Outpatient Surgery Magazine

Special Outpatient Surgery Edition - Cost Justification - January 2017

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

Issue link: http://outpatientsurgery.uberflip.com/i/771111

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Page 39 of 40

4 0 S U P P L E M E N T T O O U T P A T I E N T S U R G E R Y M A G A Z I N E J A N U A R Y 2 0 1 7 How do you ensure purchases for the OR make sense? We've set up a review committee comprised of a multidis- ciplinary group of physicians who look at new technol- ogy. They carefully consider a number of clinical and economic factors. Does it really bring additional value? How much does it cost and what will it take to add it? Is there an adequate substitute product that suffices today? The key element is an ongoing dialogue with physicians about link- ing products to clinical effectiveness, outcomes and safety. That's how we determine better value. What improvements have you made to the process? We've focused a lot on data. Our value-analysis program has contracted with a third-party company, which adds comprehen- siveness to the information we're able to review. When we're considering a product, the company reviews all relevant articles in peer-reviewed journals and summarizes the clinical evidence. We've found that process to be incredibly efficient and helpful to our own product specialists, who bring this clinical insight to our physicians for review. What mistakes do value-analysis committees continually make? They don't drill down deep enough into product data. Take the time and make the effort to really understand a device's attributes and features. Be more critical when considering what you use today, and what additional value the proposed product brings to the table. hink Outside the Box to Pump Up Your Purchasing Power T Thomas Lubotsky, BBA, MHA, FACHE Value-based expert and supply management mastermind

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