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There Couldn’t be a Better Time to Up Your Healthcare Value Analysis Game
By on April 26, 2012  |  Comments 0

There Couldn’t be a Better Time to Up Your Healthcare Value Analysis Game

There couldn't be a better time to up your value analysis game! Value analysis has a 35-year history of saving money in healthcare, but it has gained even more importance, credibility and momentum now that The Patient Protection and Affordable Care Act has been signed into law.  This is because saving money (and making it [...]

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Breakthrough Game Changing Book is Yours for FREE!
By on May 04, 2011  |  Comments 0

Breakthrough Game Changing Book is Yours for FREE!

Healthcare Supply Utilization Revolution Become a Savings Magnet Read this book and in a few weeks save more money than you have in years. Sounds unbelievable? Robert T. Yokl and Robert W. Yokl, healthcare’s leading authorities in Supply Utilization Management, have helped hundreds of hospitals, healthcare systems and integrated delivery networks to saved close to [...]

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5-Steps to Making Your Value Analysis Studies Easier

5-Steps to Making Your Value Analysis Studies Easier

Most value analysis studies are very complex and take time to accomplish because all the elements of a successful study just don’t materialize overnight.   Not to mention the fact that an individual value analysis practitioner could have anywhere from five, 10 or even 25 studies in their pipeline at any given time and/or are assisting [...]

Resisting Hospital Supply Chain Price Increases at all Cost

Resisting Hospital Supply Chain Price Increases at all Cost

What should be your first reaction to a proposed price increase from a supplier?  You should tell your supplier that you will be turning his or her request for a price increase over to your value analysis team to seek out an alternate product, service or source.  This one statement should rescind about 80% of [...]

Driving your Hospital’s Supply Chain from a Dashboard

Driving your Hospital’s Supply Chain from a Dashboard

Some time ago I came to the realization that a dashboard is vital to the success of any hospital, system or IDN’s supply chain department. This is because the healthcare supply chain has become too complex to manage on the back of an envelope, inflexible spreadsheets or disparative systems. To be in ultimate control of [...]

Hospital Inventory Management: Is One Indicator Enough?

Hospital Inventory Management: Is One Indicator Enough?

We always look for more than one performance indicator in our value analysis analytics practice to ensure that we are seeing all sides of the equation. This is because if we employ three indicators we can triangulate this information into a more reliable decision making model. We find this technique particularly important when we are [...]

Supply Business Intelligence: A Hospital Supply Chain Imperative

Supply Business Intelligence: A Hospital Supply Chain Imperative

Way back when the life of a supply chain professional was simple, uncomplicated and relatively easy, our biggest worry as supply chain managers was customer service. Now, that criterion for success is only one of dozens of supply chain operational areas we need to keep our eye on.  The times are changing, and we must [...]

Ready, Fire, Aim: Is this is a Formula for Hospital Supply Chain Success?

Ready, Fire, Aim: Is this is a Formula for Hospital Supply Chain Success?

Robert Skrob, a renowned business coach, tells us that too often “We introduce processes and ways of doing things (in our supply chain business) without thinking through the goals, processes, responsibilities and control. It may be important to you to follow the entrepreneurial wisdom, ‘Ready, Fire, Aim’ and execute a new program immediately rather than [...]

The X-Factor: Hospital Value Analysis Teams

The X-Factor: Hospital Value Analysis Teams

We have been observing value analysis team dynamics for over 25-years and then analyzing them to determine what makes the most successful ones excel or you might call “The X-Factor”. That one missing element that propels value analysis teams to even higher levels of performance or conversely keeps them from becoming peak performers. Well, without [...]

Organizing for Efficiency of Your Hospital’s Supply Chain Expense Management

Organizing for Efficiency of Your Hospital’s Supply Chain Expense Management

We have a saying around our firm that goes something like this, “You must be organized to save, if you want to save big”.  In fact, efficiently saving money needs to become a habit if you want to make good supply chain organizations even better. It means taming the “paperwork tiger”, systematizing what you are [...]

How Your Hospital Supply Chain Can Search out Even Better Savings Ideas!

How Your Hospital Supply Chain Can Search out Even Better Savings Ideas!

Most of us in hospital supply chain management look to other hospitals for even better savings ideas. Yet, this should just be the starting point for you to scan the worldwide marketplace to improve your innovation. Meaning, to be truly innovative you will need to search across all industries to glean the best-of-the-best savings ideas.  [...]