Value Analysis programs are charged with evaluating products and services while balancing cost, quality, and outcomes in the decision. The quality of the products and the outcomes from using the products cannot be compromised, but today’s environment within healthcare dictates that cost is a significant factor influencing the decision. Unfortunately, the identified savings is not always realized in the anticipated time frame or to the full extent. Every week an initiative is delayed or not fully implemented results in lost dollars that cannot be recouped.
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Oct 13, 2020
Sep 17, 2020
Explore your organization’s clinical integration maturity and leverage leadership involvement to make data-driven decisions.
Dec 13, 2019
John Kelty from W.L. Gore & Associates discusses how value analysis committees can determine a medical devices value when evaluating new products.
Oct 23, 2019
Donna Gammarato discusses the importance of creating specialized Value Analysis teams to analyze resource utilization and reduce costs.
Oct 22, 2019
Advocate Health Care developed a provider-supplier partnership that reduced re-admission rates and improved quality of care inside and outside of the hospitals. This webinar discusses elements of the collaborative research, the clinical economic baseline and outcome, as well as how the quality improvement program components lead to better care process.
Oct 22, 2019
For decisions related to patient care, administrators and physicians often need data from outside of their department. Listen as Jill Cotchen discusses how data crosses over departments and is interpreted to address real-life scenarios, and the necessity to take into account different benchmarking and costing methodologies to accurately quantify cost and impact to your organization.
Oct 22, 2019
In today’s value based health care market, reimbursement is tied to patient outcomes. But the duty of improving patient outcomes does not solely reside with the clinical teams. Supply Chain has an important role to play in driving outcomes while being mindful of cost. Robin Czajka, vice president of cost management at Premier, describes 3 ways that your organization can take today to begin aligning your supply chain and clinical teams to drive toward improved patient outcomes.
Oct 21, 2019
Roy Henry, strategic analyst from University of Miami, explores how clinical integration can evolve your supply chain while discussing the value of clinical integration and how it can be measured.
Oct 21, 2019
In today’s value based health care market, reimbursement is tied to patient outcomes. But the duty of improving patient outcomes does not solely reside with the clinical teams. Supply chain has an important role to play in driving outcomes while being mindful of cost. Robin Czajka, vice president of cost management at Premier, describes three ways your organization can align your supply chain and clinical teams to drive toward improved patient outcomes.
Mar 6, 2018
Data visualization can help translate dashboards, benchmarking and metrics lines, and lines of supply chain data into actionable insight. Visualizing CQO with data allows the supply chain leader to make the complex simple, the abstract tangible. Darcy Aafedt discusses how to understand your data and audience, write the story you need to tell and share how to best visualize that story.
Oct 17, 2017
Donna Gammarato discusses the importance of creating specialized value analysis teams to analyze resource utilization and reduce costs
Grady Health System's Transformation from Traditional Value Analysis to Value Based Product Selection
Mar 6, 2017
This case study provides a review of Grady Health System’s transformation from traditional Value Analysis Joint Product Review Team structure to Value Based Selection Committees which promote shared governance including system wide physicians and executives focusing on full integration of cost, quality, outcomes analysis to ensure selection of products offering the greatest overall value for cost reduction and improvement of outcomes.
Feb 28, 2017
In the spectrum of payment models, with fee-for service on one end and capitation on the other, bundled payments is somewhere in the middle. No single payment model has been completely successful in the past, but there is no dispute that cost reduction must be one of the primary goals of any model that all stakeholders can agree on. Download Article
Sep 22, 2016
Introduction Healthcare provider stakeholders, including physicians, clinicians and supply chain professionals utilize data to make procurement decisions for medical devices to ensure and improve patient access to high quality devices. The integrity of these decisions depends upon the accuracy and completeness of the underlying data. There are three (3) significant challenges to accurate and complete data on medical device quality:
Aug 15, 2016
This paper describes the development of a multidisciplinary and innovative product conversion process at the Dana-Farber Cancer Institute (DFCI) in Boston, Massachusetts, when the existing process for changing products was dysfunctional.
Aug 12, 2016
Jul 5, 2016
Healthcare reform is driving unprecedented changes in the management, funding and delivery of care as hospitals develop and implement strategies to achieve higher quality care at lower cost. The problem many hospitals face involves the gaps in data between costly supplies, and how they are managed in the item master and chargemaster. Having links and systems in place to audit and validate the item to charge accuracy is crucial. Without this foundation, providers lose the ability to trust their physician quality outcome assessments and episodic care analytics.
Exploring Different Approaches for Engaging Physician Leaders to Deliver Cost-Effective and High-Quality Care
Apr 26, 2016
The evolution of our healthcare system from a volume-based to a value-based model is driving provider organizations to adopt patient-centric, outcomes-based success metrics for operational processes in both acute and non-acute settings. Download Article
Mar 9, 2016
Jan 16, 2016
Overview University of Virginia (UVA) Health System, based in Charlottesville, Va., includes a 604-bed hospital, level I trauma center, nationally recognized cancer and heart centers, and primary and specialty clinics throughout Central Virginia.