In the healthcare industry today, there is an increasing awareness of the need for supply cost reduction through focused value analysis. This has steadily come along as a result of the all too familiar presence of strained revenues, shrinking budgets and the seemingly endless rising costs in labor, non-labor and new technologies. Unfortunately, for the Value Analysis structure within hospitals, there are few (if any) software options to support the Value Analysis teams to manage, document and communicate their efforts. In some cases, patchwork systems are put together to facilitate various aspects of the process (on-line new product request forms, initiative listings on the web etc...). However, these stop-gap measures only provide limited functionality.
Finally, The Office of Value Analysis (OVA) is proud to offer a high quality Value Analysis Management Software to help meet the needs of hospital Value Analysis efforts.
Clinical Value Analysis: The scope of the Clinical Value Analysis Team has broadened over the past ten years. Clinical Value Analysis Teams are now expected to do more with less. The days of the traditional product analysis are gone and CVATs are now additionally expected to analyze and perform due diligence in the forms of; Procedure Analysis, Patient Care and Quality Analysis, Clinical Trials etc... The Office of Value Analysis™ solution is a Value Analysis Management Software approach designed around the unique Value Analysis decision process.