Price Archives - Page 2 of 2 - Healthcare Value Analysis and Utilization Management Magazine

Value Analysis: It’s All About Data

May 13, 2013 Robert Yokl Comments Off

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, […]

The Missing Link in Supply Expense Management

April 15, 2013 Robert Yokl Comments Off

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 management circles. All you needed to do was join one […]

What You Can’t See Will Hurt You

April 11, 2013 Robert Yokl Comments Off

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. […]

Navigating Uncharted Waters of Supply Utilization Management

February 18, 2013 Robert Yokl Comments Off

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, we are not seeing the ROIs from these major savings […]

Why Utilization Management is More Important than Ever Before!

February 15, 2013 Robert Yokl Comments Off

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 was implemented in October of 2012, I get the feeling […]

Reduce, Control and Eliminate Wasteful and Unnecessary Supply Utilization Practices

February 14, 2013 Robert Yokl Comments Off

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 standardizing on the products, services and technologies that they are […]

The Seven-Percent Savings Solution

February 13, 2013 Robert Yokl Comments Off

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 obtainable? For instance, I know of healthcare organizations that have […]

Value Analysis Analytics: The Tool of Choice to Identify Your Best Value Analysis Savings Opportunities

January 5, 2013 Robert Yokl Comments Off

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 supply chain professionals don’t optimize the use of their hospital, […]