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
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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