsible for the data extraction, analysis, reporting, and communication of data (medical, financial, and quality) from internal and external systems, including designing reports and benchmarking results in a clear and concise manner
Create and deliver presentations, reports, analysis, and advises leadership on strategic recommendations.
Monitor monthly budget and general ledger reports
Provide variance analysis and recommended actions if appropriate
Reviews patient charges for new supplies used in accordance with Materials and Financial Planning guidelines
Analyzes the revenue cycle and revenue stream for the business unit and assists in developing feasibility and profitability analysis and/or business plans for new and/or existing programs, procedures, and service lines to maximize revenue capture and operational margins
Works with suppliers to establish goals, expectations, and development plans
Negotiates prices for implants, supplies and equipment from vendors
Analyze individual items or projects using the Total Cost of Ownership approach to drive financial improvements
Acting as integrated liaison to the value analysis program and standardization policies and procedures for introduction of new products to inventory and deletion of products from inventory
Coordinates and documents product recalls
Other duties as assigned

Minimum Qualifications

The following qualifications, or equivalents, are the minimum requirements necessary to perform the essential functions of this job:

Education and Formal Training:

Bachelor’s degree in business administration or related field required
Master’s degree in business or healthcare administration preferred
Business process modeling/mapping, methodology development and data modeling is preferred
Lean training preferred

Work Experience:

3 years in a healthcare delivery system with experience in data analytics and presentation
Experience working with clinical and/or financial data

Knowledge, Skills, and Abilities Required:

Ability to communicate critical information
Knowledge and ability to apply principles, theories and processes to operational management
Ability to understand technical and medical terminology as they relate to products used
Strong data analytical skills using a variety of software platforms
Ability to multi-task

Physical Requirements: