In this three-part webcast, Howard Mann, Vice President, Supply Chain Management at Cardiovascular Care Group discusses the basics and relationship of Value Analysis and Value Based Purchasing to achieve high Cost, Quality and Outcomes success. Part one explains Value Based Purchasing and its effects on hospital reimbursement.
Presented by: Howard Mann, Vice President, Supply Chain Management, Cardiovascular Care Group
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In this three-part webcast and podcast series, Howard Mann, Vice President, Supply Chain Management at Cardiovascular Care Group discusses the basics of value analysis and value based purchasing to achieve high Cost, Quality, and Outcomes. In part two, review the importance of value analysis and supply chain's involvement.
Presented by: Howard Mann, Vice President, Supply Chain Management, Cardiovascular Care Group
Health care organizations continue to look for new ways to reduce costs. Ultimately, data, clinical integration, and engaging multi-disciplinary stakeholders may be the major keys to success. In this webinar, we describe how a large health system sought to standardize endomechanical, suture, trocars, and surgical energy across multiple categories.
Dr. Michael Schlosser discusses the reasons for, and resources needed to create a clinically integrated supply chain that utilizes evidence-based data to make procurement decisions that can improve patient outcomes.Presented by: Dr. Michael Schlosser, Chief Medical Officer, HealthTrust
An integrated culture, best in class supply chain practices, and data-driven insights all maximize savings and make a difference in health care organizations. In this webinar, experts discuss how supply chain operations impact total costs for a health care organization. Gain a thorough understanding of the often overlooked leading practices in the health care supply chain, such as utilization control and assessing information.
Dr. John Cherf, chief medical officer at Lumere, explores the findings from a physician survey regarding how physicians make decisions as it relates to costs, quality, and variations.
2018 AHRMM CQO Summit:
Each year at the annual AHRMM Cost, Quality and Outcomes (CQO) Summit, participants throughout the health care field come together to share their knowledge, leading practices and ideas on supply chain’s role in delivering higher quality care at a more affordable cost. The CQO Summit discussions, in turn, inform the next year’s CQO report, which guides the development of the agenda for that year’s Summit.
Having conversations with clinicians can be difficult, Howard Mann, a 30 year supply chain professional, discusses how to prepare for physician conversations regarding vendor consolidations to reduce the number of suppliers for product or product categories.
AHRMM is building a repository for leading and proven supply chain practices, case studies, and toolkits that are developed from a Cost, Quality, and Outcomes (CQO) perspective. The following leading practice was submitted by:
AHRMM is building a repository for leading and proven supply chain practices, case studies, and toolkits that are developed from a Cost, Quality, and Outcomes (CQO) perspective.
Successful CQO initiatives must start with data that is reliable and accurate, but it takes physician leadership to make sure it is also meaningful. With the complex array of data sources available today, special skillsets are needed to drive a clinically oriented data strategy and build an architecture of analytics that can be drilled down to physician level and individual cost drivers.
Cost per case is a valuable measure because it captures multiple data points. As reports are developed and used, CPC can prove a powerful tool for finding cost reduction and process improvement opportunities—and that can impact your hospital’s bottom line.
Donna Gammarato discusses the importance of creating specialized value analysis teams to analyze resource utilization and reduce costs
This case study provides a review of Grady Health System’s transformation from traditional Value Analysis Joint Product Review Team structure to Value Based Selection Committees which promote shared governance including system wide physicians and executives focusing on full integration of cost, quality, outcomes analysis to ensure selection of products offering the greatest overall value for cost reduction and improvement of outcomes.
The shift to bundled payments in health care continues to push the supply chain to a more central position in the overall operations and capabilities of progressive health systems.
In the spectrum of payment models, with fee-for service on one end and capitation on the other, bundled payments is somewhere in the middle. No single payment model has been completely successful in the past, but there is no dispute that cost reduction must be one of the primary goals of any model that all stakeholders can agree on.
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Consumerism in healthcare has been on the rise as the impact of healthcare reform translates to narrower networks, higher deductibles and co-payments for patients, coupled with the shift toward value-based reimbursements for providers. With these changes, supply chain needs to work more closely with finance, clinicians, physicians, and health plans in this new healthcare economy.
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By: Michael Deluca
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By: Suzanne Alexander-Vaughn
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AHRMM is building a repository for leading and proven supply chain practices, case studies, and toolkits that are developed from a Cost, Quality, and Outcomes (CQO) perspective. The following leading practice was submitted by: