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Day - 08 Hour (United States of America)

In the VBM Senior Specialist role, we are looking for a candidate who excels in collaboration with clinicians to drive value-based initiatives. The ideal candidate should possess strong communication skills to facilitate discussions effectively and bridge the gap between clinical, supply chain, and operational teams.

Additionally, expertise in business analytics is essential for data-driven decision-making, along with proven project management skills to track and oversee initiatives from inception to completion.

Furthermore, familiarity with healthcare regulations and industry standards, as well as the ability to adapt to evolving healthcare landscapes, will be crucial in ensuring the success of our value-based programs. A proactive approach to problem-solving and a commitment to continuous improvement will also be key attributes for this role.

This is a Stanford Health Care job.

A Brief Overview

The Senior Value Based Management Specialist works as a key link between the supply chain and clinical teams. This role focuses on finding cost-saving opportunities, reducing product variation, and improving how medical supplies are used, all while maintaining or improving patient care quality. The specialist collaborates with physicians, clinical staff, and administrative leaders to standardize products, streamline processes, and manage supply costs effectively.

A main responsibility of the position is leading product evaluations and facilitating meetings where supply decisions are made. The Senior Specialist also ensures that everyone involved understands and follows the organization's guidelines for selecting new products or changing existing ones. By using data and industry best practices, this role helps the organization make informed, cost-effective decisions about medical supplies.

The Senior Value Based Management Specialist plays a critical part in ensuring that the supply chain supports both financial goals and patient care standards, contributing to a more efficient and effective healthcare system.

Locations

Stanford Health Care

What you will do

+ The job duties listed are examples of typical responsibilities performed by individuals in this role and are not intended to encompass all potential tasks or assignments. Specific duties may vary depending on departmental or program needs without altering the general nature or level of responsibility. Employees may perform other duties as assigned and must adhere to all regulatory requirements and organizational standards, including compliance with Joint Commission requirements, patient safety protocols, and cultural diversity sensitivity.Lead the enterprise-wide refresh of the value based management (VBM) program objectives, including policies and procedures around the selection of medical products, services and technologies.

+ Facilitate subcommittee meetings with strong stakeholder engagement, preparing agendas, coordinating data collection, developing presentations, tracking key performance indicators, and managing follow-up actions.

+ Own and facilitate the intake process for new product introductions and conversions.

+ Evaluate supply variation for clinical justifications, making recommendations for standardization where applicable.

+ Lead strategic product conversations with physicians and clinical staff to standardize practices and shift vendor market share.

+ Oversee evidence-based product evaluation processes, including cost-savings initiatives and guidance for product evaluation teams.

+ Train Value Based Management committee members to analyze and review data effectively during product evaluations.

+ Develop and deliver educational materials for end-users on new product request tools and processes.

+ Build and maintain positive, collaborative relationships with internal and external customers.

+ Ensure compliance with all regulatory requirements and organizational policies related to value-based management activities.

+ Identify and mitigate potential risk areas, supporting problem resolution processes as needed.

+ Prepare and present detailed findings and recommendations to senior management, promoting a culture of evidence-based decision-making.

+ Lead cost-saving projects by collaborating with sourcing teams, clinicians, and data managers to foster continuous improvement and accountability. Keep current on technology, regulatory and operational trends within health care and academic medical centers that may impact product/service utilization or Value Based Management processes.

+ Collaborate with key stakeholders from Supply Chain and Clinical departments to implement products approved by Value Based Management committees and ensure stocking of necessary inventory

Education Qualifications

+ Bachelor’s degree in supply chain, finance, nursing or a relevant field.

Experience Qualifications

+ • Minimum of 5 years of related experience.• Demonstrated expertise in Value Based Management initiatives, healthcare supply chain operations, and industry best practices.• Familiarity with electronic medical record systems (e.g., Epic, Lawson) and materials management information systems (MMIS).

Required Knowledge, Skills and Abilities

+ Proven ability to engage stakeholders at all levels and foster a collaborative working environment.

+ Strong interpersonal skills, with a customer service mindset and consistent follow-up on issues.

+ Demonstrated success in leading complex projects, managing multiple priorities, and achieving results.

+ Strong organizational skills and the ability to inspire confidence, defuse tension, and act as a change agent.

+ Experience with data analytics and reporting to drive decision-making.

+ Proficiency in Microsoft Office applications (Word, Excel, PowerPoint, Visio).

+ Effective problem-solving abilities and an understanding of strategic decision-making processes in healthcare and supply chain environments.

+ Skilled in training and mentoring team members, ensuring they are equipped to handle new product evaluation processes and tools.

Licenses and Certifications

+ CMRP - Certified Materials & Resource Professional . or

+ Certified Value Based Management Healthcare Professional (CVAHP) preferred .

Physical Demands and Work Conditions

Blood Borne Pathogens

+ Category III - Tasks that involve NO exposure to blood, body fluids or tissues, and Category I tasks that are not a condition of employment

These principles apply to ALL employees:

SHC Commitment to Providing an Exceptional Patient & Family Experience

_Stanford Health Care sets a high standard for delivering value and an exceptional experience for our patients and families. Candidates for employment and existing employees must adopt and execute C-I-CARE standards for all of patients, families and towards each other. C-I-CARE is the foundation of Stanford’s patient-experience and represents a framework for patient-centered interactions. Simply put, we do what it takes to enable and empower patients and families to focus on health, healing and recovery._

_You will do this by executing against our three experience pillars, from the patient and family’s perspective:_

+ Know Me: Anticipate my needs and status to deliver effective care

+ Show Me the Way: Guide and prompt my actions to arrive at better outcomes and better health

+ Coordinate for Me: Own the complexity of my care through coordination

Equal Opportunity Employer Stanford Health Care (SHC) strongly values diversity and is committed to equal opportunity and non-discrimination in** **all of** **its policies and practices, including the area of employment. Accordingly, SHC does not discriminate against any person on the basis of race, color, sex, sexual orientation or gender identity and/or expression, religion, age, national or ethnic origin, political beliefs, marital status, medical condition, genetic information, veteran status, or disability, or the perception of any of the above. People of all genders, members of all racial and ethnic groups, people with disabilities, and veterans are encouraged to apply. Qualified applicants with criminal convictions will be considered after an individualized assessment of the conviction and the job requirements.

Base Pay Scale: Generally starting at $52.69 - $69.82 per hour

The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to, internal equity, experience, education, specialty and training. This pay scale is not a promise of a particular wage.

At Stanford Health Care, we seek to provide patients with the very best in diagnosis and treatment, with outstanding quality, compassion and coordination. With an unmatched track record of scientific discovery, technological innovation and translational medicine, Stanford Medicine physicians are pioneering leading edge therapies today that will change the way health care is delivered tomorrow.

As part of our spirit of discovery, we also leverage our deep relationships with luminary Silicon Valley companies to develop new ways to deliver preeminent patient care.

Learn about our awards (https://stanfordhealthcare.org/about-us/awards.html) and significant events (https://stanfordhealthcare.org/about-us/our-history.html) .