Knowledge Center

For product and equipment selection to meet the need for the best value for our patients, clinical criteria need to be determined during the initial phase of selection.

As hospitals restructure to gain sustainability in an era of reform, it is crucial for supply chain leaders to work collaboratively within health systems and identify new opportunities for cost reduction in areas that generate savings and improve outcomes. This webinar focuses on key lessons and best practices using case studies from leading hospitals and health care systems that have successfully aligned their supply chain and strategic vision.

A value analysis process to verify the achievement of the outcomes desired will result in making decisions based on the data, celebrating achievement of outcomes, and identify the need for further review when outcomes are not achieved.

Budget Impact Analysis (BIA) is a type of analysis that can bridge organizational gaps to help improve coverage decisions for new products or procedures. Because a BIA can be adjusted to meet the goals of a particular population with particular needs, it can also improve the value and the quality of healthcare. This type of analysis can help Supply Chain leaders and their collaborative value analysis teams to make local adoption decisions in a timely manner.

Lean thinking continues to emerge and embed its ideas into our traditional ways of thinking about Value Analysis and Healthcare. In lean thinking, the thought is to ask “why” five times to get to the root cause of an issue.

The perioperative services administration at Massachusetts General created a rigorous and rapid approach to raising the level of cost awareness among its nursing, surgical technician, and surgical staff. In this webinar, the leadership team shares how they used data capture to assess supply use and how they changed the culture in their hospital to be more cost aware.

A panel of three leading experts in the value analysis field candidly share information regarding the state of value analysis when they entered the field, their experiences during the evolution of value analysis to its current state in their respective organizations, and their thoughts on the future state of value analysis as well as lessons learned along the way.

Public and private reimbursement models continue to shift from paying for volume to paying for value. Today, value analysis programs must continue to produce savings while also supporting the attainment of high quality care. Listen as Dennis Orthman, Senior Director of Strategic Marketplace Initiative shares with you the exciting and challenging work that SMI has accomplished in partnership with the Association of Healthcare Value Analysis Professionals.

Yankee Alliance facilitated an Orthopedic Total Joint Collaborative in order to identify opportunities for quality improvement and cost reduction, resulting in documented savings of over $8M. In this webinar, the collaborative approach is reviewed as well as the methods deployed to achieve savings, including implant and reimbursement benchmarking, contract strategies, and perioperative supplies utilizing data analysis.

In this three-part webcast, Howard Mann, Vice President, Supply Chain Management at Cardiovascular Care Group discusses the basics and relationship of Value Analysis and Value Based Purchasing to achieve high Cost, Quality and Outcomes success. Part one explains Value Based Purchasing and its effects on hospital reimbursement. Presented by: Howard Mann, Vice President, Supply Chain Management, Cardiovascular Care Group

John Kelty from W.L. Gore & Associates discusses how value analysis committees can determine a medical devices value when evaluating new products. 

Donna Gammarato discusses the importance of creating specialized Value Analysis teams to analyze resource utilization and reduce costs.

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.

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.

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.

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.

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.

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.

Donna Gammarato discusses the importance of creating specialized value analysis teams to analyze resource utilization and reduce costs

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.