Value Analysis Coordinator

Northwestern Memorial HealthcareChicago, IL
7h$29 - $37

About The Position

The Value Analysis Coordinator reflects the mission, vision, and values of NM, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards. The Value Analysis Coordinator is responsible for coordinating activities of various stakeholders from NMHC Value Analysis and Strategic Sourcing Team and the vendor community to ensure high-responsiveness to customer needs and goals. This individual will coordinate activities related to Value Analysis and Product Committee meeting which include management of product requests utilizing Procured Health, meeting agenda, meeting minutes, product/service cost analysis, product/service introduction, trials and overall change initiatives on behalf of end users at all NM facilities which will require traveling to all locations.

Requirements

  • Bachelor of Science or Bachelor of Art in Nursing, Business, Finance, Communication or Health Administration.
  • Minimum of one to five years of clinical preferably in-hospital experience or relevant category management experience.
  • Demonstrated ability to facilitate change and achieve savings goals.

Nice To Haves

  • Master of Science or Master of Art in Nursing, Business, Finance, Communication or Health Administration.
  • Knowledge of Microsoft Excel, PowerPoint.
  • Advanced skills in spreadsheet, word and presentation computer applications.
  • Understanding of financial analysis and quantitative/qualitative assessment data.
  • Analytical and problem solving skills.
  • Knowledge of medical supplies, supply utilization and supply standardization using value analysis processes.
  • Ability to organize workload and set priorities.
  • Strong communication skills both written and verbal.

Responsibilities

  • Value Analysis Committee Support.
  • Monitors and reviews all new product requests with the Value Analysis Manager prior to each committee meeting.
  • Gathers and completes necessary data for all new product requests and associated cost analyses.
  • Coordinates committee meeting invites for new product requestors, i.e. Physicians and Department Leaders.
  • Facilitates preparation of information/presentations for new product/service requests and coordinates meetings between staff, physicians and other appropriate parties in support of projects.
  • Attends monthly committee meetings and documents key committee discussions and decisions.
  • Documents identified and implemented cost savings initiatives and audits projected utilization and actual spend.
  • Facilitates communications and applicable clinical literature to support product utilization, product conversions and additions, trials and committee activities.
  • Records and prepares product and service utilization reports and updates.
  • Introduces and educates departments and end users across NMHC regarding applicable sourcing/procurement/analytical tools, specifically Procured Health, that assists with tracking product requests, monitors spend/utilization and product information.
  • Serves as intermediary between Strategic Sourcing Managers, Value Analysis Managers and end users, helping to screen and analyze new product introductions.
  • Coordinates product trials between requesting departments and vendors.
  • Collaborates with the Strategic Sourcing, Distribution and Logistics and any relevant distributors for product launches for both trials and product conversions.
  • Assists in connecting relevant product education materials between requesting department, education team and associated vendor.
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