Gender

Male

Location

Newington, CT

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Nicholas DeFrancesco Principal, CO$T REDUCTION 101 and Business Development Partner Hartford, Connecticut Area Hospital & Health Care Current CO$T REDUCTION 101 Previous Leading Age Connecticut & Mass/Value First, Eastern Connecticut Health Network Education Saint John's University - Peter J. Tobin College of Business 500+connections View profile as Public Profile www.linkedin.com/in/nickdefrancesco/ Contact Info Add a section to your profile – be discovered for your next career step. Language This can help you find a new job, get a promotion, or transfer overseas. Volunteering Experience 1 in 5 managers hired someone because of their volunteer experiences. Volunteering Opportunities Non-profit organizations could be looking for someone like you. Organizations Add more color to your professional identity to show who you are. Honors & Awards Show the recognition you've earned. Test Scores Here's another way to show your accomplishments. Courses Showing more information about your background will help you get found for more opportunities. Patents Showcase your innovation and expertise. Causes you care about Show the causes that matter to you. Supported Organizations Add more color to your professional identity to be found for opportunities. Projects This helps show your skills, experience, and people you've worked with. Publications Publications are a great way to show off your professional accomplishments. Certifications Members with a certification on their profile get double the profile views. Posts Write a post to increase your visibility and improve your professional brand. Create post View More Summary Click to add a video, image, document, presentation... Drag to rearrange profile sections Materials Management/Purchasing professional with 40 plus years of experience in the healthcare industry with a solid reputation for identifying and implementing cost reduction opportunities and providing detailed contract analysis. Business Development Partner representing Global Risk Management Solutions (GRMS) and Cost Recovery Solutions (CRS) – consulting firms that offer... Experience Click to add a video, image, document, presentation... Drag to rearrange profile sections Principal CO$T REDUCTION 101 September 2000 – Present (14 years 5 months) Provides purchasing consulting services to the healthcare industry including acute care and long term care facilities as well as Group Purchasing Organizations. Negotiates and analyzes contracts for supplies, services and equipment. Trains existing staff, including adjusting or developing new policies and procedures. Assists on new building and renovation projects relating to equipment acquisition and setting up supply systems with vendors. james lietz james lietz Director, Cardiopulmonary Services at Johnson Memorial Hospital It was always a pleasure working with Nick, both as a consultant and later as a coworker. He was very knowledgeable... View Carol Barno Carol Barno Chief Financial Officer at Central CT Senior Health Services, Inc. Nick is a pleasure to work with. We have brought Nick in on numerous occasions and currently have him working on a project. View 1 more recommendation New England Marketing Representative Leading Age Connecticut & Mass/Value First June 2012 – January 2014 (1 year 8 months)Berlin, Connecticut Represent Value First/MedAssets Group Purchasing Organization promoting purchasing programs and contracts in many different subject areas covering supplies, services and equipment to members of Leading Age Connecticut and Leading Age Massachusetts who are members of Value First. Director of Materials Management Eastern Connecticut Health Network October 1985 – December 1999 (14 years 3 months)Manchester, Connecticut Oversaw the daily operations of the materials management department, consisting of purchasing, sterile processing, storeroom, receiving, patient television systems, laundry, and the design and duplication center. Supervised six managers and a staff of 70 at the two campuses. Developed and implemented a stockless supply system in the new Ambulatory Care Center. Negotiated a number of supply and service contracts resulting in $500,000 in annual savings. Established committees to evaluate equipment and services, such as, Nurse Call System, Patient Care Products and Medical Waste Disposal System. Negotiated a cost savings outsourced contract for linen services. Andrew Savo Andrew Savo Senior Imaging Specialist at GE Healthcare I have had the pleasure of knowing and working with Nick DeFrancesco for the past 22 years. He has always demonstrated the... View Andrew Beck Andrew Beck Free lance writer with healthcare background/web-based theater writer and reviewer looking for full time employment Nick is not only a knowledgeable and expert materials management professional, he is consistently responsive and... View 1 more recommendation Skills & Endorsements Drag to rearrange profile sections Top Skills 29Leadership 26Management 21Healthcare 19Program Management 15Business Development 12Supply Chain Management 8Strategic Planning 8Contract Negotiation 8Risk Management 7Marketing Nicholas also knows about... 7Process Improvement 6Team Building 6Negotiation 6Project Planning 5Purchasing 4Accounts Payable 3Operations Management 3Customer Service 2Travel Management 2Change Management 1Outsourcing Education Click to add a video, image, document, presentation... Drag to rearrange profile sections Saint John's University - Peter J. Tobin College of Business BS, Management 1964 – 1968 Graduated top 15% of class. Activities and Societies: AKPsi national business and social fraternity. Additional Info Drag to rearrange profile sections Interests Stock Market, Sports, Coaching Personal Details Birthday October 2 Advice for Contacting Nicholas Cost Recovery Solutions in many cases can reduce costs and potentially recover past over payments in your business without your organization taking any financial risks or making up front investments. For further information please call me at 860-305-9961 or nickdefran44@gmail.com Organizations Drag to rearrange profile sections Member of the GLG Councils (Gerson Lehrman Group, providing consulting services) Recommendations Ask to be recommendedManage Director of Materials Management Eastern Connecticut Health Network Andrew Savo Andrew Savo Senior Imaging Specialist at GE Healthcare I have had the pleasure of knowing and working with Nick DeFrancesco for the past 22 years. He has always demonstrated the highest level of integrity, fairness, and professionalism when discussing contracts and products on behalf of the hospital's he has worked for. He continually demonstrates a willingness to learn about new products during meetings and most important...more March 8, 2010, Andrew was a consultant or contractor to Nicholas at Eastern Connecticut Health Network Andrew Beck Andrew Beck Free lance writer with healthcare background/web-based theater writer and reviewer looking for full time employment Nick is not only a knowledgeable and expert materials management professional, he is consistently responsive and understanding of each of his "client's" needs. He inspires confidence in people who work with him and maintains a calm and reassuring manner at all times. Nick has successfully tackled a wide variety of difficult challenges and undertaken any number of cutting...more February 19, 2010, Andrew worked directly with Nicholas at Eastern Connecticut Health Network Principal CO$T REDUCTION 101 james lietz james lietz Director, Cardiopulmonary Services at Johnson Memorial Hospital It was always a pleasure working with Nick, both as a consultant and later as a coworker. He was very knowledgeable regarding purchase group contracts and always strived to match up my priorities with possible vendors. He understood that the cheapest product was not always the best way to go and deferred to those of us who had to utilize the purchased equipment. February 16, 2010, james worked with Nicholas at CO$T REDUCTION 101 Carol Barno Carol Barno Chief Financial Officer at Central CT Senior Health Services, Inc. Nick is a pleasure to work with. We have brought Nick in on numerous occasions and currently have him working on a project. February 16, 2010, Carol was Nicholas's client Ask to be recommended Following Customize news Customize companies Companies Eloquest Healthcare, Inc. Medical Devices Following Schools Saint John's University - Peter J. Tobin College of Business

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