Of the 70% of hospitals that report having a formal value analysis program, only 1 in 10 is practicing real value analysis. The remaining 90% are performing product reviews and very likely missing 5%–15% of non-salary and supply cost reductions.
To ensure that our members achieve optimal cost savings, Acurity promotes a physician-led approach. This model is most ideally suited for facilitating effective physician engagement and the integration of the value-driven decision-making that is essential to the nation’s evolving healthcare delivery model. When done correctly, value analysis can foster a culture of collaboration between different hospital departments, maintain or improve patient outcomes, and reduce total costs.
Acurity’s experts can evaluate if your organization and Supply Chain Department are equipped to support true value analysis. We can provide recommendations as well as implementation and management support.
Defining Value Analysis
A physician-led, hospital-wide, evidence-based process in which key stakeholders—both clinical and administrative—collaborate to establish, prioritize, and monitor initiatives that reduce costs while maintaining or improving quality and outcomes.
Meet Our Experts
Kristin A. Boehm, MD
Dr. Kristin Boehm is a Physician Advisor who leads value analysis programs at multiple client sites. Dr. Boehm facilitates physician engagement and the integration of value-driven decision-making in new models of healthcare delivery systems. She has been a key player in launching successful value analysis programs at several regional hospitals as well as championing the process for organizations that are interested in change management strategies. In her capacity as an industry expert, Dr. Boehm gave a presentation at the AHRMM14 national meeting on the elements of cost, quality, and outcomes as seen from the perspective of a practicing surgeon.
A member of an Atlanta-based private practice, Dr. Boehm is certified by the American Board of Plastic Surgery and the American Board of Surgery. She is a member of the American Society of Plastic Surgeons, the Southeastern Society of Plastic and Reconstructive Surgeons, and the American College of Surgeons. Dr. Boehm serves on the Emerging Trends Committee of the American Society of Plastic Surgeons as well as the Innovative Procedure Committee of the American Society of Aesthetic Plastic Surgeons, both of which examine new technologies.
Sandra Monacelli, BSN, RN, CNOR
Sandra Monacelli leads system-wide value analysis and perioperative improvement processes at healthcare organizations, reducing clinical supply chain spend by employing cost of care, quality, and clinical outcomes data to identify opportunities. Her past roles include responsibility for the strategic direction and management of perioperative services in a top-tier medical teaching institution, with hands-on nurse leadership (cardiac rhythm disease management and orthopedics). Over the course of her career, she has created and implemented high-functioning perioperative cultures in a variety of demanding OR suite settings.