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Home / News & IndustryManaged Care Insight and Analysis
Updated: November 18, 2010
ValueConnect Connecting Hospitals To Quality, Safety

ValueConnect offers a value analysis solution to help hospitals effectively evaluate product and treatment options to improve quality and safety while reducing costs, Premier Healthcare Alliance said.

It provides Premier’s 2,300 hospital members the opportunity to standardize an approach to value analysis across the entire alliance, supporting the value analysis process through automated workflow management, tracking and measuring results, peer-to-peer collaboration and knowledge sharing.

"Premier provides the expertise, knowledge, and technology to help us engage the right staff, build a sustainable process, and realize true results," said Dave Bueby, McLaren Healthcare purchasing director.

"Premier’s resources, expertise, technology and evidence-based data help hospitals effectively evaluate products and treatment options and rapidly take advantage of cost savings and quality improvements. Even more importantly, ValueConnect provides the framework to help us function more efficiently as an alliance by allowing Premier hospitals to capitalize on shared knowledge, minimize redundancies and make more informed decisions," added Mike Alkire, Premier’s Purchasing Partners president.

ValueAdvisor is the Web-based application and corner stone of ValueConnect, offering hospitals an automated solution to manage their value analysis processes to realize clinical and financial return-on-investment.

A vital component to the ValueConnect solution is the availability of value analysis experts in Premier Consulting Solutions. As part of the ValueAdvisor implementation, Premier Consulting Solutions conducts an assessment to provide guidance on the cultural and process infrastructure that is critical to success.

"ValueAdvisor transparently connects the supply chain, finance and clinical healthcare staff by providing the means to effectively communicate as a team on product, service and care delivery decisions," said Bill Marquardt, Premiere’s product development and adoption vice president. "It is being developed with real-time member input and a vision for collaboration that includes integration of other Premier applications and the ability to share knowledge between members throughout the alliance."

ValueConnect allows hospitals to collaborate and share knowledge building on the best practices demonstrated from Premier collaborations.

Address: Premier Healthcare AlliancePremier Inc., 2320 Cascade Pointe Blvd., Charlotte, NC 28208; (877) 777-1552,

  This article was taken from:
Pay-for-Performance Reporter

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