Value Analysis Success Story Why Do We Need VA Teams To Be Successful? Gennifer Baker, MSN, RN, CCNS, Director of Nursing Practice & Lori Wilson, CMRP, Director of Materials Management, HHS, Decatur Morgan Hospital
Although most healthcare organizations have value analysis teams or committees, did you ever consider disbanding your teams or committees for another value analysis model? This was the decision that Huntsville Hospital Health System (HHS), a community-based 941-bed health system located in Huntsville, Alabama, and the fifth largest publicly owned not for profit health system in the nation, made about three years ago to create more cost savings, less hassle, and better outcomes. New VA Model This wasn’t a shoot from the hip decision, but a strategic decision to obtain more buy-in, cooperation, and evidence-based decision making from HHS’s clinical staff. Prior to this new value analysis model, HHS’s multi-disciplined value analysis team met regularly to review and approve new product requests. Often times, many of HHS’s value analysis committee’s buying decisions were influenced by price. Creating a review process that analyzes cost AND clinical value produced not only better financial outcomes for the organization but better clinical, safety, and quality outcomes for the patients and staff. Under HHS’s new value analysis model, no longer would highly paid staff members need to sit through long meetings that often were ineffective, time consuming, and counterproductive. >>> Volume 2/issue 1
Healthcare Value Analysis Magazine
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