VALUE ANALYSIS PROGRAM OVERVIEW
Executive Sponsor: Rick Swaine
Chair(s): Dr. Hanna, Dr. Moukarbel
Facilitator: Jen Pastorek
Members: Michelle Mallett, Troy Holmes, Michael Craig, Tracy Pakulski
Subject matter experts: Jeff Boyd, Eric Bernard, Linsi Willis, Jill Facer, Tony Pauken, Tammy Helle, Bob Hansen, Mike Kern, Tim Etue
Purpose
- Develop strategies to achieve goals that improve product utilization, safety and reduce cost.
- Ensure that cost-saving initiatives and process improvement are implemented across all departments efficiently and successfully
- Support the value analysis program’s objectives and activities
Objectives
- Reduce costs and improve performance through the cost-effective utilization and standardization of products, services, and processes, while maintaining or improving the quality of patient care
Deliverables and Outcomes
- More efficient utilization of products and resources
- Standardization of use and practice
- A value analysis decision grid for physician and non-physician preference items
Key Measures of Success
- Improved patient and staff safety by reducing product variation in practice and utilization
- Improved patient outcomes
- Identified and implemented savings