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Value Analysis
Delivering the Best Quality of Care, with the Best Patient Outcomes at the Best Value
Keys to Success, Obstacles, & the Most Efficient Strategies for Value Analysis
Benefits with RDA
  • Access SMEs with specialty expertise
  • Decrease non-labor expense by 10%-20%
  • Establish a sustainable process for long term success
RDA's Value Analysis Support

RDA provides experienced Subject Matter Experts across all non-labor spend categories (supplies, purchased services, pharmacy, IT, etc.) RDA works with clients to provide specific expertise for specific initiatives or overall value analysis transformation. RDA advances Value Analysis initiatives by expediting results and enhancing the process and overall structure for sustainable results and on-going ROI. 

Value Analysis Transformation Mission 
Every transformation begins with a good mission, and in the case of the Value Analysis it is all about the patient. Healthcare organizations want to strive to deliver the best quality of care, the best patient outcomes at the best value. Going about this is a collaborated and facilitated process that involves clinicians, supply chain team members, and finance partners to provide data to enable informed decisions. Beyond a good team, good internal champions are also enlisted. The initiative must be grounded by executive support and rooted in the organization's mission — all towards aggressive timelines to include engagement, action and ultimately — accountability. 
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Non-labor expenses account for almost half of a health care system's total expenses. Driving to the lowest cost will not generate the optimal patient experience. 
Aligning Revenue with Outcomes, Quality and Cost (CQOR), coupled with Access to Data and Cost Transparency is the key!
Where The Organization May Be
  • Reactive approach
  • Undefined accountability
  • Poor data integrity
  • Variable structure
  • Ambiguous targets
Where It Is Going
  • Proactive approach
  • Executive commitment
  • Physician partnership
  • Structured decision-making
  • Stakeholder driven activity
  • Data based targets
  • Increased support resources
  • Full cycle supply chain service focus
Check out our presentation below on obstacles and keys to success with Value Analysis: 
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Value Analysis = Value Based Care Methodology
Take our complimentary survey to see how your health system compares to others and understand how to improve your processes, policies, and use of technology.
Contact RDA to expedite and achieve your Value Analysis Goals
email or fill out the form below:
Ready for Results?
Contact us for a customized review of your supply chain expense reduction potential and a demonstration of our performance improvement services and technology.

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