Healthcare Value Analysis & Utilization Management Magazine - Volume 6 Issue 2

Page 29

Value Analysis 101 One of the Most Powerful Tools for Value Analysis is Strategic Planning Robert T. Yokl, President/CEO, SVAH Solutions

“Nothing is more terrible than activity without insight.� This quote by Scottish Philosopher, Thomas Carlyle, is at the core of why you need to develop and then revisit your Strategic Value Analysis Plan (SVAP) before you establish, reinvent, or set a new direction for your value analysis program. It is one of the key ingredients that holds your value analysis program together, year after year, and decade after decade. Think of the SVAP as Gorilla Glue! Benefits of Strategic Value Analysis Plan We often talk to value analysis leaders that are looking to establish, reinvent, or set a new direction for their value analysis program, since their VA program has gotten stale, is dysfunctional, or is not meeting their stated goals and objectives. This is when we ask the VA leader if he/she has an updated Strategic Value Analysis Plan. Volume 6/Issue 2

Healthcare Value Analysis & Utilization Management Magazine

29


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