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 - May 17, 2011

 

Robert T Yokl - Healthcare Supply Chain Consultant Strategic Value AnalysisA Note from Robert T. Yokl,
President and Chief Value Strategist

I am sitting here a day earlier than normal on Saturday writing my eNewsletter because it is raining today in Skippack, PA which is delaying my normal yard work that I do on Saturdays.  Yes I like to write on my quiet Sundays but this week it is Saturday thanks to Mother Nature. 

This got me thinking about value analysis teams and how they have the same challenge: starting, stopping and getting delayed on their VA projects for many months. So how do you keep your VA team’s momentum going when things have a way of sidetracking them?  We have found the best way to do so is with VA project management software

It gives you a vivid picture in real-time of who, what, when and how your VA teams and individual team members are progressing with their VA projects.  If they are going off track you can see this is happening by looking over their shoulder at their work even if your VA team is on the other side of the state, time zone or country.   

We have found that spreadsheets or share drives can’t and won’t give you this vital information in a timely fashion so that you can have an intervention to get you VA team or VA team member’s project moving again -- in the right direction.  So why not make your VA job easier by embracing the latest VA project management technology to do all of the heavy lifting for you?

 


Stress-Test Your Supply Chain Operations


We have all read or heard about how ObamaCare will affect our healthcare organization’s financial stability and operations over the next few years. In preparation for these “winds of change” have you stress-tested your supply chain organization to its limits to ensure it can withstand the tsunami that is coming our way?  

A stress-test or an assessment of how your supply chain will function under severe and unexpected pressure of ObamaCare can help you prepare for the new healthcare’s unfavorable reimbursement climate that is underway. Here’s some stress-test questions (with context) that you will need to ask yourself to prepare for this contingency. 

The ObamaCare legislation will cut $500 billion dollars in Medicare payments over 10 years. This means less revenue for your hospital. Consequently, what is the absolute minimum (full-time, part-time and flex-time) staffing you can live with and still delver adequate services with an increase -- not a decrease in volume?   Where can you find even more savings (GPO savings might not be enough for you) to offset the dip in your hospital’s revenues.  How can your suppliers help you with this challenge?

Under ObamaCare, more surgeries, procedures, and services are expected to be performed (40% to 60% now) on an outpatient basis or at an alternate care site?  Are you prepared for this radical shift in supply chain logistics?  Are you considering an off-campus distribution center to lower your warehousing and distribution cost? Or, how about outsourcing your warehouse operations altogether?  Will just-in-time still work for you in this new healthcare environment?

These are just a handful of stress-test questions you should be asking yourself to prepare for the new healthcare economy.  As Peter Drucker once warned, “The most serious mistakes are not being made as a result of wrong answers. The truly dangerous thing is asking the wrong questions.”  Accordingly, since each healthcare organization is unique by reason of their demographics, location, and services you will need to develop your own set of stress-test questions that are customized for your own healthcare organization’s distinctive situation.

Remember, time isn’t on our side to do so, since the healthcare reform train has already left the station and is racing forward at 100 miles per hour.  Don’t wait until the train has reached your hospital, system or IDN to stress-test your supply chain operations, or you will find that your options are becoming smaller and smaller to avert a collision.

Warmest Regards,

Robert T. Yokl
Chief Value Strategist

Strategic Value Analysis® In Healthcare

Bobpres@strategicva.com

1-800-220-4274

Your Partner In Savings Beyond Price™,



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