Working Together to Combat Inflation in the Healthcare Supply Chain
Inflation poses a significant challenge for industries across the board, and healthcare is no exception. Hospitals are particularly vulnerable due to their reliance on complex…
Healthcare
12 Reasons Why You Should Have a Valid Benchmarking/KPI System to Point You in the Right Direction
Supply chain and value analysis seem like an endless world of projects, initiatives, conversions, problems, recalls, and new product request evaluations that just go on…
Unlocking Healthcare Efficiency: Optimizing Equipment Lifecycle Management in Hospitals and Surgery Centers
Hospitals and surgery centers operate in a complex environment where delivering exceptional patient care must be balanced with stringent financial constraints. A crucial factor impacting…
Establishing a Pathway to Professional Accountability for the Specialty of Healthcare Value Analysis
“The value of professional accountability in the realm of healthcare value analysis cannot be overstated. It is a fundamental principle that guides Healthcare Value Analysis…
Value Analysis Leadership Interview: Leading by Example
“Today’s value analysis committees must be prepared to look beyond price parity, product utilization, and supply standardization on to clinical practice variation and facility contribution…
Automate to Innovate Your Value Analysis Program
Most value analysis programs have a different level of maturity when it comes to automation. Too often, the use of spreadsheets is a substitute for…
Savings Beyond Price – You Control the Faucet with Consumption Management
“Consumption management is an opportunity to fine tune contracting, vendor service levels, and clinicians’ use patterns to best practice levels.” Where to Find an Abundance…
Value Analysis is Not Just About Value Analysis
Most seasoned value analysis professionals have come to the realization that value analysis is not just about value analysis in our healthcare systems. Value analysis…
Value Analysis Professionals: What Should Your Priorities Be Going Into 2024?
If you are a healthcare value analysis professional, what should your priorities be going into the new year? A new year is just around the…
Value Analysis Roundtable Discussion: Clinical Supply Utilization Opening Up Invisible Supply and Quality Optimization Opportunities
We are all looking for new supply chain expense savings beyond price and standardization to help our healthcare organizations weather this perfect storm (high inflation,…
A Blueprint for a Successful Recall Management Program
“With this comprehensive blueprint for the recall management process, the program is now ready to be implemented on the strong foundation of leadership, organizational culture,…
Laying a Strong Foundation for Your Recall Management Program
In this edition, let’s explore what is needed to create a successful recall management program for any healthcare facility. The Role of Executive Leadership in…
When It Comes to Recalls, What You Don’t Know Can Hurt You – and Your Patients, Too!
When managing medical device notices and recalls for a healthcare organization, it can seem like a daunting task. According to Sedgewick’s Recall Index, Edition 2…