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Healthcare Value Analysis and Utilization Management Isn’t Always About Saving Money: 3 Surefire Ways to Improve Quality Too
By May 23, 2017 Read More →

Healthcare Value Analysis and Utilization Management Isn’t Always About Saving Money: 3 Surefire Ways to Improve Quality Too

When Larry Miles, the father of value analysis, invented the value analysis technique in the 1940s it was all about saving money. However, thanks to the evolution of value analysis by Value Analysis and Utilization Management Practitioners and Educators in the years that followed, VA & UM Practitioners now also focus on quality improvements of […]

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Being a Rockstar in Healthcare Supply Chain Management is a Matter of Measurement
By May 18, 2017 Read More →

Being a Rockstar in Healthcare Supply Chain Management is a Matter of Measurement

I’m sure you have heard the saying, “What is measured happens,” or, “Measure what’s important,” or even, “If you can’t measure it, then it can’t be improved.” As far as we are concerned, these sayings set the stage for your supply chain management success. Think of not measuring as flying blind without a compass.   […]

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Apply These 4 Healthcare Value Analysis and Supply Utilization Techniques to Do More with Less Resources
By May 10, 2017 Read More →

Apply These 4 Healthcare Value Analysis and Supply Utilization Techniques to Do More with Less Resources

It’s no secret that your hospital, system, or IDN is shedding staff and eliminating positions (even in value analysis and supply utilization disciplines) due to their ever-changing healthcare environment. This means you need to be even more economical with your own time and that of your value analysis team leaders and their team members. Especially, […]

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3 Critical Phases of Healthcare Value Analysis Studies You Need to Know About that Enables You to Contribute to Your Healthcare Organization’s Bottom Line
By May 2, 2017 Read More →

3 Critical Phases of Healthcare Value Analysis Studies You Need to Know About that Enables You to Contribute to Your Healthcare Organization’s Bottom Line

We conducted a poll in March to understand how our healthcare value analysis community defined a value analysis study. To our delight, 58% of the poll takers thought a value analysis study was an “in-depth investigation” (not a review, evaluation, or standardization) of a product, service, or technology. Happily, this was the right answer. Just […]

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3 Ways to Ensure that Your New Product, Service, and Technology Supply Chain Savings Stick Each Year
By April 25, 2017 Read More →

3 Ways to Ensure that Your New Product, Service, and Technology Supply Chain Savings Stick Each Year

Year after year, SVAH’s studies have shown that 19% to 33% of the savings supply chain or value analysis professionals are reporting to their senior management do not stick. Meaning, for numerous reasons that we will discuss shortly, many projected annualized savings don’t hit their healthcare organization’s bottom line.   Why Your Savings Don’t Stick […]

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5 Reasons You Aren’t Working on the Right Value Analysis Projects

5 Reasons You Aren’t Working on the Right Value Analysis Projects

Healthcare costs are rising every year in the United States, and are 29% higher than any other country in the world according the Modern Healthcare Magazine. This is unsustainable, unmanageable, and could be unaffordable in a few years. That’s why value analysis is so important to your healthcare organization in holding down your supply chain […]

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Unlocking the Value of Value Analysis at Your Healthcare Organization

Unlocking the Value of Value Analysis at Your Healthcare Organization

We often hear that we only use 10% of our brain power. Well, the same is true of value analysis: We only employ 10% to 30% of the true potential of value analysis at our healthcare organizations. This is because we don’t realize that VA was designed to be a problem-solving system by Larry Miles, […]

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Is Standardization Really a Best Practice?

Is Standardization Really a Best Practice?

The conventional thinking in supply chain/value analysis circles is that standardization is one sure way to cut your supply costs, so you should follow this path every chance you get. Yet, we beg to differ with this so-called best practice because it has its limitations. Here are three reasons why it doesn’t always make sense. […]

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5 Ways Benchmarking Can Improve Your Purchase Service Contracting Cost, Quality, and Performance

5 Ways Benchmarking Can Improve Your Purchase Service Contracting Cost, Quality, and Performance

If you haven’t realized it already, your purchase service contracts (i.e., tasks, jobs, or services performed by outside contractors) are more complex than ever before. More importantly, there is no easy way to measure, manage, and control these contracts without understanding their characteristics, since no purchase service contracts are identical. Yet, there are 5 ways […]

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Leading Change in Clinical Supply Utilization Management: Transitioning Beyond Price and Standardization for Even Greater Savings

Leading Change in Clinical Supply Utilization Management: Transitioning Beyond Price and Standardization for Even Greater Savings

Price and Standardization Savings are Waning   Show me a hospital, system, or IDN that is achieving double-digit price and standardization savings, and I will show you a healthcare organization that is falling behind its peers. The record shows that most hospital, system, and IDN’s price and standardization savings are waning. That’s why it’s time […]

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