Clinical Value Analyst
Luminis Health · Annapolis, MD · 4 days ago
Analyst$44–$55/hrFull-time
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 goalsIdentify and help execute opportunities for supply expense reduction and utilization improvementEnable data-driven decision-making through analytics, reporting, and benchmarkingFacilitate efficient intake, evaluation, and implementation of product and technology requestsMaintain 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 settingsCoordinate value analysis workflows including intake, review, evaluation, and implementation trackingAssist in maintaining standardized tools, templates, and documentation for consistency across the systemTrack 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 opportunitiesPartner with Finance and Supply Chain to validate savings estimates and track realized savingsDevelop dashboards, reports, and presentations to support decision-making and performance monitoringMonitor contract compliance and assist in identifying leakage or savings opportunities Clinical & Stakeholder Engagement Partner with clinicians, nursing leaders, and physicians to support value analysis initiativesFacilitate communication between supply chain, clinical teams, and vendorsSupport consensus-building efforts by providing data, clinical evidence, and operational insightsPromote adoption of approved products, standards, and protocols Product & Technology Evaluation Support evaluation of new product, device, and equipment requestsCompile and summarize clinical evidence, financial impact, operational considerations, and benchmarking dataCoordinate product trials, evaluations, and feedback collectionEnsure 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 summariesTrack decisions, approvals, and follow-up actions to ensure executionMaintain records of evaluations, approvals, and standardizationsAssist with implementation of approved initiatives including product conversions and standardization effortsPartner with Supply Chain and clinical teams to coordinate rollout and monitor adoptionTrack and report on implementation progress, challenges, and outcomesSupport 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 evaluationMonitor market trends, product innovations, and pricing benchmarksSupport comparative analyses to inform decision-making Required Education Education & Experience Requirements 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 analysisExperience working with healthcare data, analytics, or financial reportingExposure to clinical products, medical devices, or hospital operations Preferred Experience Registered Nurse or licensed clinicianExperience supporting value analysis, supply chain, or clinical standardization initiativesFamiliarity with healthcare analytics tools, ERP systems, or GPO platforms Key Competencies Strong analytical and problem-solving skillsAbility to translate data into actionable insightsEffective communication and stakeholder engagementProject coordination and organizational skillsKnowledge of healthcare operations, products, and clinical workflowsAttention 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 moreBenefit offerings based on employment status Opt-in for text notifications! Luminis Health's two-way SMS texting platform lets you receive notifications and messages from our Talent Acquisition team directly on your phone. To enable this feature, select "yes" when asked to "opt-in to receive text messages" and to "Receive updates from a recruiter about this job via SMS" when completing your application. Once you are opted in, you can easily opt-out at any time. Standard text messaging rates may apply based on the candidate's mobile carrier plan. Luminis Health is not responsible for any charges incurred by the recipient. Candidates are encouraged to review their mobile carrier's plan for applicable text messaging rates and usage charges.