It’s Time to Stack the Deck in Your Favor
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…
healthcare organizations
Meeting the Challenges of Reform Through a Stronger Value Analysis-Supply Chain Partnership
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…
Value Analysis Leadership Interview
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…
Where Are You Getting Your Benchmarks?
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…
Why Do We Continue to Ride an Old Tired Horse?
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…
The New Low Hanging Fruit Is Supply Utilization
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…
The Future of Benchmarking
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…
If You Think Training is Costly, Just Think of the Cost of Not Training Your Hospital Value Analysis Teams
I can’t count the times I have seen hospital value analysis teams waste time, money, and resources because they haven’t received advanced training in value analysis…
Value Analysis Steering Committee: A Value Analysis Prerequisite
In each issue of HVAM we will provide our readers with the one basic proven and time tested tenet of value analysis to assist you…
Reduce, Control and Eliminate Wasteful and Unnecessary Supply Utilization Practices
Go beyond price and standardization to save more in less time Traditionally, healthcare organizations have focused their value analysis efforts on lowering the price and…
The Seven-Percent Savings Solution
Why do we continue to pursue 1%, 2% or 3% savings solutions (i.e., price), when a 7% savings solution (i.e., utilization) is just as easily…
Control and Verify Your Savings Before, During and After Implementation
Assume nothing, verify everything with your own eyes! Did you know that the word “savings” is the most misunderstood word in our supply chain business?…
Benchmarking Still Drives Savings
Industry embraced a simple idea in the 1980s. The idea was that it was possible to search for the best practices that will lead to…