May 1, 2008

What comes after value analysis?

By: OR Manager

You've had a value analysis program for a number of years. You think it might have run its course. What's next? Value analysis, which has been in the forefront of supply chain management for years, is a systematic process for making purchasing decisions and identifying savings opportunities that consider not only price but also clinical efficacy, safety, and the impact on the organization. Value analysis teams can be housewide or focused on a specific department, such as surgical services.

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