Clinical Quality Value Analysis At the Mayo Clinic

1. Clinical Quality Value AnalysisAt the Mayo Clinic Presented by Terri Nelson, RN MA Value Analysis Manger Jane Torzewski, RN MS Clinical Value Analysis May 2nd 2012

2. Mayo Clinic

3. Value Analysis A systemic approach to Product Management The CQVA work unit • Facilitates the VA process • Manages Product Issues and Recalls • Providing both Operational and Enterprise Support

5. Structure • Mayo Clinic Commodity Committee – (MCCC) Approval Committee for Commodities Clinical Preference Products • Product Review Teams – PRT provide clinical input into the review process, 5 teams Surgical, Medical, Resp/Anesthesia, WOO, General

6. Value Analysis Process 5 Steps in the Process • Initiative • Data • Recommendation/Approval • Implementation • Compliance

7. Value Proposition Quality (outcomes, safety, service) = Value Cost

9. Mayo Clinic CQVA Blue Print Key Signs on the Road Map Culture Process Team Data Organization Approval Formulary Communication Compliance

10. Initiatives • Expired Contracts, Practice, Standard/Regulatory, Goals for Departments • Data • Product usage and spend pulled from inventory management system, Cross references, Questionnaire including Manufactures & Staff input, recalls or product issues • Analysis &  Recommendation • Financials, Non Financials, Validations & Trials, Recommendation

11. Implementation • System numbers, Formulary Flags, Med/Surg Formulary, Communication • Compliance • Product compliance line item details

12. Category Review Initiative Calendar PRT Cross Reference Analysis Product Fairs Product Trials Recommend MCCC approval Conversion Formulary Flag A/C/D Compliance

13. Initiative Calendar

14. Communication - Newsletter

15. Product Formulary

16. Compliance Report

17. Questions ?