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Clinical Value Analyst

$91.52k - $114.4k
Full-time

Luminis Health

Clinical Value Analysis Specialist

Position Overview

The Clinical Value Analysis (CVA) Specialist supports the execution of a system-wide clinical value analysis program focused on non-labor expense management, product standardization, utilization optimization, and evidence-based product and technology evaluation.

Reporting to the leader of Clinical Value Analysis, this role partners closely with clinicians, supply chain, finance, and operational leaders to deliver data-driven insights, facilitate value analysis workflows, and implement approved initiatives that improve quality, safety, and financial performance.

This position plays a critical role in operationalizing the CVA program through analytics, coordination, and stakeholder engagement.

  • Support enterprise-wide clinical value analysis initiatives aligned with system strategy and financial goals
  • Identify and help execute opportunities for supply expense reduction and utilization improvement
  • Enable data-driven decision-making through analytics, reporting, and benchmarking
  • Facilitate efficient intake, evaluation, and implementation of product and technology requests
  • Maintain consistency in governance processes, documentation, and reporting

Essential Duties & Responsibilities

Program Execution & Support

  • Support the day-to-day operations of the Clinical Value Analysis program across acute, ambulatory, and post-acute settings
  • Coordinate value analysis workflows including intake, review, evaluation, and implementation tracking
  • Assist in maintaining standardized tools, templates, and documentation for consistency across the system
  • Track initiative status, timelines, and outcomes to ensure program execution

Analytics & Financial Performance

  • Analyze utilization, spend data, and clinical variation to identify cost-saving and standardization opportunities
  • Partner with Finance and Supply Chain to validate savings estimates and track realized savings
  • Develop dashboards, reports, and presentations to support decision-making and performance monitoring
  • Monitor contract compliance and assist in identifying leakage or savings opportunities

Clinical & Stakeholder Engagement

  • Partner with clinicians, nursing leaders, and physicians to support value analysis initiatives
  • Facilitate communication between supply chain, clinical teams, and vendors
  • Support consensus-building efforts by providing data, clinical evidence, and operational insights
  • Promote adoption of approved products, standards, and protocols

Product & Technology Evaluation

  • Support evaluation of new product, device, and equipment requests
  • Compile and summarize clinical evidence, financial impact, operational considerations, and benchmarking data
  • Coordinate product trials, evaluations, and feedback collection
  • Ensure documentation and compliance with value analysis governance processes

Governance & Committee Support

  • Provide administrative and analytical support to Value Analysis Committees (VACs), sub-teams (VAST), and the Value Analysis Review Board (VARB)
  • Prepare meeting materials, agendas, and summaries
  • Track decisions, approvals, and follow-up actions to ensure execution
  • Maintain records of evaluations, approvals, and standardizations
  • Assist with implementation of approved initiatives including product conversions and standardization efforts
  • Partner with Supply Chain and clinical teams to coordinate rollout and monitor adoption
  • Track and report on implementation progress, challenges, and outcomes
  • Support education and communication efforts related to changes

External Benchmarking & Market Insights

  • Utilize GPO tools and external resources (e.g., Premier, ECRI) to support benchmarking and evaluation
  • Monitor market trends, product innovations, and pricing benchmarks
  • Support comparative analyses to inform decision-making

Education & Experience Requirements

Required Education

  • Bachelor’s degree in Nursing, Healthcare Administration, Business, Supply Chain, or related field

Required Experience

  • 3–5 years of experience in healthcare, supply chain, clinical operations, or value analysis
  • Experience working with healthcare data, analytics, or financial reporting
  • Exposure to clinical products, medical devices, or hospital operations

Preferred Experience

  • Registered Nurse or licensed clinician
  • Experience supporting value analysis, supply chain, or clinical standardization initiatives
  • Familiarity with healthcare analytics tools, ERP systems, or GPO platforms

Key Competencies

  • Strong analytical and problem-solving skills
  • Ability to translate data into actionable insights
  • Effective communication and stakeholder engagement
  • Project coordination and organizational skills
  • Knowledge of healthcare operations, products, and clinical workflows
  • Attention to detail and process discipline

Pay Range

$44—$55 USD

Luminis Health Benefits Overview:
• Medical, Dental, and Vision Insurance
• Retirement Plan (with employer match for employees who work more than 1000 hours in a calendar year)
• Paid Time Off
• Tuition Assistance Benefits
• Employee Referral Bonus Program
• Paid Holidays, Disability, and Life/AD&D for full-time employees
• Wellness Programs
• Employee Assistance Programs and more
*Benefit offerings based on employment status

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Vacancy posted 2 days ago
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