Savings Beyond Price™
Innovative Supply Savings and Quality Solutions That Work
by Strategic Value Analysis® in Healthcare
Did You Know...?
That Value Analysis Was Developed Back In the 1940's After World War II as a Way to Find Lower Cost but Higher Quality Alternative products and methods. This was Due to the Lack of Material Resources At The End of The War.
Savings Beyond Price -Weekly eNewsletter - January 20, 2010
Robert T. Yokl
President & Chief Value Strategist
A New Supply Saving Process That Really Works!
Greetings,
All supply chain professionals are being challenged to save even more money in 2010 due to the current recession, the affects of the new economy and the uncertainty of the impending healthcare reform bill.
To meet this challenge we all need to discover new supply savings processes that REALLY work to reduce the cost of our high ticket purchases and then would hold back healthcare inflation which was about 4% last year. The new supply savings process that I will be introducing to you today to assist you in meeting this goal is based on the philosophy that you can save even more money if you focus on QUALITY vs. COST CUTTING! Here’s how it works!
This philosophy is grounded in the logic that you should NEVER initiate a cost cutting project with your clinicians that has as its sole purpose to save money. This is an immediate turn-off for the clinicians that will be participating in your project. A much better way is to attack the defects (anything your customers don’t want or need in their products, services or technology) in their supply streams which will improve their quality and as a byproduct save money.
To bring this point home, I just read an article in Hospital Financial Managers Magazine that talks about Spectrum Health System, Grand Rapids, Michigan, initiating a project to reduce their blood transfusions in the orthopedic cases after they determined that the variation (blood products administered per case) between 21 orthopedic surgeons was in a range 9.7% to 82.5%. After gaining consensus amongst their surgeons that improvement was needed based on these statistics, the surgeons changed their practices to conform to regional and national standards. By doing so, Spectrum reduced their blood use from 31% to 13.5% for their total knee replacements, representing hundreds of thousands of dollars in savings. This provided their patients with the most appropriate and medically indicated high-quality treatment at the lowest possible cost.
Simply put, if your goal is to save money in 2010 DON’T make it the sole purpose of your cost cutting initiatives. Instead, your broader goal should be to have a high-quality value analysis program that raises both clinical and financial outcomes for your healthcare organization.
This way everyone wins!
Your Partner In Savings Beyond Price™,
Robert T Yokl
Chief Value Strategist
Strategic Value Analysis® In Healthcare
1-800-220-4274
P.S. If you would like to read more about this QUALITY vs. COST CUTTING philosophy I would suggest that you order a FREE copy of our new book HEALTHCARE SUPPLY UTILIZATION REVOLUTION. I promise you that it will open up a whole new world of savings for you -- today.
NEW SUPPLY SAVINGS COMIC!
JUST ANNOUNCED -
Breakthrough Game Changing Book is Yours for FREE!
Healthcare Supply Utilization Revolution
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 a half billion dollars by employing the same utilization management strategies, tactics and techniques that they will teach you in this book.
The Savings Beyond Price Blog Is Back and Better than ever!
Just Announced!
Value Analysis Leader Resource Web
The #1 Resource for Supply/Value Analysis Savings!
- Fast Savings Ideas/Guides
- New Tools
- New Success Models
- New Forms & Checklists
- Videos
- Webinars
- Audios
- Benchmarks
- Tutorials
|
Sign Up for Our FREE Weekly Savings Beyond Price eNewsletter to Receive Exclusive Content Not Found Anywhere Else
PLUS as an added Bonus, we'll
also send you our SPECIAL REPORT "Your
Targeted Blueprint for Supply Savings Success!"
Subscribe Today! |
© 2008 - The Strategic Value Analysis in Healthcare, P.O. Box 939, 3887 Skippack, Pike, Skippack, PA 1-800-220-4271
About SVAH - Blog - Press Releases - Technology Value Analysis - Clinical Value Analysis - Events & Speaking Engagements - Case Studies and Success Stories - General Hospital Consulting and Supply Chain Management - Value Analysis Bookstore -Value Analysis University Supply Best Price Analysis - Supply Chain Scorecard and Dashboard - Supply Six Sigma - Strategic Supply Chain Management Planning - Value Analysis Software - Value Analysis Services - Healthcare Supply Expense Reduction and Analysis - Value Analysis Team Training Programs - Supply Chain Best Practice Series TeleSeminars Savings Beyond Price Newsletter - Strategic Value Analysis in Healthcare White Papers - Supply Chain Benchmarking - FREE Savings Beyond Price Weekly Newsletter - Archived Weekly Value Analysis Articles -Hospital Consulting Clients - Contact Us