In the past, hospital physicians would order an interesting new medical device or surgical instrument without carefully considering the cost. That mindset is changing in a new era of health care, according to value analysis professionals.
As hospital value analysis develops to meet the needs of a changing health care system, value analysis professionals must review what initiatives have been successful, such as measures to improve communication with physicians, as well as identify areas...
“Value analysis,” like health care itself, is once again changing, said Raymond J. Seigfried, a visiting instructor of health care administration and policy at the Arcadia University School of Global Business, in Glenside, Pennsylvania.
Bruce Ramshaw, MD, FACS, Professor and Chair of the Department of Surgery at the University of Tennessee Medical Center, in Knoxville, Tennessee, understands the importance of standardization to manage an increasingly complex health system environment.