Description
This position is incentive eligible.
Introduction
Do you have the career opportunities as a
VP Strategic Sourcing you want with your current employer? We have an exciting opportunity for you to join HealthTrust which is part of the nation's leading provider of healthcare services, HCA Healthcare.
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 medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.
- Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
- Free counseling services and resources for emotional, physical and financial wellbeing
- 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)
- Employee Stock Purchase Plan with 10% off HCA Healthcare stock
- Family support through fertility and family building benefits with Progyny and adoption assistance.
- Referral services for child, elder and pet care, home and auto repair, event planning and more
- Consumer discounts through Abenity and Consumer Discounts
- Retirement readiness, rollover assistance services and preferred banking partnerships
- Education assistance (tuition, student loan, certification support, dependent scholarships)
- Colleague recognition program
- Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)
- Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.
Learn More About Employee Benefits
Note: Eligibility for benefits may vary by location.
Our teams are a committed, caring group of colleagues. Do you want to work as a VP Strategic Sourcing where your passion for creating positive patient interactions is valued? If you are dedicated to caring for the well-being of others, this could be your next opportunity. We want your knowledge and expertise!
Job Summary And Qualifications
As the
VP of Strategic Sourcing, you are responsible for segment of the national GPO contract portfolio which is approximately $10b in volume. You will establish the strategic direction for the GPO portfolio managed, leads execution of the portfolio work plan to deliver unparalleled value for HealthTrust members, and drives flawless execution of business objectives.
You will also not only enhance the value of the existing portfolio but is also responsible for expanding the portfolio to be the most comprehensive and competitive portfolio in the industry. They are accountable for the operational and financial performance of the sourcing team.
The VP role will collaborate with internal and external stakeholders such as:
- Internal: C-suite executives, legal, finance, sales, account management, clinical, categorization/cross reference, and other operational departments
- External-Suppliers: C-suite executives, national account teams, and legal resources
- External-Members: C-suite executives, physicians/clinicians, and supply chain operators
KEY RESPONSIBILITIES
- Oversees the development and execution of contracting strategies, ensuring that strategies:
- Meet the clinical, operational, and financial objectives of HealthTrust members
- Support HealthTrust environmental sustainability and supplier engagement efforts
- Meet the strategic objectives of the HealthTrust business
- Align with the HealthTrust committed model
- Oversees the negotiation and finalization of contracts, ensuring that:
- Contract terms and conditions are held to the highest standard
- Follow all policies and procedures
- Ensures that the contract portfolio: has an appropriate breadth of category coverage, remains competitive and market leading, supports the unique needs of all care class of trades, is appropriately maintained throughout term of agreement.
- Meets and exceeds annual goals, including but not limited to: savings, category expansion, operational/productivity, and ensuring portfolio remains competitive.
- Develop and maintain supplier executive relationships
- Understand supplier key initiatives, objectives and partner with contracted suppliers to deliver on HealthTrust commitments.
- Ensure supplier partners are held accountable
- Develop and maintain member relationships. Champion members interests, including but not limited to:
- Understanding member key initiatives and how those integrate or impact GPO contracting initiatives
- Understanding member needs and deliver a portfolio that meets needs
- Collaborate with members on Supply Chain Board and Advisory Boards and work with members to align boards with contracting workplan/strategies
- Resolving member issues with suppliers and/or our contract portfolio
- Collaborate with Members, Account Management, Clinical Operations, and Supply Chain Board Operations to ensure we are gaining member alignment on contracting strategies and awards
- Collaborate and execute on opportunities with Global Sourcing and Private Label
- Collaborate and support HealthTrust GPO in the United Kingdom
DUTIES
- Manage a fast-paced work environment that demands strong capabilities to drive projects and initiatives without much guidance and deliver them to completion.
- Lead critical conversations on confidential information to gain alignment and assess root cause of both member and supplier issues.
- Supporting and in some cases leading HealthTrust strategic initiatives across the organization
- Ensure self and team adhere to policies and procedures and operate at the highest ethical standard
- Ensure a culture where everyone feels heard, seen and valued, positivity, trust,, and innovation
- Ensure contracting work plan (project) timelines are appropriately managed
- Hold team accountable to project plans
- Minimize contract extensions
- Ensure team is prepared for functional team meetings, dry runs, and board meetings
- Ensure a customer-focused team environment
- Establishes clear, measurable goals that align team’s efforts with the organization’s vision/mission.
- Participate in key industry events and stay educated on industry news, issues and opportunities
- Utilize global sourcing team for market research / information
- Ensure team is highly collaborative with the “functional team” of sourcing, clinical, finance, legal and other key parts of the organizations
- Create processes and decisions that make effective use of organizational resources and enhance operational efficiency.
- Evaluate supplier product pipelines and emerging technologies to determine impact on members and opportunity for category expansion
REQUIREMENTS
- Bachelor’s degree required
- At least 15 years’ experience in sourcing/contracting and at least 10 years effectively manage teams
- Healthcare and/or GPO experience strongly preferred
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.
"Bricks and mortar do not make a hospital. People do."- Dr. Thomas Frist, Sr.
HCA Healthcare Co-Founder
If you are looking for an opportunity that provides satisfaction and personal growth, we encourage you to apply for our VP Strategic Sourcing opening. We promptly review all applications. Highly qualified candidates will be contacted for interviews.
Unlock the possibilities and apply today!
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.
