Ready or not, Value Based Purchasing is the new reality in healthcare. The shift from volume-based to value-based reimbursement is creating ripples that impact all aspects of healthcare delivery. Among the myriad of clinical, operational and financial processes that are currently undergoing intense scrutiny, perhaps the one area that will play the most important role in this transition is Value Analysis (VA). Value Analysis Committees have been in existence for decades. However, the next evolution of this committee will continue to be built on the realization that healthcare can no longer afford to blindly react to physician preference. Read more...
