Today’s value analysis leaders face tall orders. They need to focus on process improvements, utilize and embrace digital advancements, and provide greater transparency and visibility during new product evaluation and product standardization requests. Having access to the right combination of tools and information can empower them to accomplish these objectives as they work to balance cost, quality, and outcome goals.
Many of ECRI’s value analysis members confirm the need to support and drive greater transparency in their own value analysis programs. Adding greater visibility can make others feel connected and more actively involved and responsible during the decision-making process. It also provides an opportunity to shape a more integrated clinical support system–one that helps drive evidence-based decisions on new products, technology, and capital projects. Finally, greater visibility can break down silos and alleviate communication barriers, most often common when working across multiple, diverse departments.