Note: The job is a remote job and is open to candidates in USA. Beth Israel Lahey Health is a healthcare organization dedicated to improving patient outcomes. The Senior Project Manager, Value Analysis, will lead initiatives to optimize clinical quality and cost-effectiveness by managing product evaluations and collaborating with various departments to ensure efficient implementation of clinical products.
Responsibilities
- Oversee the end-to-end product evaluation process: review new product requests (NPRs), coordinate trials, facilitate evaluations, and conduct product “look‑backs” to verify financial and clinical outcomes
- Use data—costs, utilization, quality metrics, reimbursement data, PO history—to build clear financial‑clinical analyses and ROI/value justification
- Facilitate clinician-led reviews using peer-reviewed literature, registries, and evidence platforms (e.g., Lumere/ECRI) to assess safety and efficacy
- Design and oversee product evaluations/trials per policy, collaborating with Infection Prevention, Quality & Safety, BioMed, and Materials Management
- Manage a value analysis sub-committee. Owns a portfolio of value analysis projects from intake through implementation. Create project scope, detailed plans, timelines, budgets, risk, and change management strategies
- Monitor execution, coordinate across departments, identify and resolve risks/blockers, escalate when needed, and measure progress against savings and quality targets
- Utilize the Physician Analytics Lumere tool to analyze variations in case costing, practice patterns, and implant preferences and drive cost savings through standardization
- Analyze utilization, price, and outcomes data (Workday, MMIS/item master, inventory management system) to model total cost of ownership and savings
- Build comparative analyses for PPI/implants and med-surg; quantify scenario impacts
- Partner with Strategic Sourcing and GPO to align contract compliance and enable standardization and commitment tiers
- Contribute to annual savings planning and category roadmaps
- Collaborate with accounts receivable, sourcing, and vendors to ensure rebates received and distributed to proper cost centers in a timely manner
- Maintain accurate rebate tracking logs; reconcile vendor reporting with internal purchasing data
- Report rebate accruals, collections, and missed opportunities regularly to leadership; support forecasting and budget impact analyses
- Monitor product rebate eligibility tied to GPO, local contracts, and vendor-specific commitments
- Lead clinician engagement, including value analysis committees and physician and nursing champions; resolve conflicts and drive consensus
- Prepare and present findings, strategic recommendations, progress updates, and savings metrics
- Plan cutovers (e.g., product conversions), coordinate education, go-live support, and sustainment monitoring
- Manage communications during shortages, discontinuations, and product changes, ensuring stakeholders are informed and aligned
- Develop and implement standardized VA processes, internal SOPs, tools, dashboards, and training modules for consistent execution across the system
- Reduce cycle time for NPRs, Workday item requests
- Streamline workflows for efficient conversion process
- Upload local contracts to systems to reduce pricing exceptions
- Offer mentorship and guidance to junior analysts, coordinators, or project managers on VA methodology and project management best practices
Skills
- Bachelor's degree in Business, Healthcare Administration, Supply Chain, Finance, Nursing, Surgical Technology, or related field required
- At least 2-4 years in supply chain, operations, value analysis, strategic sourcing, or project management in the healthcare industry
- Strong analytical capability, including advanced Excel, PowerPoint, and PowerBI dashboard
- Analytical problem solver with financial modeling skills and comfort with imperfect data
- Strong written, verbal, and interpersonal communication skills
- Strong stakeholder management and facilitation with physicians and clinical leaders
- Expert project/program management; able to lead multiple high-stakes initiatives concurrently
- Deep understanding of VA methodology: product review process, standardization, utilization, and contract alignment
- Detail‑oriented, process‑driven with a continuous‑improvement mindset
- High emotional intelligence, ability to influence across lines of authority, and build consensus
- Contract and rebate literacy, with the ability to identify missed value
- Change leadership, negotiation, and conflict resolution
- Master's degree (MHA, MBA, MPH) and/or clinical credential (RN, CST) preferred
- CVAHP or CMRP
Benefits
- Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) as a condition of employment.
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