"China Pricing" and its Application to High Cost Implant MS-DRGs

Speakers: Liz Veazey, RN, MBA, CMRP, Consulting Manager, OMSolutions
Scott Hardtman, CMRP, FACHE, Executive Director, Supply Chain Management, Hoag Memorial Hospital Presbyterian


Overview: As it was with Japan in the 20th century, American industry again has been challenged in the 21st century by China as the new benchmark for the value of goods and services. American business leaders have been discussing the so-called "China price" and looking to provide their products at a competitive value.

This webinar examines this concept in relation to the healthcare supply chain and in particular how this might apply to establishing realistic pricing models for implants using MS-DRG reimbursement levels. The discussion will lead participants through an explanation of how MS-DRG reimbursement for their facilities is calculated and will provide insight into how this information can be incorporated into negotiations with product suppliers.

Cost:  $99 per CD-Rom - AHRMM Members; $139 per CD-Rom - Non-members

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This webinar was recorded on August 18, 2010.

Biographies:
Liz Veazey, RN, MBA, CMRP, Consulting Manager, OMSolutions - An experienced healthcare manager with clinical background, recognized by peers for success in operational areas and project management. Her leadership experience includes eight years of value analysis projects, budget preparation and planning, contract management, product evaluations and implementation, and work with departments and committees system-wide for best outcomes. Veazey has 35 years of healthcare experience covering clinical, materials management, and value analysis functions in non-profit organizations. 

Scott Hardtman, CMRP, FACHE, Executive Director of Supply Chain Management, Hoag Memorial Hospital Presbyterian in Newport Beach, California - He is currently leading the supply chain through the September 2010 opening of a new hospital facility, which includes an extension of the Hoag acute care services as well as a joint venture with its orthopedic surgeons for the development of an orthopedic ‘hospital within a hospital’ on a second campus in Irvine, California. Prior to coming to Hoag, he was Vice President of Supply Chain Services for Sharp HealthCare in San Diego where he directed major initiatives to substantially reduce implant costs, distribution expenses, custom pack costs, and overall supply expenditures.

Before his involvement in supply chain management, Scott held operational roles for hospitals in California and the Midwest serving as COO for Tri-City Medical Center in Oceanside CA; as VP Operations for St. Francis Hospital in Evanston, IL; and as Regional VP for Lakeshore Health System in Lake County, IN.

Scott holds a B.S. from Cornell University, a M.Ed. from Northeastern University, and a M.S. from The Ohio State University in Healthcare Administration. He is a Fellow of the American College of Healthcare Executives and is a Certified Materials and Resource Professional.