Portfolio Director

This position is incentive eligible.

Do you have the career opportunities as a Portfolio Director 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.

Job Summary And Qualifications

The Portfolio Director is responsible for maintaining knowledge of the radiology contract portfolio and communicating the benefits and value of that portfolio to both internal and external audiences.

The contract portfolio includes:

• significant spend categories that are physician preference and require extensive implementation and management, or
• mostly categories greater than $25m in spend, or
• categories that are highly sensitive to members (e.g. operationally sensitive), or
• categories that are complex, requiring detailed explanation of features and benefits, and how products compare between suppliers.
  
  

Key Responsibilities and Duties

Communications:

• Communicate contract portfolio benefits and value. Audiences include:
• HealthTrust account management team
• Advisory Boards and Supply Chain Board
• Current/prospective members (materials mgmt, end-users, sr leaders)
• Suppliers (national acct manager and sales executives)
• HealthTrust Senior Leadership and/or Equity Board
  
  

Portfolio Management:

• Manage, maintain and improve the performance of the contract portfolio, both operationally and financially. Portfolio includes critical physician preference sourcing types that require extensive implementation and management.
• Construct and manage simple contract amendments with supplier.
• Address product additions, deletions and changes during contract term.
• Be the liaison between sourcing, account mgmt, and customer service.
• Understand supplier new product offerings and collaborate with advisory board lead and business unit leader to assess products.
• Develop contract launch materials and ensure all contract materials are maintained accurately in HealthTrust systems.
• Oversee contract implementation with supplier and communication of contract implementation to HealthTrust account management.
  
  

Customer Service:

• Provide exceptional customer service to internal and external customers. Including but not limited to: resolving customer issues (pricing, locs, product complaints, etc.)
• Oversee product recall communications.
• Assist account management with members (materials mgmt, end-users, and senior executives).
  
  

Portfolio Promotion:

• Develop strategies and tactics to promote contract portfolio.
• Marketing/promotional opportunities
• Contract Launch / Contract Lunch-and-Learns
• Newletters, bulletins, and other communication tactics.
  
  

Portfolio Improvement:

• Ability to recognize additional cost saving opportunities or new product category coverage opportunities and elevate opportunities to department leader.
• Assess market and supplier dynamics to determine possible sourcing strategies for contract renewals. Collaborate with contract negotiator on strategy development as contract bid cycle begins.
  
  

Collaboration:

Collaboration required:

• with legal staff on development and finalization of simple amendments
• with contract analysts on product/price loading of amendments
• with communications team on contract launch/implementation
• with account mgmt in their member-facing duties related to the portfolio
• with sourcing team as contracts transition to bid cycle
• with board leads to resolve member reported product quality issues
  
  

Supplier Relationship Management:

• Manage and maintain vendor relationships.
• Conduct supplier business reviews
• Scorecard supplier performance
• Build collaborative working relationships
  
  

In addition to basic supplier relationship management, the Portfolio Director will strategically foster excellent working relationship with strategic suppliers that may cross business units (e.g. J&J, Medtronic).

Supplier Knowledge:

• Individual must know and be able to use knowledge about supplier to develop strategies, create leverage, mitigate risks, anticipate direction of the market and potential supplier direction.
  
  

Includes, but not limited to:

• interpretation of Supplier SEC filings, annual reports, or analyst reports
• discussion of future product pipelines with suppliers and customers
• occasional site-visits to supplier/provider to review current or future technology
• investigation of new supplier entrants to market
  
  

Contract Compliance:

• Report contract compliance issues to supervisor and account management.
• Assist account management with conversations that may be required with member (materials mgmt, end-users, and senior executives.
• Proactively monitor member contract compliance to the assigned portfolio.
• Report on contract conversion activity for key initiatives to Supply Chain Board and Equity Board.
  
  

HTU:

• Communicate value and benefits of HTU to suppliers and secure supplier participation.
  
  

Policies & Procedures:

• Maintain timely achievement of all assigned initiatives ensuring activities adhere to all established policies and procedures and standards of business conduct.
  
  

Change Management:

• Act as a champion for business process change, organizational change, and cultural change. May include leading process improvement or training initiatives.
  
  

Guidance:

• Ability to fulfill responsibilities with minimal oversight. Receives guidance from senior/executive leaders.
  
  

What you will need for this role:

• Accredited College Bachelor's Degree required.
• Preferred: RN
• 5 years of relevant work experience.
• Relevant work experience includes, but is not limited to:
• contract/portfolio management
• overseeing supplier relationships
• account management of a client where duties include implementation or support related to a contract portfolio.
  
  

Knowledge, Skills & Abilities

• Demonstrate thought leadership and innovation
• Must have strong analytical skills with the ability to create or interpret potentially complex financial models.
• Solid knowledge of all MS Office Products
• Excellent oral, written communication skills and presentation skills.
• Demonstrated ability to:
• maintain grace under pressure in difficult situations while displaying a high level of professional courtesy
• align internal and external resources to achieve objectives.
• manage complex projects and meet timeline deliverables.
• pay attention to details.
• work effectively as part of a team
• lead resources that may not be directly managed
• comprehend, and interpret complex instructions, proposals, and contract language
• identify problems independently and demonstrate creativity in developing alternative solutions and recommendations.
• quickly comprehend the desired end-result, goal or objective as communicated by executive management and take action to accomplish.
• process and understand all information and facts necessary for effective decision-making.
  
  

HealthTrust, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:

• Comprehensive benefits for medical, prescription drug, dental, vision, behavioral health and telemedicine services
• Wellbeing support, including free counseling and referral services
• Time away from work programs for paid time off, paid family leave, long- and short-term disability coverage and leaves of absence
• Savings and retirement resources, including a 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service), Employee Stock Purchase Plan, flexible spending accounts, preferred banking partnerships, retirement readiness tools, rollover support and financial wellbeing counseling
• Education support through tuition assistance, student loan assistance, certification support, dependent scholarships and a partnership with Galen College of Nursing
• Additional benefits for fertility and family building, adoption assistance, life insurance, supplemental health protection plans, auto and home insurance, legal counseling, identity theft protection and consumer discounts
  
  

Learn More About Employee Benefits

Note: Eligibility for benefits may vary by location.

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 Portfolio Director 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.