Knowledge Center

This webcast discusses the team work involved in product value analysis and decision making using data-driven scorecards outlining Cost, Quality, and Outcomes. Presented by: Brent Petty, executive industry consultant, Lexmark International

Every organization has a variety of internal and external benchmarks at their disposal. Metrics need to be practical for each individual provider, and the supply chain must choose its measurements and comparisons carefully. In this webinar, we discuss meaningful benchmarking and explore several scenarios, useful metrics, and variation considerations to help make appropriate decisions that can improve supply chain performance.

Increased demand can lead to reactive replenishment but triggers be identified and assessed before rushing to order. Take control of your inventory through proactive demand pattern identification to address issues and changes before they arise. In this webinar, experts discuss the data needed to predict usage patterns and trends, as well as best practices to improve inventory for high value and commodity products.

Get the basics on what healthcare supply chain and manufacturers, together with clinical and IT departments, must do to implement the Unique Device Identifier and adverse event reporting, and the subsequent effects that will trickle-down to individual patients and the global health population.

As hospitals restructure to gain sustainability in an era of reform, it is crucial for supply chain leaders to work collaboratively within health systems and identify new opportunities for cost reduction in areas that generate savings and improve outcomes. This webinar focuses on key lessons and best practices using case studies from leading hospitals and health care systems that have successfully aligned their supply chain and strategic vision.

Learn how to drive organizational and cultural improvements by utilizing cost, quality, and outcome data in the decision making process. This webinar explains how the use of trustworthy clinicians and industry partners in support role with physicians and decision makers leads to success.

Health care costs continue to rise at an alarming rate, growing well ahead of inflation. In this webinar, we compare and contrast the education and training practices for supply chain professionals in each sector, the use of Collaborative Planning Forecasting and Replenishment (CPFR), and the use of actual usage data at the last leg of the supply chain as a means to enhance automated inventory control strategies.

Capital equipment replacement planning is an activity many organizations engage in year after year. In this two-part series, we will outline a process of evaluating current equipment utilizing specific data elements and identifying where that data can be obtained and discuss how to use data and planning results to prioritize and follow established guidelines to replace only the equipment that needs replacing.

This session explains the benefits of implementing the UDI such as immediate device status updates through collaboration with manufacturers and suppliers, increased patient care satisfaction, and how the data you collect can turn your analytics into strategic and critical business decisions. Learn the step by step process that FMOLHS used to implement UDI.

Hear one provider’s ongoing process of UDI implementation, from deciphering acronyms and educating interdepartmental staff, to working with vendors to redesign ERP software to meet FDA data capture and reporting regulations, all while creating procedures for others to follow.

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.

This webinar discusses the health care supply chain, its strengths and weaknesses. It reviews best practices around the industry, including what Intermountain Healthcare has done with building its own logistics/distribution functionality. It will also present the implications of the future of the industry with the changing horizon that comes with the Affordable Care Act, including preparing to serve non-acute operations.

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.

Yankee Alliance facilitated an Orthopedic Total Joint Collaborative in order to identify opportunities for quality improvement and cost reduction, resulting in documented savings of over $8M. In this webinar, the collaborative approach is reviewed as well as the methods deployed to achieve savings, including implant and reimbursement benchmarking, contract strategies, and perioperative supplies utilizing data analysis.

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

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.

Reducing variability in products, supplies, pharmaceuticals, and other cost drivers is key to achieving margins in Medicare payment. This webinar tails the process used by Vidant Health (an eight-hospital system with a 900-bed academic medical center) to engage physicians in standardization resulting in substantial savings. We cover the process from beginning to end, pitfalls, discovery, and outcomes.

A short introduction to the CMS Meaningful Use 3 Rule and how implementing UDI within the healthcare setting and moving toward the full GS1 will reduce costs and improve inventory management while providing accurate data reporting and complete patient EHR information. Ultimately, these changes will lead to knowledge-based decision making and improved quality of patient care.

Public and private reimbursement models continue to shift from paying for volume to paying for value. Today, value analysis programs must continue to produce savings while also supporting the attainment of high quality care. Listen as Dennis Orthman, Senior Director of Strategic Marketplace Initiative shares with you the exciting and challenging work that SMI has accomplished in partnership with the Association of Healthcare Value Analysis Professionals.