Stanford Medicine Catalyst is seeking a talented and motivated Healthcare Industry Analyst to join our Operations & Discovery team. Our program was established to foster and propel the groundbreaking innovation that emerges from Stanford University. We carefully select inventions and ideas with the greatest potential to revolutionize global health and biomedicine. Catalyst supports prototype-stage innovations across the spectrum of healthcare, with a focus on Digital Health, Medtech, Diagnostics, and Therapeutics. We provide comprehensive support to these projects, enabling them to evolve and prepare for commercialization through pilot projects, prototyping, deployment in active health systems, business planning, market analysis, and connections with the investment community. We leverage the full range of resources and capabilities at Stanford, including the University and our health systems, Stanford Health Care and Stanford Children's Health. The Catalyst program was formed as part of the Stanford Medicine Integrated Strategic Plan and supported by the Dean of the School of Medicine and the two CEOs of the health systems.
Joining Stanford Medicine Catalyst means being at the forefront of inventing the future and making a tangible impact on the lives of patients worldwide. As a Healthcare Industry Analyst, you will play a crucial role in evaluating Stanford's innovations and directly engaging with an extraordinary range of individuals. Your work will involve administering programs and functions with minimal supervision, focusing on identifying and validating medical innovations within the Stanford Medicine clinical areas, and working directly with project teams to help them realize their full potential.
The primary responsibility of the Healthcare Industry Analyst will be assisting in the Due Diligence process for candidate projects, evaluating their potential for success. Beyond project selection, there will be opportunities to contribute to the continued development of selected projects. To excel in this role, you should possess a deep passion for healthcare, a strong understanding of the healthcare startup landscape, and the ability to effectively communicate with brilliant entrepreneurs.
If you are excited about driving transformative change in healthcare, collaborating with top-tier innovators, and making a global impact, we invite you to join us at Stanford Medicine Catalyst. Together, we will shape the future of healthcare innovation and improve the lives of countless patients.
This is a hybrid position and you will be onsite two to three days a week in Redwood City and/or Palo Alto.
Duties include:
Assist in executing the Catalyst Evaluation process for projects seeking entry into the Catalyst program.
Conduct market analysis and competitive analysis as part of due diligence.
Review and evaluate business plans, IT systems, and data analysis.
Ensure alignment with Stanford University and perform SWOT analysis.
Aggregate relevant data for the Discovery team's due diligence process.
Provide valuable insights during discussions about potential Catalyst projects.
Participate in assessing projects and providing recommendations to Stanford Medicine Leaders/Deans/CEOs/CSO for review and approval.
Review and analyze trends, providing recommendations to achieve or modify program or function goals.
Represent the program or function within the department, unit, or school.
Allocate resources, provide information, training, and support.
Represent the program or function to external/internal stakeholders and constituencies.
Organize and schedule interviews with prospective Catalyst projects.
Manage and contribute to the development of outreach strategies, including relationship development and communications.
Collaborate with Stanford Medicine Communications team to ensure effective representation of Stanford Medicine Catalyst in external and internal communications.
Support current cohort projects with competitive analysis and business plan formation
Synthesize information from various sources and provide market reports on healthcare fields relevant to Stanford Medicine Catalyst project teams.
Assist in building slide decks and executive reports for the Executive Director and Discovery team .
Maintain and update the Catalyst program's website.
Gather and aggregate data to analyze cohort trends and applicant information for the Catalyst team.
* - Other duties may also be assigned
Primary Characteristics
A passion for health care
A passion for the health care startup marketplace
Avid reader of health care entrepreneurial news streams
Analytical, and you have a passion for data
You understand entrepreneurs and what they are going through
You can bridge the needs and language of an academic medical center and industry
People of all genders, members of all racial and ethnic groups, people with disabilities, and veterans are encouraged to apply.
Keywords: Administrative Analyst, Business Analyst, Management Analyst, Management Consultant, Program Management Analyst, Healthcare Industry Analyst
EDUCATION & EXPERIENCE (REQUIRED):
Bachelor's degree and five years of relevant experience, or combination of education and relevant experience.
KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED):
Demonstrated ability to establish priorities, manage shifting priorities, and handle numerous time-sensitive projects with multiple deadlines.
Ability to accomplish goals working through formal and informal channels, with diplomacy and tactfulness.
Demonstrated creativity, problem solving, critical analysis, initiative, judgment and decision-making skills.
Demonstrated ability to develop and meet budget goals.
Demonstrated solid planning and organizational skills.
Demonstrated experience working independently and as part of a team.
Excellent interpersonal, written and oral communication skills.
Strong relevant subject matter knowledge.
Ability to direct the work of others, for jobs requiring supervision.
Rarely lift/carry/push/pull objects that weigh 11-20 pounds.
* - Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.
WORK STANDARDS:
Interpersonal Skills: Demonstrates the ability to work well with Stanford colleagues and clients and with external organizations.
Promote Culture of Safety: Demonstrates commitment to personal responsibility and value for safety; communicates safety concerns; uses and promotes safe behaviors based on training and lessons learned.
Subject to and expected to comply with all applicable University policies and procedures, including but not limited to the personnel policies and other policies found in the University's Administrative Guide, http://adminguide.stanford.edu.
The expected pay range for this position is $69K to $141K per annum. Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs.
At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanford's extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.
Why work at Stanford?Stanford University has changed the world, over and over again.We are one of Silicon Valley's largest employers - and also one of the most unique. Our mission is to educate future leaders and promote interdisciplinary, world-class research and teaching. This passion makes Stanford an intensely creative, rewarding, and challenging place to work. At the same time, our traditions of respect and collaboration sustain a humane, supportive environment in which to pursue your life and your career.At Stanford you'll work with bright, diverse, dedicated people. You'll find encouragement to learn and grow. You'll enjoy excellent benefits and an outstanding environment. How will it change you?
