Search

How to Build a Multidisciplinary Value Analysis Team

Selecting, reviewing, and implementing new medical technologies and consumables affects multiple hospital departments. Multidisciplinary teams consistently outperform single-department groups because diverse perspectives lead to more thorough evaluations, reduce supply chain silos, and lower risk.

Flagship value analysis programs make decisions in a committee including cross-functional stakeholders. Stakeholders may include the following:

1. Clinical Leaders

Drive clinical integration by providing ongoing input on product attributes, evaluation criteria, and frontline guidance.

2. Supply Chain/Sourcing Managers

Review existing contracts to avoid duplication, determine financial impact of new products, and ensure contract compliance.

3. Value Analysis Leaders and Managers

Manage the value analysis program, educate stakeholders, and collaborate 3 with physicians and other key stakeholders on product reviews.

4. Finance Leaders

Strategic oversight to ensure new product decisions align with financial goals, cost-containment strategies, and ROI expectations.

Get more details in the Value Analysis Toolkit

Read on

Request a demo