March 13, 2024- Value analysis is a critical piece of the healthcare puzzle and crucial to building partnerships between IDNs and suppliers. At IDN Insights West, sponsored by Allergan Aesthetics, Dee Donatelli, Lead Spend Management at symplr, hosted a panel that included:
Cheryl Anderson Smith, BSN, RN, MBA, DNP, System Director, Value Analysis at Steward Health Care
Dr. Jimmy Chung, MD, CMO at Advantus Health Partners
The two supply chain leaders discussed what value analysis looks like in their organizations and what they are looking for in partnerships.
Dee Donatelli: Please tell us about your value analysis program and how you feel it’s creating a more clinically integrated approach.
Cheryl Smith Anderson: We define it as an integrated analytical approach to evaluating medical products and services for the medical and surgical area. We do it from the perspective of looking at what the patient care outcomes are, patient quality, patient care, and then the last one being cost effectiveness. That’s really critical to us.
Read More in the latest issue of JHC.