When making product and technology purchasing decisions in hospitals, there are times when the user of the devices (the physician/clinician) is not involved in the decision making process. This scarcity of involvement creates a lack of standardization of products and can lead to increased operational costs. To help solve this problem, hospitals can implement clinician-driven sourcing. Clinician-driven sourcing increases the collaboration between clinicians and the supply chain staff during the procurement process. Involving clinicians in the procurement process increases the quality of patient ..read more

NASHVILLE, TN and HOUSTON, TX – March 10, 2022 – symplr®, the leader in enterprise healthcare operations, backed by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and Charlesbank Capital Partners (together with its affiliates, “Charlesbank”), today announced that it has entered into an agreement to purchase GreenLight Medical, Inc. (“GreenLight Medical”), a provider of healthcare supply chain management software.    “GreenLight Medical is a natural complement to our healthcare operations portfolio. The combination of symplr’s Spend Management offering ..read more

Questions From Your Peers Hundreds of supply chain, clinical, and MedTech professionals joined our panel of experts to discuss the latest trends in the healthcare supply chain and value analysis issues across all relevant stakeholders.  We wanted to share a round-up of many of the commonly asked questions during the webinar to give you insights into how your peers are thinking about the challenges facing them.  *** Some of the questions have been edited for clarity, conciseness, and anonymity. *** Q: Does every hospital have a Value Analysis Committee? Other than physicians, who ..read more

While value analysis teams work closely with a diverse group of clinical and non-clinical stakeholders, engaging physicians in the new product selection and management process can be one of the most challenging pain points they experience. Yet, while increasing physician engagement can be difficult, it is crucial to achieving a clinically integrated supply chain and developing a mature value analysis infrastructure.  The role of physician engagement has been top-of-mind for value analysis teams as recent sourcing crises have accelerated the need for cross-functional collaboration. However ..read more

For health systems across the country, the maturity of their value analysis programs are top-of-mind as the need for evidence-based product review accelerates amidst pandemic and reimbursement-related challenges.    As value analysis becomes more critical to achieving cost savings and serves as a bridge between patient care and supply chain, more and more hospitals are turning to create robust programs and optimize their processes.   In partnership with RDA, GreenLight Medical decided to benchmark how hospitals approach value analysis, both to enable hospitals to assess their ma ..read more

AHVAP 2021 Annual Conference is the premier event for value analysis professionals for objective and clinical education, resources, and networking. After a period of virtual industry conferences, AHVAP’s Annual Conference will be taking place in person on October 27th-29th in Scottsdale, Arizona and our team is excited to be there to discuss digital transformation within value analysis.    During a time of sustained ambiguity and industry fatigue surrounding COVID-19, AHVAP provides a unique opportunity to share best practices and learn from clinical and value analysis leaders about ..read more

With the onset of COVID-19 last year, a massive transition to virtual operations was experienced in companies around the world. Online customer interactions jumped to 58%, up 22% from pre-pandemic numbers. Not excluded from this trend is the medical device industry, a field historically rooted in in-person product sales, training, and support. Almost overnight, hospitals closed their doors to reps; MedTech representatives, accustomed to face-to-face meetings with physicians, were forced to quickly adapt to the virtualization of hospital interactions.   The digital transition was not easy ..read more

  Over the past year and a half, the pandemic’s disruption on the healthcare supply chain has only heightened the need for data based decision-making within the healthcare ecosystem. While healthcare leaders used data to understand the clinical nature of the novel virus, data was also the backbone of the supply chain to inform decision-making like never before.  With lives at stake, the need for accurate, comprehensive data was highlighted, not as a fleeting trend, but as a vital part of the future of healthcare, where achieving a clinically integrated supply chain is paramount.  ..read more

Happy Value Analysis Week to value analysis and healthcare supply chain professionals!  There has never been a better year to celebrate the individuals within Value Analysis following one of the most tumultuous years supply chain has ever experienced. Despite working under no shortage of challenges, our Value Analysis partners have provided superior value to their health systems, emphasizing their critical role in the healthcare ecosystem.  For health systems across the country, the process and role of Value Analysis earned a new level of respect as their value was experienced throug ..read more

New Product Research Library and Clinical Evidence Research Modules Serve Core Health Systems NASHVILLE, TENN. (PRWEB) JUNE 23, 2021 GreenLight Medical, a cloud-based software platform that accelerates healthcare provider decision-making, today announces two new product module additions to its platform for hospitals, ASCs, and physicians. These new capabilities strengthen GreenLight Medical’s position as the leading healthcare technology company serving core health systems. With these additions, all of GreenLight Medical’s hospital and ASC partners will have access to two new modules in the ..read more