Copyright 2007 Strategic Value Analysis In Healthcare Value Analysis 2.0 New Rules, Systems And Models For Long-Lasting Savings Performance Back To Basics

Copyright 2007 Strategic Value Analysis In Healthcare

Value Analysis 2.0Value Analysis 2.0Value Analysis 2.0Value Analysis 2.0New Rules, Systems And Models For New Rules, Systems And Models For Long-Lasting Savings PerformanceLong-Lasting Savings Performance

Back To Basics Forward To Savings!


Session Overview!

• Is It Really Getting The Job Done?• Isn’t It About Time To Re-Think…• What’s Different About VA 2.0?• New Rules, Systems And Models• 7 Benefits of Value Analysis 2.0


VA 1.0: Is It Really Getting The Job Done?

Utilization Misalignment

s 66%

Value

Mismatches

13%

Contracts 11%

Inventory 7%Standardization 1%Price .005%


Isn’t It About Time We Re-Think, Re-New And Re-Invent What We

Are Doing?

• Organizational Structures• Team Selection Processes• Training, Coaching, Mentoring• Measurement, Motivation &

Control• And Much -- Much More!


What’s Different About Value Analysis 2.0?

• Strategic Planning Driven• Framework of Discipline• New Rules, Systems & Models• Defined Six-Step Process



New Rules For:• Team Selection• Project Selection• Time Lines• Status Reports• Measurement• Controls

• Data Collection• Creativity• Pilot Tests• Problem

Prevention• Facilitation• Coaching


Pilot Test: 4Ps Planning, Piloting, Problem Prevention

• PLANNING: Gant Chart or Timeline• PILOTING: Test, Test, Test, Test• PROBLEM PREVENTION: Negative

Thinking (“What Can Go Wrong Will”)


Control Charts“Keep Your Eye On The Ball”

Bath Kit Usage Control Chart

0

500

1000

1500

2000

2500

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

East

West

North

UCL

LCL


New Systems For:

• Evaluation• Accountability• Eliminating Waste• Increasing Speed• Value Justification• Cutting Cost

• Uncovering Savings

• Controlling Costs• Identifying

Customer Requirements

• Team Management


Functional Analysis“Customers Don’t Need Everything They Say They Need!”

BEST VALUE

Total cost

Function

Low C

ost

=

Target

Qua

lity

Spee

d


Value Analysis Customer Mapping™ Process

“Value Analysis Begins & Ends With The Customer

1.Identify Who

Are The Customers

2. Determine TheirCTQR

3.Translate CTQR Into

Our Language

4. Look For Opportunities

ForImprovement

5. DevelopWin-Win

Alternatives

6. Prove That It Works!

Voice Of The Customer


New Models For:• Team Structure• Project Mgt.• Problem Solving• Monitoring• Sustainability• Outcomes/Results

• Mgt. Buy-In• Analyzing Data• Investigating

Causes/Effect• Detecting Defects• Documenting &

Reporting


Team-Based Project Management™ Model

“Need To Be Organized To Save”

Supply Value Analysis Steering Committee

(1)Team Leader(1)Champion

(1)Facilitator, (1)Recorder(10) Project Mgrs.





Value Analysis Coordinator, Mgr.

or Director Clinical Team

Surgical Team

Support Services

Team

ChairpersonTeam Leaders

ChampionsStakeholders

Experts


Balanced Scorecard“What Is Visualized And Measured

Happens”

Category July YTD Annual Goal

Savings $87,253 $296,421 $1.2M

Meeting Attendance

71% 67% 80%

Champion’s Attendance

31% 46% 80%

Cancelled Meetings

1 4 3


7 Benefits Of Value Analysis 2.0

1. Growing Your Profits

2. Cutting Your Costs

3. Improving Your Quality

4. Eliminating All Defects

5. Increasing Your Customer’s Satisfaction

6. Speeding Up Your Savings

7. Making Your Job Easier


Learn More About It!Learn More About It!Learn More About It!Learn More About It!Bob Yokl, Sr., Chief Value StrategistBob Yokl, Sr., Chief Value Strategist

Strategic Value Analysis® In Strategic Value Analysis® In HealthcareHealthcare

800-2204274800-2204274www.strategicvalueanalysis.comwww.strategicvalueanalysis.com

Value Analysis 2.0

Documents

Copyright 2007 Strategic Value Analysis In Healthcare Value Analysis 2.0 New Rules, Systems And Models For Long-Lasting Savings Performance Back To Basics