Is PPI Standardization the Answer to More Savings?
I just read an article in one of our industry’s leading supply chain publications touting the benefits of the standardization of physician preference items (PPI)…
savings
Value Analysis Professionals: Our Time is Now…Are You Ready?
“There has never been a more perfect time for supply chain and value analysis professionals to fully engage in cost reduction.” If you are looking…
AI And Value Analysis: A Natural Fit
“AI will be one of the answers for value analysis practitioners to save time while improving savings, quality, and outcomes because it enables the execution…
Big Savings in Retrospective Value Analysis Reviews
“The bottom line here is that retrospective value analysis reviews are valuable to healthcare organizations who are in dire need of big savings which will…
5 Reasons Non-Conformance to Requirements is Holding Back Your Savings Opportunities
Savings Opportunities Pyramid Every product, service, and technology should have their functional requirements or exact specifications defined by your customers, not specified by their sales…
If Supply Chain Excellence is Your Top Priority: You Need to Know Where You Stand
We often assume that our supply chain division, department, or unit is performing at the highest performance levels, but are we really sure? From our…
5 Supply Chain Savings Strategies to Employ to Aid Your Health System’s Immediate Bottom Line Crunch
Saving money is now back in as a priority at healthcare organizations whose bottom lines are taking a beating due to inflation (over 8.5% as…
Perfect Storm: COVID-19 Pandemic and Rampant Inflation
We went through almost two years of supply and labor shortages (not that these challenges are entirely solved) during the pandemic and now we are…
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…
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…
Why Savings Validation is Mission Critical
Robert T. Yokl, President/CEO, SVAH Solutions Every value analysis practitioner can tell you that they save money for their healthcare organization, but can they prove…
Back to Basics – Forward to Big Savings
By Robert W. Yokl, Sr. VP, Operations — SVAH Solutions As the major league baseball season has just wrapped up their Spring Training and started…
How to Select a Candidate for a Value Analysis Study
Robert T. Yokl, President/CEO, SVAH Solutions First, I would like to explain the difference between a study and a project. A value analysis study is…