Vizient Value Analysis Fundamentals Course

June 8, 2021 to June 17, 2021

Attendee will have exposure to a proven model to implement and manage a Value Analysis program and engage in hands-on learning activities.  They will receive valuable tools and techniques that they can apply within their own organization to better manage costs while maintaining a focus on quality care delivery.

Target Audience

Nurse

Learning Objectives

June 08, 2021 – ANCC (Nurse) 2.25 contact hours – CBRN (California Nurse) 2.70 contact hours

1.    Identify the 4 Domains of performance in Clinical Supply Integration (CSI)
2.    Explain the 4 Domains of CSI: Engagement, Insight, knowledge, and Process and their application
3.    Define Value Based Care (VBC) and the impact on the future of healthcare
4.    Identify the importance of CSI and VBC and their incorporation into Value Analysis 
5.    Define the core definition of the value analysis process and its history
6.    Identify organizational complexities in order to sustain a successful value analysis program 
7.    Examine the fundamentals and dynamics of value analysis to drive short term gain and long-term benefit
8.    Identify key stakeholders for involvement and participation
9.    Relate key terms and vocabulary to communicate a standardized value analysis approach
10.    Illustrate a leading practice assessment of our facility’s environment to gain stakeholder support and participation
11.    Define the scope of your value analysis program
12.    Demonstrate the steps of a well-defined process that applies the governance structure to support the process
13.    Design a value analysis model that integrates your corporate vision and addresses organizational complexities
14.    Prepare a value analysis charter for oversight and standard business conduct
15.    Define the standards of business conduct

June 10, 2021 – ANCC (Nurse) 3.00 contact hours – CBRN (California Nurse) 3.60 contact hours 

16.    Recognize leading practices in value analysis program processes
17.    Identify value analysis program steps that will best align with your organization
18.    Develop a process model that can be applied to your organization and value analysis program
19.    State how Framework components lend to the maturity model.
20.    Develop a process model that can be applied to your organization and value analysis program
21.    Design effective Value Analysis new product request forms to collect desired information for decision making
22.    Utilize our New Product Request Form and Clinical Product Evaluation Form based on leading practices
23.    Outline the steps towards building your work plan, assessing risk and prioritizing initiatives
24.    Determine source of financial baseline data and preferred data set
25.    Define the difference between annual and fiscal impacts
26.    Point out value analysis goals with expected financial and operational outcomes
27.    Identify potential strategies for implementing value analysis initiatives

June 15, 2021 – ANCC (Nurse) 3.00 contact hours – CBRN (California Nurse) 3.60 contact hours 

28.    Design effective Value Analysis forms to collect desired information for decision making
29.    Give examples how to improve our New Product Request Form and Clinical Product Evaluation Form based on leading practices
30.    Develop a process model that can be applied to your organization and value analysis program
31.    Apply Lean tools to improve supply chain and value analysis processes
32.    Identify the waste found in value analysis processes
33.    Analyze a process map and determine where waste exists
34.    Apply A3 problem solving to value analysis and supply chain
35.    Use the problem analysis and solution steps of A3 problem solving
36.    Demonstrate how to coach others to use the A3 problem solving method
37.    Identify the different types of data that are needed to drive decisions in their facilities
38.    Identify the appropriate person that should be interpreting different types of data
39.    Describe the different types of data that should be included in a project
40.    Outline how to integrate financial, clinical and operational data across the system of care
41.    Point out the need to articulate a compelling story through data 
42.    Identify and apply clinical literature and studies to make evidence based informed decision
43.    Measure success and sustain your Value Analysis Process
44.    Create a standard for reporting key metrics
45.    Recite the principles of effective project management
46.    Demonstrate formal project management tools to achieve project goals
47.    Identify the steps of executing a value analysis initiative
48.    Paraphrase different approaches to value analysis project planning
49.    Develop a value analysis implementation plan
50.    Apply Lean tools to improve supply chain and value analysis processes
51.    Identify the waste found in value analysis processes
52.    Analyze a process map and determine where waste exists
53.    Apply A3 problem solving to value analysis and supply chain
54.    Use the problem analysis and solution steps of A3 problem solving
55.    Demonstrate how to coach others to use the A3 problem solving method
56.    Develop a process model that can be applied to your organization and value analysis program

