Robert T. Yokl, President/CEO, SVAH Solutions One of the missing elements in most healthcare organizations’ value analysis methodologies is a value analysis job plan, or as Larry Miles, the father of value analysis, says, “A system for use when better than normal results are needed.” This would be the system that each of your value analysis project […]
Robert W. Yokl, Sr. Vice President/COO, SVAH Solutions What if you knew that your overall supply utilization (total cost per operating metric) was at best practice levels for the commodity and/or product group you are about to enter into contract negotiations on. Would this change your mindset on how you go about negotiating the terms of […]
Robert W. Yokl, Sr. Vice President, SVAH Solutions As we enter in the new level of quality and supply chain performance with our value analysis programs, we are now being called upon to do so much more than just evaluate products, services, and technologies. We are being asked to ensure that not only are these […]
The other day I completed a new SMART Success Value Analysis Model for a major product group for one of our large IDN customers. This new SMART Model is intended to highlight all of the areas of opportunity to reduce costs within this product category along with guiding protocols. The next day I went back over […]
By Michael B. Neely, Senior Vice President, Optimé Supply Chain Healthcare reform has placed providers of care under intense pressure to reduce costs and improve operations. Value Analysis teams and Supply Chain are among the most important players when it comes to improving the efficiency of care. So why are there so many examples of […]
Barbara Strain, Director, Supply Chain Analytics University of Virginia Health System, Charlottesville, VA Barbara Strain is a graduate of California State University and one of the founding members, past president and Board Member of the Association of Healthcare Value Analysis Professionals. She is also a frequent contributor to healthcare supply chain magazines on value analysis […]
Multiple benchmarking sources ensure that you are getting them right the first time. Benchmarking is an art and a science, but there are some hard and fast rules that need to be followed to ensure the best results possible. One hard and fast rule is that multiple benchmarking sources ensure that you are getting them […]
Price Savings Have Diminished by a Shocking 70% to 80% Overall Many of my peers think I am crazy when I make the statement that price savings is fizzling and that the majority of the bonafide big savings opportunities now reside in utilization management of their supplies, services, and technologies we are now negotiating best […]
Why Aren’t We Jumping On These Juicy Low Hanging Savings Opportunities? Most healthcare organizations are still operating on a VA model that is strictly focused on group purchasing (GPO) for price savings. Most value analysis teams are caught up in making these GPO savings happen along with evaluating their new product requests for their healthcare organization. Now […]
Elevate your benchmarking for greater accuracy, reliability, and insight A recent survey by CAPS Research (co-sponsored by Arizona State University) of supply chain leaders indicated that there is a shift in benchmarking for greater accuracy, reliability, and insight because: (1) Analysis and summary of important metrics is regularly pulled up the hierarchical structure for review […]
I can’t count the times I have seen value analysis teams waste time, money, and resources because they haven’t received advanced training in value analysis strategies, tactics, and techniques. Instead of taking less than 90-days to complete their value analysis projects, they sometimes take years, if they ever get their projects finished. They ignore savings opportunities […]
www.utilizerdashboard.com – Saving millions for hospitals and healthcare organizations throughout the country Fill in the blanks about your Price Savings ( ) Are your group purchasing savings becoming smaller and smaller? ( ) Is your product standardization substantially completed? ( ) Have you had increases in your group purchasing contracts last year? ( ) Are you scraping the barrel […]
CliniTracK™ – Another great tool Strategic Value Analysis® in Healthcare offers hospitals and healthcare organizations Requisition Manager: All of your new purchase requests will be completed online, numbered, and then automatically triaged to the appropriate responsible party for action. This eliminates the hassle of dealing with the hundreds of unwieldy and non-uniform (e-mail, fax, and phone) new purchase […]
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