Head of Value Measurement and Outcome Analytics
This is a rare opportunity for an enthusiastic, values driven and strategic thinker to join the Birmingham, Black Country and Solihull ICB cluster at an exciting time as it develops its role as Strategic Commissioner focused on providing system leadership for population health, setting evidence based and long-term population heath strategy and working as healthcare payers to deliver this, maximising the value that can be created from available resources.
The postholder will be a key member of the value-based finance function, supporting the ICB to make the best use of resources and improve equity to ensure a marked difference in patient outcomes. You will act as senior ambassador for value-based finance building strong relationships across finance, commissioning strategy and partner organisations to embed value based approaches across the system.
Main duties of the job
In this role you will have significant responsibility for enabling the ICB to robustly assess the financial and outcome impact of commissioned services and local service provision.
Key responsibilities include -
- overseeing the analysis of health and care resource utilisation at place, locality and neighbourhood level, across healthcare programmes and settings, identifying unwarranted variation and opportunities to improve outcomes and productivity.
- Developing and maintaining return on investment (ROI) and benefits realisation tools to evaluate investment, disinvestment and transformation initiatives
- Leading the benchmarking and comparative analysis of ICB and provider expenditure, productivity and published performance data to identify opportunities for efficiency, financial improvement and reinvestment.
- Generating new potential measures of productivity, including pathway productivity, where these do not already exist or are not suitable for use
- Providing analytical and financial support to market management activities
- Providing robust financial and value based analysis to support population health investment and prevention.
- Translating complex analytical outputs into actionable insights for senior stakeholders, programmes and committees, supporting informed decision making on value, outcomes and resource allocation.
- Ensuring analytical methodologies, assumptions and outputs are transparent, evidence based and consistent with national best practice.
About us
Birmingham, the Black Country and Solihull Integrated Care System bring together the NHS, councils and voluntary sector to serve 2.7 million people. Our vision is to be the healthiest place to live and work, improving life chances and reducing inequalities.
You will model system values, champion inclusion and actively address health inequalities, helping create an environment where everyone can thrive. In return, the Cluster offers a supportive, ambitious and inclusive environment with opportunities to develop and work across partners to deliver meaningful change.
The ICB is committed to having a workforce which is representative of the population of Birmingham, the Black Country, and Solihull Cluster. Our current staffing profile demonstrates that we are not as representative as we would like to be at this level within the organisation. We would actively welcome applications from women and people from Black, Asian and Minority Ethnic backgrounds for this role.
The ICB is registered as a Disability Confident Employer. We actively welcome applications from applicants with a disability and commit to shortlisting all such suitable applicants who meet the essential criteria for an interview. Please let us know of any reasonable adjustments you require to participate in the recruitment process.
Job responsibilities
You will be accountable for
- Operation of the ICB value and outcomes measurement framework, enabling the ICB to robustly assess the financial and outcome impact of commissioned services and local service provision.
- In partnership with Business Intelligence and Commissioning teams, overseeing the analysis of health and care resource utilisation at place, locality and neighbourhood level, across healthcare programmes and settings, identifying unwarranted variation and opportunities to improve outcomes and productivity.
- Developing and maintaining return on investment (ROI) and benefits realisation tools to evaluate investment, disinvestment and transformation initiatives across the system.
- Leading the benchmarking and comparative analysis of ICB and provider expenditure, productivity and published performance data to identify opportunities for efficiency, financial improvement and reinvestment.
- Generating new potential measures of productivity, including pathway productivity, where these do not already exist or are not suitable for use
- Providing analytical and financial support to market management activities, working with contracting and procurement teams to identify gaps, inefficiencies or dysfunction in market provision; support providers to improve service productivity and outcomes; inform market shaping and the commissioning of more productive pathways.
- Providing robust financial and value based analysis to support population health investment and prevention, including assessment of long term financial impacts, cost avoidance and outcome improvement.
- Translating complex analytical outputs into clear, actionable insights for senior stakeholders, programmes and committees, supporting informed decision making on value, outcomes and resource allocation.
- Ensuring analytical methodologies, assumptions and outputs are transparent, evidence based and consistent with national best practice, contributing to good governance and assurance.
- Regularly evaluating the effectiveness of the cluster's financial and value based frameworks, working closely with the Strategic Investment team to refine approaches to maximise population outcomes and financial sustainability.
- Acting as a senior ambassador for value-based finance and strategic investment work, building strong relationships across finance, commissioning, strategy and partner organisations to embed value based approaches across the system.
- Developing your personal skills and knowledge of Value-Based Finance.
- Driving new thinking in the finance team, challenging traditional thinking regarding financial management and investment and supporting the senior finance team to develop practical solutions to managing the conflicting challenges of investing for long term improvement whilst delivering short term financial duties.
- Supporting the Associate Director of Finance Value-Based Finance in leading and developing the team, providing professional leadership, quality assurance and development of capability across the teams portfolio.
- Line management responsibility for a Senior Finance Officer.
- Deputising for the Associate Director of Finance - Value-Based Finance as required.
- Undertake other general finance duties as required, commensurate with the grade of the post, including providing cover and support across the wider finance function to ensure continuity of service delivery.
Qualifications
- Masters degree or equivalent qualification in the relevant specialism/a related field, or equivalent level of demonstrable experience.
- Fully CIMA or CCAB qualified.
- Evidence of continuing post qualifying professional and personal development at senior management level.
Skills and Abilities
- Ability to manage a complex workload under pressure and to delegate appropriately in order to deliver deadlines.
- Ability to engage and listen to others to inform professional practice.
- Maintains emotional resilience and maturity.
- Excellent interpersonal and communication skills, both written and verbal.
- Able to present complex and sensitive information to large and influential groups.
- Ability to influence and persuade others.
- Ability to lead, empower and motivate colleagues and stakeholders.
- Able to manipulate and interpret large volumes of complex data in an accurate and meaningful way.
- Ambition to develop skills and knowledge regarding value based finance.
Experience
- Understanding of NHS finance regimes and current financial issues in the NHS and their effect on the organisation.
- Evidence of ability to make significant and successful contributions at a senior level.
- Evidence of strong analytical and problem-solving skills.
- Experience of developing robust operational and strategic plans and strategies.
- Clear and in-depth understanding of national NHS strategy and policy, and ability to translate this into strategic and operational outcomes.
- Experience in building and nurturing strong and positive relationships with a range of stakeholders.
- Knowledge of IT platforms relevant to the role.
- Experience of managing potentially challenging, sensitive or contentious situations and/or characters.
- Substantial experience and expertise of delivering financial advice and guidance to senior managers and directors (including non-finance managers).
- Staff management experience including recruitment, selection, objective setting, appraisals and managing performance.
- Experience of working in the NHS in addition to another sector.
- Experience of directly line managing a team.
- Interpreting national policy relevant to the role for implementation.
- Experience of applying techniques to measure value and using these to make informed decisions on resource allocation.
Personal Qualities
- Ability to lead, empower and motivate colleagues and stakeholders.
- Willingness to push traditional NHS financial boundaries and learn new skills.
- Openness and honesty.
- Respectful of others with the ability to listen and provide feedback constructively, acknowledging individual contributions.
- An effective team player.
- Caring and considerate in all environments.
- Professionalism.
- Good timekeeping.
Equality, Diversity and Inclusion
- A demonstrable understanding of equality, diversity and inclusion with evidence of personal impact in these areas.
Autonomy
- Able to use initiative to decide relevant actions and make recommendations, with the aim of improving deliverables.
- Ability to make decisions autonomously when required, working to tight and often changing timescales.
