Listen to successes and challenges surrounding Value Analysis best practices
In this episode, we talk with HealthTrust Clinical Resource Director Erin Arnold, and System Director of Value Analysis at Steward Health Care, Cheryl Smith Anderson. This is a conversation about contract compliance, patient outcomes, and clinical integration surrounding Value Analysis. Erin and Cheryl are innovators who not only discuss successes, but also challenges they faced when developing their best practices.
2:00 – Partnership with Erin Arnold, HealthTrust embedded employee
2:57 – Evolution of Value Analysis Program at Steward Healthcare
9:07 – Building relationships with Materials Directors
10:40 – Clinicians on contracting team
12:15 – HealthTrust Advisory Councils
16:03 – Networking across organizations
20:58 – Sharing costs and product category information with VATs
22:46 – Learning from Opportunities – Communication & Data
25:40 – Tools for tracking projects
27:37 – Vision for 2021
29:46 – Advice on expanding a Value Analysis program
32:00 – Importance of networking
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Erin Arnold MSN, RN, CNOR is currently a Healthtrust Clinical Resource Director embedded in Steward Health Care Corporate Supply Chain. She oversees the Surgical Value Analysis Program at Steward. Erin is an OR nurse by training and has a breadth of experience in multiple service lines and in education and leadership. Erin has been in a clinical supply chain role for the over 6 years, previously at Scripps Health before relocating to the Dallas/Ft. Worth area. In 2018, she and team were the recipients of the HT Clinical Excellence Award for their partnership with clinicians and surgeons in the clinical integration of supply chain. Erin is a member of the Mercy Outreach Surgical Team (MOST) which provides surgical care through missions in Mexico.
Cheryl Smith Anderson, BSN, RN, MBA, and DNP has been in health care industry care for over 35 years. She worked for Vizient/MedAssets GPO as a Value Analysis Senior Consulting Director for 10 years before coming to Steward Health Care. She received her DNP at Vanderbilt University in 2018 and has served in multiple nursing and health care management positions. Some of the companies/hospitals she has worked for include: Broadlane, Siemens, VHA, Maxicare, St. Paul Medical Center, and Vanderbilt University Hospital.