Value Analysis

The Value Analysis Job Plan

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 […]
Value Analysis

The Lone Ranger Effect

Healthcare value analysis is a real profession and a lifetime career for those who decide to make it so. Yet, too many value analysis professionals decide to go it alone when they enter this profession. […]
Utilization Management

Supply Utilization Management: Flavor of the Month Fad or the Next Mission-Critical Cost and Quality Control System?

Robert W. Yokl, Senior Vice President, SVAH Solutions Supply utilization management (SUM) has its origins in the accounting world where it is known as activity-based costing (ABC). The best mainstream adoption of this ABC methodology […]
Value Analysis

What’s Your Value Analysis Onboarding Process?

James Russell, RN-BC, Value Analysis Facilitator, UF Health at Jacksonville “What’s your value analysis onboarding process?” During an interview for a Value Analysis Facilitator (VAF), we had a candidate ask this question. We looked at […]
Cost Management

PPI Value Analysis and Standardization Success Through Vendor Partnering: A Case Study of Hernia Mesh Savings and Quality Improvement at Thomas Jefferson University Hospital

Miller, Susan G.1 MN, RN, CMRP and Bourque, Megan2 PhD   1Thomas Jefferson University Hospital, Philadelphia, PA 2Cornerstone Research Group, Burlington, ON Why Standardization was Important At Thomas Jefferson University Hospital (TJU), reducing supply costs […]
Cost Management

A Strategic Approach to Cost Containment In Hospitals

How Many C’s Are In Success? Maureen Hazen, RN, MHA, Associate Director, Berkley Research Group’s Healthcare Practice and Robert Andrzejewski, MS, Associate, Berkley Research Group’s Healthcare  In today’s economic environment, hospitals are being forced to make […]