What truly defines value in the healthcare setting? Value analysis is a hallmark of many healthcare supply chain organizations, but it can sometimes mean different things to different groups. At a minimum, it involves a more holistic view of the correlation between cost (all costs associated with delivering patient care and supporting the care environment), quality (patient-centered care aimed at achieving the best possible clinical outcomes), and outcomes (financial reimbursement driven by outstanding clinical care at the appropriate costs) as opposed to viewing each independently. In this session, we’ll look at supply chain processes and best practices that are at the root of a collaborative and successful value analysis program.

Learning Objectives:

1. Examine the importance of building a clinically integrated team.
2. Explain the benefits of engaging outside stakeholders including suppliers and GPO’s.
3. Review the criticality of developing meaningful metrics.