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…
Price
The Missing Link in Supply Expense Management
Do you have all of your supply expense management bases covered? It wasn’t so long ago that price and standardization was king in supply chain…
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…
Navigating Uncharted Waters of Supply Utilization Management
Traditionally, the Healthcare Supply Chain saving game has been greatly influenced by the “price” savings opportunities offered by group purchasing contracts, standardization, and capitation. Unfortunately,…
Why Utilization Management is More Important than Ever Before!
An Important and Timely Message from Robert T. Yokl When I look at the Affordable Care Act’s new Value-Based Purchasing (VBP) Prospective Payment System that…
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…
Value Analysis Analytics: The Tool of Choice to Identify Your Best Value Analysis Savings Opportunities
Value Analysis Analytics Breakthrough Savings on Demand The promise of value analysis analytics to up your savings game Your healthcare organization is data-rich, but most…