Supply Utilization Management

Value Analysis and Utilization Tools: Healthcare Can’t Afford to Not Look at Inappropriate Utilization

Gina Thomas—Chief Development Officer, Lumere The January 13 New York Times article titled “Can Your Hip Replacement Kill You?” might seem dramatic, but it’s not an overstatement. If we don’t take a deeper dive into […]

Value Analysis

Moving Beyond Standardization and Best Price

Robert T. Yokl, President/CEO, SVAH Solutions Twenty-five or more years ago, hospitals and health systems (that’s all there was at that time) had committees called Standardization Committees that evaluated and approved the new products, services, and technologies for their hospital or […]

Cost Management

The New End Game!

Life cycle cost is the forgotten goal of all our cost and quality challenges. Every day we hear about all the latest and greatest new strategies, software, tools, and contracting methods that overwhelm us in […]

Benchmarking

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 that there is a shift in benchmarking for greater accuracy, […]

Value Analysis

Value Analysis: It’s All About Data

James Russell, RN-BC, MBA, Value Analysis Facilitator VCU Health System, Richmond, VA After price is whittled down as low as it can go, utilization can offer an avenue for cost savings. However, without good data, […]

Value Analysis

What You Can’t See Will Hurt You

Most of your new saving opportunities are below the water line. We like to equate supply chain expense savings to an iceberg! Above the waterline are your price and standardization savings, which are easily identified. […]