Coordinator-Clinical Value Analysis

Baptist • Memphis, TN

1d

About The Position

This role is responsible for identifying opportunities for product standardization at both the health system and individual facility levels to optimize clinical outcomes and financial performance. Serving as the project lead, the position implements clinically and financially approved standardization initiatives in collaboration with system leaders, the shared governance committee, and under the guidance of the Manager – Value Analysis/Spend Management. The role also leads efforts in product standardization, utilization management, and expense reduction while tracking new product requests to ensure achievement of expected clinical and financial results. Additionally, this role also creates evidence-based educational materials to communicate clinical benefits, guidelines, and standardization details to stakeholders, while evaluating product spend categories across facilities to ensure contractual alignment and overseeing system-level conversions and standardization accountability.

Requirements

• Three (3) years of experience with supply chain operations, cost-benefit analysis, or relevant patient care and/or device experience in a hospital and/or clinical setting
• Bachelor's degree in related field required.
• Reflects strong leadership, mathematical/analytical, problem solving and critical thinking skills.
• Ability to demonstrate effective educational and presentation skills in diverse settings from one-on-one to formal large group situations.
• Ability to apply principles of logical or scientific thinking by utilizing the nursing process to a wide range of intellectual and practical problems.
• Computer competency – Microsoft suite (Word, Excel, and PowerPoint) required. Access preferred.
• Excellent interpersonal relationship skills and the ability to drive consensus in a decentralized environment.
• Strong presentation skills; ability to give oral presentations to physicians and clinicians, senior administration and peer groups.
• Must possess and develop strong analytical skills to perform “what if” analysis and address the numerous issues and scenarios involved in proposed programs and processes.
• Information must be gathered, researched, analyzed and presented in an objective, non-biased “third party” manner.

Nice To Haves

• Knowledge of nursing policies and procedures and expert in the use of medical devices, healthcare technology, and healthcare products preferred.
• Master's degree in related field preferred.
• Professional certification

Responsibilities

• Assesses and triages product/service requests, gathering financial analysis, benchmarking, contracts, competitive data, and evidence-based practice to support committee decisions.
• Composes literature reviews and provides evidence to support or refute product/service requests for committee use.
• Reduces expenditures by selecting cost-effective, high-quality products/services through evidence-based trials and evaluations.
• Leads agenda coordination with Service Line Leaders, prioritizing items at least 2 weeks prior to meetings.
• Manages product trial/evaluation processes, ensuring proper use, appropriate criteria, stakeholder involvement, and feedback documentation.
• Reviews and implements trial feedback, providing written summaries and cost analyses for committee decision-making.
• Collaborates with clinicians, experts, and procurement to develop clinical and financial components of supply initiatives.
• Manages implementation and conversion of approved products/services, coordinating with supply chain, education, suppliers, and users.
• Provides clinical education, training (in-person and virtual), and professional development on new products.
• Builds and maintains relationships with facilities, departments, leaders, and vendors to support patient care and quality improvement.
• Tracks and manages cost savings, product standardization, financial performance, and supply expense data.
• Networks with direct care staff and departments to ensure feedback, safety, quality, regulatory, and infection prevention issues are addressed.
• Identifies standardization opportunities, leads product inactivation, and assesses cost savings across facilities.
• Evaluates financial and clinical impact of new technology, product conversions, and compliance with contracts.
• Serves as liaison between corporate supply chain, facilities, clinics, and vendors; supports recalls, substitutes, and other duties as assigned.
• Performs other duties as necessary and/or assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees