Value Analysis

Crucial Conversations and How to Have Them

Alan Edwards, Regional Director of Supply Chain, Adventist Health System, Tampa, FL “Today’s supply chain leader faces more day to day pressure than ever before. We’re pressed to identify savings opportunities for our organizations, and […]
Value Analysis

If You Think Training is Costly, Just Think of the Cost of Not Training Your Hospital Value Analysis Teams

I can’t count the times I have seen hospital value analysis teams waste time, money, and resources because they haven’t received advanced training in value analysis strategies, tactics, and techniques. Instead of taking less than 90-days to […]
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

How To Avoid “Group Think”!

You need to diversify your VA team’s membership to energize your team. When selecting or replacing your value analysis team membership, you need to consider the diversity of your team’s members. Do they look alike, […]
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. […]
Value Analysis

The Evolution of Value Analysis

Michael Bohon, Founding Principle, Healthcare Solutions Bureau Twenty-seven years ago, I unexpectedly found myself working in the supply chain sector of the healthcare industry in Arizona. For nineteen years prior to that I was also […]