June 17, 2021 – ANCC (Nurse) 3.00 contact hours – CBRN (California Nurse) 3.60 contact hours 

57.    Apply A3 problem solving to value analysis and supply chain
58.    Quote the value analysis program mission, vision, and charter
59.    Recognize a communications plan that will interest and educate value analysis team members
60.    Create branded materials to support the value analysis team structure
61.    Present and inform and engage the staff and C-suite using media tools
62.    Develop a communication plan for individual initiatives
63.    Recognize how to avoid common pitfalls in managing day-to-day value analysis operations
64.    Differentiate proven methods for building stakeholder engagement and credibility leading your value analysis process to achieve organizational success
65.    Create a sense of urgency around needed changes for value analysis and supply chain
66.    Create a compelling vision of the future that helps people focus on the benefits of change
67.    Develop communication plans and key messages that generate ‘buy-in’ to your change vision
68.    Develop strategies for developing a new culture based upon new ways of doing things
69.    Show others how to take the Lead in promoting a change-ready organization
70.    Review the overall course objectives and Identify areas for further education/clarification.
 

Additional Information

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Course summary
Available credit: 
  • 11.25 ANCC
  • 13.50 CBRN
  • 11.25 General CEU – Attendance
Course opens: 
02/10/2021
Course expires: 
07/23/2021
Event starts: 
06/08/2021 - 11:45am
Event ends: 
06/17/2021 - 3:00pm
Cost:
$0.00
Live via webinar
United States

Relevant financial relationships: None of the planning committee or presenters have anything to disclose.


Planning committee members
Nancy Masaschi, MBA
Associate Principal, Clinical Consulting
Vizient

Sue Hogan, RN
Consulting Director
Vizient

Kristi Biltz, BS, LPN, CMRP
Consulting Director
Vizient

Deborah Roy, BSN, RN, CMRP
Principal
Vizient

Molly Zmuda, MHA
Sr. Director, Networks
Vizient

Natalie Webb, MHA, RN, CPHQ
Program Manager, Accreditation
Vizient

Course reviewer
Natalie Webb, MHA, RN, CPHQ
Program Manager, Accreditation
Vizient approved nurse planner
Vizient

Presenter pool:
Nancy Masaschi, MBA
Associate Principal, Clinical Consulting
Vizient

Sue Hogan, RN
Consulting Director
Vizient

Kristi Biltz, BS, LPN, CMRP
Consulting Director
Vizient

Joint Accreditation Statement:

In support of improving patient care, Vizient, Inc. is jointly accredited by the Accreditation Council for Continuing Medical Education (ACCME), the Accreditation Council for Pharmacy Education (ACPE), and the American Nurses Credentialing Center (ANCC) to provide continuing education for the healthcare team.
 

Designation Statements:

NURSING
June 8, 2020
This activity is designated for 2.25 contact hours

Vizient, Inc. is approved by the California Board of Registered Nursing, Provider Number CEP12580, for 2.70 contact hours.

NURSING
June 10, 15, 17, 2021
These activities are designated for 3.00 contact hours each.

Vizient, Inc. is approved by the California Board of Registered Nursing, Provider Number CEP12580, for 3.60 contact hours each.

CEU
Vizient, Inc. will award CEUs to each participant who successfully completes this program. The CEU is a nationally recognized unit of measure for continuing education and training programs that meet certain criteria (1 contact hour = 0.1 CEU).
 

Available Credit

  • 11.25 ANCC
  • 13.50 CBRN
  • 11.25 General CEU – Attendance

Price

Cost:
$0.00
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