The power of value analysis

Value analysis empowers health systems to make strategic, evidence-based decisions to optimize patient outcomes and reduce costs. Host LaTammy Marks and guest Nicole Schmidt talk about the power of value analysis in healthcare. Nicole shares how her team built a structured process that emphasizes stakeholder engagement, data integration, and continuous improvement at the University of Kansas Health System.

 

Guest speaker:
Nicole Schmidt 
System Assistant Director
The University of Kansas Health System

Host:
LaTammy Marks, MBA, BSN, RN
Senior PI Program Director, Performance Improvement Programs
Vizient

 

Links | Resources:
Contacting Knowledge on the Go: picollaboratives@vizientinc.com

 

Show notes: 
[ 00:44 – 01:26] Why value analysis has been top-of-mind for The University of Kansas Health System
[01:27 – 02:20] Why it’s important for The University of Kansas Health System to participate in Vizient Value Analysis Benchmarking Survey
[02:21 – 03:57] Gaining buy-in from leadership when initially implementing your Value Analysis program?
[03:58 – 06:09] How The University of Kansas Health System goes beyond price and manage and analyze data to support value analysis decisions
[06:10 – 07:37] Lessons Learned in The University of Kansas Health System Value Analysis Program
[07:38 – 10:24] Notable achievements related to The University of Kansas Health System’s Value Analysis Program
[10:25 – 11:52] Number one thing Nicole would share with organizations on how they can get started on focusing on value analysis more
[11:53 – 13:10] What is next for The University of Kansas Health System Value Analysis Program

 

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