Value Analysis Coordinator

The salary range for this position is $25.83 - $44.95 (Hourly Rate)

Placement within the salary range is dependent on several factors such as relevant work experience and internal equity. For positions represented by a labor union, placement within the salary range is guided by the rules outlined in the collective bargaining agreement.

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits section located at jobs.nm.org/benefits to learn more.

Northwestern Medicine is powered by a community of colleagues who are purpose-driven and committed to our mission to deliver world-class care. Here, you'll work alongside some of the best clinical talent in the nation leading the way in medical innovation and breakthrough research with Northwestern University Feinberg School of Medicine.

We recognize where you've been, and we support where you're headed. We celebrate diverse perspectives and experiences, which fuel our commitment to equity and culture of service.

Grow your career with comprehensive training and development opportunities, mentorship programs, educational support and student loan repayment.

Create the life you envision for yourself with flexible work options, a Reimbursable Well-Being Fund and a Total Rewards package that support your physical, mental, emotional, and financial well-being.

Make a difference through volunteer opportunities we offer in local communities and drive inclusive change through our workforce-led resource groups.

From discovery to delivery, come help us shape the future of medicine.

Description

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.

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.
• AA/EOE

Qualifications

Required:

• 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.

Preferred:

• 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.

Equal Opportunity

Northwestern Medicine is an equal opportunity employer (disability, VETS) and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.

Background Check

Northwestern Medicine conducts a background check that includes criminal history on newly hired team members and, at times, internal transfers. If you are offered a position with us, you will be required to complete an authorization and disclosure form that gives Northwestern Medicine permission to run the background check.  Results are evaluated on a case-by-case basis, and we follow all local, state, and federal laws, including the Illinois Health Care Worker Background Check Act.

Artificial Intelligence Disclosure

Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position, however, all employment decisions will be made by a person. 

Benefits

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits section to learn more.

Sign-on Bonus Eligibility (if sign-on bonus offered for position): Internal employees and rehires who left Northwestern Medicine within 1 year are not eligible for the sign on bonus. Exception: New graduate internal employees seeking their first licensed clinical position at NM may be eligible depending upon the job family.