Working Together to Combat Inflation in the Healthcare Supply Chain
Inflation poses a significant challenge for industries across the board, and healthcare is no exception. Hospitals are particularly vulnerable due to their reliance on complex…
supply chain
Do Hospital Supply Chains Turn to Subs Too Early Without First Checking for Original OEM Products?
Hospital supply chains often turn to substitute medical products too quickly, primarily due to various pressures and system limitations. Below is an expanded discussion of…
12 Reasons Why You Should Have a Valid Benchmarking/KPI System to Point You in the Right Direction
Supply chain and value analysis seem like an endless world of projects, initiatives, conversions, problems, recalls, and new product request evaluations that just go on…
5 Immutable Laws for Successful VAC Packs
They can make or break your sales when dealing with a value analysis team in our current healthcare environment. The process is simple, get the…
Healthcare Supply Chain Leaders: It’s Important to Figure Out Which Way the Wind is Blowing
“Eighty-five percent of Healthcare Supply Chain Leaders believe that savings are going to come from the almighty price, but think again.” This may sound cliché,…
How Do You Know Which Supply Categories Are at Best Practice Levels and Which Are Not?
Maintaining best practice levels in supply categories in the complex healthcare landscape is crucial for delivering high-quality patient care while optimizing costs. To this end,…
5 Major Things I Learned from the Value Analysis School of Hard Knocks
“I am glad I could share some of these valuable strategies with you that I had to learn through the value analysis school of hard…
Automate to Innovate Your Value Analysis Program
Most value analysis programs have a different level of maturity when it comes to automation. Too often, the use of spreadsheets is a substitute for…
Savings Beyond Price – You Control the Faucet with Consumption Management
“Consumption management is an opportunity to fine tune contracting, vendor service levels, and clinicians’ use patterns to best practice levels.” Where to Find an Abundance…
Value Analysis is Not Just About Value Analysis
Most seasoned value analysis professionals have come to the realization that value analysis is not just about value analysis in our healthcare systems. Value analysis…
Value Analysis Professionals: What Should Your Priorities Be Going Into 2024?
If you are a healthcare value analysis professional, what should your priorities be going into the new year? A new year is just around the…
The Importance of Measuring Value Analysis Success with KPIs
“The bottom line on value analysis KPIs is that they can give you great information that you would not get from any other source.” The…
Enhancing Your Contracting Strategy
“In the evolving healthcare landscape, incorporating clinical product utilization into the contracting strategy can uncover significant savings.” The contract cycle is a familiar space for…