Cost Management
Life Cycle Cost: Why Is This Important?
Life cycle cost (LCC) can be defined as the sum of the total cost of a product, service, or technology over its lifetime. For example, think of a car with an average life of eight […]
Hospital Value Analysis
Benchmarking
Why KPIs Can Help You Optimize Your Value Analysis Team’s Performance Almost Overnight
To stay ahead of the curve, we have always searched out advanced management techniques that could improve our hospital, system, or IDN client’s supply chain/value analysis performance. We started this practice when we discovered that […]
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Featured Articles June 2022 – Healthcare Value Analysis & Utilization Management Magazine
Just Released June 2022 Healthcare Value Analysis and Utilization Management Magazine Featured Articles Article Title/Link Article By: Link FEATURED – Enhancing Patient Experience Through Adult and Pediatric VAT Implementation Shonda Morrow, Kimberly Alsbrooks, Guadalupe Ordaz-Nielsen, […]
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Hospital Value Analysis: Simplify, Systemize, and Automate Workflow Processes for Maximum Results
We just conducted a survey regarding the biggest challenges for hospital value analysis professionals and found that their #1 challenge is needing more help to get their job done efficiently and effectively. While this answer […]
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Healthcare Value Analysis: Steps for Achieving Better Results
There are many different iterations that value analysis has morphed, evolved, and emerged into leading up to 2022. Value analysis is predominantly applied to products, services, and technologies in the healthcare supply chain. The primary […]
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Enhancing Patient Experience Through Adult and Pediatric VAT Implementation
Shonda Morrow, JD, MS, RN, CENP; Rush University Medical Center, Chicago, Illinois Kimberly Alsbrooks, BSN, RN, RT (R), VA-BC; BD, Franklin Lakes, NJ, USA Guadalupe Ordaz-Nielsen, BSN, RN, VA-BC; Rush University Medical Center, Chicago, Illinois […]
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Healthcare Value Analysis & Utilization Management Magazine Leadership Interview Questions with Vincent Matozzo & Shawn Kenavan
This is a very different and exciting Value Analysis Leadership Interview that I conducted with Vince Matozzo and Shawn Kenavan who are the principles of the Paradigm Venture Group. Vin and Shawn have been knee […]
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Healthcare Value Analysis Balanced Scorecard Can Up Your VA Performance
A Value Analysis Balanced Scorecard is a tool used to measure financial, customer, processes, and learning and growth data by value analysis leaders to improve their value analysis teams’ results. It was developed by Robert […]
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Value Analysis Advisor: What Can Your Customers Get Excited About?
From our vantage point, too many product, service, and technology offerings are similar propositions, which isn’t very exciting for your customers. Yet, there are a myriad of ways to differentiate your product, service, or technology […]
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How Utilization Reporting Helps You Pick Up Savings Opportunities Including Price
Price is a very simple element of the healthcare supply chain procurement process. You order the product at that price and get the total spend for that line-item product. This is the total spend that […]
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Why Group Purchasing Is Only One Side of the Savings Triangle Equation
It has been my experience that very few things in life and in business have one all-encompassing solution. However, group purchasing seems to be the only savings strategy that supply chain professionals have embraced since […]
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Featured Articles March 2022 – Healthcare Value Analysis & Utilization Management Magazine
Just Released March 2022 Healthcare Value Analysis and Utilization Management Magazine Featured Articles Article Title/Link Article By: Link FEATURED – Blood Gas Analyzer Changeover Helps Improve Quality of Care and Workflow at a Large Urban […]
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Healthcare Value Analysis: Are You Attacking Your Value Mismatches to Achieve Even Greater Savings?
Robert T. Yokl, President/CEO, SVAH Solutions One little-known secret in healthcare value analysis is that there are more savings to be achieved by identifying your value mismatches (i.e., lower cost alternatives available, but not employed) […]