Value Analysis Committee

1
Value Analysis Committee

• Strategy Concepts

2
Mission Statement

• To evaluate, analyze and deliver medical
  supplies and purchased services in a cost
  effective manner while making world class patient
  care the 1 goal.

3
Primary Goals

• Cost savings and cost reduction through process
  improvement.
• Be the hospital Gatekeeper of new products
  services.
• Support GPO contracts through clinical trials and
  clinical acceptance.
• Support clinical practices in a way to reject
  supplies and services that do not meet clinical
  standards.

4
Primary Goals

• Create teams to address supply utilization
  issues. These teams work independently but report
  to the Value Analysis Committee.
• Create teams to address purchased service issues.
  These teams work independently but report to the
  Value Analysis Committee.

5
Committee Structure Core Group

• Materials Manager
• Clinical Liaison
• Infection Control
• Staff Education
• Risk Management
• Finance
• Biomed

6
Committee Structure - PRN

• Any department staff member designated by the
  department as a representative. Attendance will
  be required based on committee agenda items or
  projects.
• Team leaders of any supply teams that are working
  on current projects.

7
Committee Structure

• The Core Committee should elect a chairman,
  co-chair, secretary and moderator.
• The Core Committee should agree to work as a
  team without boundaries. The team represents the
  hospital, not any one single department.

8
Sub-Team Names

• SUM Supply Utilization Management
• CAT Cost Analysis Team
• RCI Resource Consumption Initiative
• SPIT Supply Process Improvement Team

9
Meetings Schedule

• Meetings of the Value Analysis will be done on an
  as need basis to avoid having a meeting for the
  sake of having a meeting.
• Meetings will be scheduled by the availability of
  the core members and the need to fit into the
  schedule of others on a PRN basis.
• Meetings will be scheduled by either Chair or
  Co-Chair.

10
Meeting Format

• Meetings will have a formal agenda published in
  advance of the meeting.
• Meeting times should not exceed 90 minutes.
• The moderator will keep the committee focused
  on time limits.
• The chairman will keep the committee focused on
  task agenda

11
Core Committee Responsibilities

• Meeting attendance start meeting on time.
• Complete as needed work assignments in between
  meetings.
• Supervise or chair sub-committees.
• Always be looking for, thinking of, or soliciting
  ideas for cost reduction through process
  improvement.
• Question current processes and any process that
  is because That is the way we always have done
  it.

12
Core Committee Responsibilities

• Be open minded to change, and become a change
  agent.
• Be an internal sales person for the value of
  the Value Analysis Process.
• Be an internal resource for problem solving
• Promote team work and a united hospital goal

13
Lets Get Started!!!

• First organizational meeting to be held on ( date
  to be determined)