In healthcare, Value Analysis Professionals play a crucial role in delivering quality care and improving patient outcomes. Value analysis professionals contribute to this by evaluating the cost-effectiveness and clinical outcomes of medical products, services, and processes. We assess the value of different options and help healthcare organizations make informed decisions to optimize patient care while managing costs. Using Value Analysis to embrace change in healthcare is particularly important due to the rapid advancements in medical technology, evolving patient needs, and changing regulatory requirements.
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In the ever-evolving landscape of healthcare, leadership is not just a role — it's a journey of growth, empowerment, and continuous learning. "Stepping into leadership" is about embracing opportunities to lead, regardless of your current position, and committing to ongoing personal and professional development. Professional development is a continuous journey that requires our constant attention.
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I recently read in a leadership article that employees spend most of their work week on productive activities but less than 5% of their time training to be productive. I thought that was such an exciting concept. I immediately reflected on my work and use of Excel.
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As your Treasurer, I am thrilled to share some exciting updates and insights about the recent developments within our association and the impact of our specialty on the broader healthcare sector. AHVAP continues to grow and evolve, driven by our commitment to advancing healthcare value analysis and driving positive change across the healthcare continuum.
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We are thrilled to share the details of yet another exciting innovative program designed to champion your professional development. This program is another addition to our armamentarium of professional development resources and is part of our five-year strategic plan developed by the Board of Directors.
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As we wind down 2023, I am excited to share with you an exciting new Position Statement that is now available for both AHVAP members and the general public: Becoming a Strategic Industry Partner. This newly developed and released document was designed to help define the important role that Industry Partners play in the delivery of healthcare and also differentiate between Industry Partners and Medical Vendors. We recommend that you broadly share this new document with your leadership team to educate them about our specialty. If you are not already board certified in healthcare value analysis, now is the time to seek your CVAHP™ certification or one of the AHVAP Certification Center's new micro-certifications.
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 The AHVAP February 2024 Member Resources Office Hours recording is now available on your AHVAP University portal for your viewing pleasure.
We look forward to seeing you at the upcoming March Office Hours.
Thank you for your continued membership in AHVAP!
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We hope that you can join us on March 22 from 3-4 p.m. ET for our monthly Professional Edge Book Club. This is a one of our many AHVAP member benefits.
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The Association of Healthcare Value Analysis Professionals (AHVAP) March Member Resource Office Hours is scheduled, so make sure you don’t miss out! This is a great opportunity to learn more about all of your AHVAP member benefits and maximize on your investment.
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The Association of Healthcare Value Analysis Professionals, Inc. (AHVAP) is thrilled to introduce our latest professional engagement program as part of our five-year strategic plan: the AHVAP Ambassador Program. This program is designed to help those who meet the program criteria and are appointed increase their professional influence and learn more about volunteer service within AHVAP. The program is open to all AHVAP members, regardless of membership type.
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We are pleased to announce that the proposed changes to the AHVAP bylaws have been officially approved by the AHVAP membership and are now in effect as of February 21, 2024. This marks a significant milestone in our continuous effort to adapt and thrive in the ever-evolving landscape of healthcare value analysis. As part of AHVAP’s Five Year Strategic Plan, the Board of Directors and our Executive Team identified key areas necessary to strengthen our Association and ensure strategic readiness for the future challenges of healthcare.
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Preparing for a board certification exam can be a daunting process, and we understand that! As such, AHVAP is excited to announce the availability of a new enduring online educational program, our new Signature Certified Value Analysis Healthcare Professional (CVAHP™) Board Certification Review Course. This new educational product of AHVAP is available 24/7 on AHVAP University for subscribers and is a key resource in preparing for the rigorous CVAHP™ board certification.
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The AHVAP Certification Center is excited to release a new tool for those healthcare value analysis professionals and leaders that are interesting in sitting for the Certified Value Analysis Healthcare Professional (CVAHP™) Board Certification. If you are interested in determining your eligibility for the certification exam, look no further than our new interactive, online tool. This tool will assist you with reviewing all of our exam eligibility requirements. The exam is open to both healthcare professionals and industry partners that meet all eligibility requirements.
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We are excited to announce that registration is now open for two prestigious micro-credentialing programs offered by the AHVAP Certification Center: The Infection Control Specialist and the Medical Device Safety programs. These credentialing programs are designed to equip healthcare professionals with specialized knowledge and skills to enhance patient safety and optimize value analysis practices in healthcare settings.
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The Association of Healthcare Value Analysis Professionals (AHVAP) Certification Center is pleased to announce a new benefit available for those that hold any of our professional credentials or designations. This includes those with a current AHVAP Certification Center micro-credential or our flagship CVAHP™ designation.
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The Association of Healthcare Value Analysis Professionals, Inc. (AHVAP) Certification Center is hosting the February Certification Center Office Hours on March 13 from 4-5 p.m. ET.
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Freight Waves
In 2020, hospitals around the world faced a shortage of N95 face masks and other medical essentials, adding to the chaos surrounding COVID-19. Two years later, the same hospitals confronted the opposite problem, as a surplus of supplies overwhelmed the system. These issues ignited the demand for health care supply chain solutions, triggering a wave of M&A.
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Supply Chain Brain
The healthcare industry's digital transformation will have a profound impact on the supply chain in 2024. Adoption of modern technologies, such as cloud computing, will lead to increased automation and efficiency. This will result in improvements in workforce management and a more resilient supply chain, with a focus on accuracy and waste reduction.
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The Associated Press
Alabama’s largest hospital paused in vitro fertilization treatments Wednesday as providers and patients across the state scrambled to assess the impact of a court ruling that said frozen embryos are the legal equivalent of children. The University of Alabama at Birmingham health system said in a statement that it must evaluate whether its patients or doctors could face criminal charges or punitive damages for undergoing IVF treatments.
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Supply Chain Brain
The amount of money that hospitals waste on avoidable supply chain spending is staggering. Supply chains account for an estimated 25% of the cost of pharmaceuticals, and 40% of medical device budgets. And the money isn’t well spent: nearly a quarter of that amount is considered waste, to the tune of around $25.4 billion a year. The average hospital overspends on supply chain costs by around $12.1 million per year.
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The New York Times
The Federal Trade Commission and the Department of Health and Human Services said on Wednesday that they would examine the causes of generic drug shortages and the practices of “powerful middlemen” that are involved in the supply chain. The federal agencies’ inquiry is aimed at the group purchasing organizations and drug distributors that have been in the spotlight in recent months as drug shortages reached a 10-year peak.
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Reuters
Americans are catching up on healthcare missed during the COVID-19 pandemic, a trend driven by heart procedures and outpatient orthopedic surgeries that likely won't soon slow, according to interviews with three hospital officials in major U.S. cities, but other factors may also be at play. U.S. health insurers have warned of high demand for medical services based on late 2023 usage, but have offered few details on the trend or how long it may continue driving up costs.
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Please make sure that you update your contact information on the AHVAP website so that we can stay in touch. Here is our contact information so that you can always reach the most appropriate team member to assist you:
Mailing Address:
2870 Peachtree Rd NW #915-7500
Atlanta, GA 30305
AHVAP Headquarters Phone Number:
(888) 400-6844
AHVAP Help Desk Email to assist with membership, clinical education, annual conference,
and all other AHVAP member benefits:
info@ahvap.org
AHVAP Certification Help Desk to assist with all questions regarding CVAHP™ certification
and recertification:
certification@ahvap.org
AHVAP Executive Director, Dr. Hudson Garrett Jr.:
hudson.garrett@ahvap.org
Thank you for your continued membership in the premier healthcare value analysis association!
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