Knowledge Center

Join us in this session as we dissect the strategies, challenges, and triumphs in navigating the often underestimated realm of Purchased Services to unlock significant savings while retaining strong supplier partnerships.

This on-demand session was presented at the Spring Summit: Transformational Excellence.

This on-demand session was presented at the Spring Summit: Transformational Excellence.

Improve clinical and financial outcomes for hip fracture care using a standardized, collaborative service line approach.

How to assess the total procedural value through a clinical and economic lens.

Consider how the four emerging themes on purchased services and their leading practices can deliver improved margins.

Health care supply chain leaders discuss methods to reduce the impact of demand surges and supply shortages due to unexpected events. A three-part plan to stabilize, adapt, and evolve to improve supply resilience will be shared, with a deep dive on various ways to increase trust, transparency and predictability in the supply chain.

Value Analysis programs are charged with evaluating products and services while balancing cost, quality, and outcomes in the decision. The quality of the products and the outcomes from using the products cannot be compromised, but today’s environment within healthcare dictates that cost is a significant factor influencing the decision. Unfortunately, the identified savings is not always realized in the anticipated time frame or to the full extent. Every week an initiative is delayed or not fully implemented results in lost dollars that cannot be recouped.

Resiliency in the operating room is imperative in today’s health care climate. A well-functioning OR has the potential to increase the number of patients served and further enhance its contribution to the hospital's bottom line. This presentation discusses how supply chain process improvements help achieve CQO in the OR.

A panel of three leading experts in the value analysis field candidly share information regarding the state of value analysis when they entered the field, their experiences during the evolution of value analysis to its current state in their respective organizations, and their thoughts on the future state of value analysis as well as lessons learned along the way.

Wellmont Health System in Tennessee has developed a scorecard to help supply chain executives convince even the toughest clinicians and hospital administrators to collaborate and drive down overall costs (while maintaining the highest standards of patient care and safety) by speaking their language: evidence. This webinar provides detail on how to use the DRG scorecard. An excel file of the scorecard is provided upon completion.

Purchased services typically represents over 20 percent of a healthcare system’s total annual expenditures. During this webinar, we discuss best practices to understand actionable data, identify smaller spend categories for your staff to tackle, and decide when it is safe to go at it alone versus when to recruit additional resources.

NYU Langone Health adopted High Reliability Organization (HRO) principles and developed a transformational approach in order to support clinical needs and drive quality patient outcomes. In this webinar, supply chain leaders discuss NYU Langone's supply chain transformation. Presenters cover HRO education and concept training, action-oriented committees and project specific development, as well as planning and implementation.

A panel of health care industry leaders shares their insights and experiences in creating a best-practice supply chain that supports the intersection of cost, quality, and outcomes within their institutions.

Budget Impact Analysis (BIA) is a type of analysis that can bridge organizational gaps to help improve coverage decisions for new products or procedures. Because a BIA can be adjusted to meet the goals of a particular population with particular needs, it can also improve the value and the quality of healthcare. This type of analysis can help Supply Chain leaders and their collaborative value analysis teams to make local adoption decisions in a timely manner.

The perioperative services administration at Massachusetts General created a rigorous and rapid approach to raising the level of cost awareness among its nursing, surgical technician, and surgical staff. In this webinar, the leadership team shares how they used data capture to assess supply use and how they changed the culture in their hospital to be more cost aware.

Tracking surgical supplies is a challenge. Average returns for picked supplies is low, O.R. in-and-out traffic to retrieve items is high, and significant staff hours are spent checking consumption, restocking, and locating supplies. UTMC and DeRoyal have developed a "smart" radio frequency identification trash bin that tracks inventory used during a case, charges for that inventory, and shows where items are located in the room in real time.

Outsourcing of hospital functions is a common and growing practice in the U.S. and comprises on average 25% of total non-labor spend in hospitals. Many hospitals are finding that the outsourcing of some functions is a double-edged sword. This webinar will help you determine how to make decisions about which services to keep in house and which to outsource in the post-reform era of higher quality and cost savings.

At Hershey Penn State Medical Center, the supply chain and ED nursing team came together in a Kaizen process to reinvent the way supplies were being managed in the ED. As a result of their efforts, a new business process and system was implemented, which increased nursing satisfaction from 10% to 90%, reduced costs and stock-outs, and created a continual improvement process that supports the team’s ongoing needs.

This AHRMM webinar will help engage physicians to reduce costs and improve patient outcomes.