This month, I want to discuss the importance of courage, leadership, and future thinking in organizations, particularly in the context of advancing specialty healthcare value analysis through cross-functional interprofessional collaboration. Courage is essential for taking risks and making complex decisions, while leadership is crucial for guiding teams toward a common goal. Future thinking involves anticipating trends and planning for long-term success. It is important to establish clear goals, roles, and communication channels among team members from different departments. This practice should encourage open dialogue, knowledge sharing, and mutual respect to leverage the diverse expertise within the organization.
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In the ever-evolving landscape of healthcare, the push for value — achieving the highest quality care at the lowest possible cost — has never been more critical. Healthcare value analysis stands at the forefront of this movement, a discipline that systematically evaluates healthcare services and products to determine their efficacy and worth in terms of patient outcomes and cost-efficiency. However, the true potential of healthcare value analysis can only be unlocked through robust collaboration across various sectors within the healthcare system.
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I am writing this mid-April following Mother Nature’s late April Fool’s joke. In New Hampshire, we just had a classic, late-season Nor’easter, resulting in significant heavy snow and massive power outages. In my home, we were technically ‘off-grid’ for about 48 hours but were not without power. Our large generator powers our heat, water, refrigerators/freezers, and even the internet. My cooktop is gas, and I have been known to make stovetop pizza in my cast iron pan during past power outages; we lose power a lot. We even have a smaller generator in case the larger one fails. As my husband says, “Two is one, and one is none.”
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Happy Spring, AHVAP members. As we put away our heavy coats and watch for the sprouting of spring flowers, it is a reminder of renewal. AHVAP is embarking on an exciting time with increased membership this month and for the year. We continue to grow the education opportunities with the most recent launch of the inaugural cohort of the AHVAP Executive Leaders Fellowship program, a testament to our commitment to professional growth and development. The micro-certifications have been well attended and offer essential, relevant subjects for value analysis professionals. Our strengthening partnership with the healthcare industry partners allows us to collaborate on new levels.
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Lessons Learned from the C-Suite: A Review of the 2024 ACHE Congress Enduring Program Now Available on AHVAP University
The AHVAP April 2024 Webinar Program, Lessons Learned from the C-Suite: A Review of the 2024 ACHE Congress, is now available as an enduring continuing education program on the AHVAP University platform for 24/7 access.
Enduring Program Faculty:
Garry W Kauffman, MPA, RRT, FAARC, FACHE
J. Hudson Garrett Jr., Ph.D., MSN, MPH, MBA, FNP-BC, IP-BC, PLNC, VA-BC, BC-MSLcert™, HACP, HACP-IC, HACP-PE, MSL-BC, CPHRM, CHIPP-B, CIC, LTC-CIP, CPPS, CPHQ, CVAHP™, ICE-CCP, CMRP, CPXP, CDIPC, FACDONA, eFACHDM, FAOM, FAAPM, FNAP, FACHE, FSHEA, FIDSA, FAHVAP
Accreditation Information:
This webinar is accredited for 1.5 hours of continuing nursing education credits by the California Board of Registered Nurses. This webinar is accredited for 1.5 hours of continuing education credit for those individuals holding the Certified Value Analysis Healthcare Professional (CVAHP™) designation. This program is also approved for 1.5 hours of qualified education for FACHE credit with the American College of Healthcare Executives.
Our May webinar program will be May 16 from 1 p.m. ET. Registration will be posted to the AHVAP website this week.
We look forward to seeing you on an upcoming AHVAP educational webinar.
Thank you for being the very best part of AHVAP!
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The Association of Healthcare Value Analysis Professionals (AHVAP) is currently undergoing review for ISO international quality accreditations for our organization. This email serves as the required public notice to our membership that the Association is pursuing these additional accreditations as part of our Five-Year Strategic plan. These additional accreditations are independent validation of our commitment to world-class excellence in every aspect of our business across the enterprise.
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The Association of Healthcare Value Analysis Professionals (AHVAP) has formed a new partnership with the team at Health Data Management, and we couldn't be more excited to share our first article in their publication: Optimizing care: The power of healthcare value analysis.
This new article features AHVAP President, Karen Niven, President-Elect, Anne Marie Orlando, and Executive Director and EVP, Dr. Hudson Garrett.
To read the full-text article: Click Here
This article is part of our ongoing commitment to operational excellence in accordance with AHVAP's Five-Year Strategic Plan. If you are interested in writing an article for Health Data Management, please contact our team, and we will assist you with the publication process. You can reach Team AHVAP via email: info@ahvap.org.
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AHVAP HQ is pleased to announce a new partnership with ID.me. ID.me provides AHVAP members that meet eligibility requirements with access to thousands of discounts across multiple brands. ID.me is a trusted technology partner for multiple government agencies and hundreds of brand retailers, including community affiliation verification. Once you’re verified, you can browse exclusive community discounts for nurses, military members and their families, veterans, teachers, students, nurses, first responders, government employees, and medical professionals. ID.me Shop is the central hub for exploring the latest discounts and deals from 4000+ brands.
These benefits will be available to all AHVAP members starting today. To access these new benefits, select the Additional Member Benefits tab found under the "Member Resources" tab on your member homepage of the AHVAP website. You must be logged into the AHVAP website to access this website tab. ID.me is constantly adding new benefits to your member benefits portal daily.
We hope that you enjoy these new, member's only resources which are included as part of your AHVAP membership.
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We are pleased to present to you the inaugural AHVAP Annual Report. The AHVAP 2023 Annual Report is a comprehensive overview of our achievements and milestones over the past year. This report not only reflects the hard work and dedication of our professional Association but also symbolizes the progress we are making together in advancing the field of healthcare value analysis.
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The AHVAP April 2024 South Zone recording is now available on your AHVAP University portal for your viewing pleasure.
This program awards 0.5 hours of continuing education credit towards the Certified Value Analysis Healthcare Professional (CVAHP) designation.
We look forward to seeing you at the upcoming Zone Meetings. As a reminder, any AHVAP member can attend ANY of our various AHVAP Zone Meetings. We encourage you to attend as many of these educational and networking opportunities as possible.
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Don’t miss out on the exciting membership engagement opportunities for you during the month of May:
AHVAP Zone Meetings:
Professional Edge Book Club:
May 17, 2024 3-4 p.m. ET
The Professional Agile Leader The Leader's Journey Toward Growing Mature Agile Teams and Organizations (The Professional Scrum Series)
REGISTER HERE
May AHVAP Member Resources Office Hours:
May 23, 2024 4-5 p.m. ET
REGISTER HERE
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We are thrilled to announce yet ANOTHER new member benefit for you. This new benefit, Custom Email Signatures, is our latest effort to help highlight your expertise to your peers and colleagues. The AHVAP HQ Team will create a custom email signature just for you that captures your current professional credentials, AHVAP membership classification, and any designations earned from the AHVAP Certification Center. You can easily add your new custom email signature graphic to Microsoft Outlook or your preferred email software.
To request your custom email signature graphic: REQUEST HERE.
Requests will be fulfilled by our team in seven business days. You will receive an email with your custom graphic file to insert into your email signature.
We hope that you enjoy this enhanced AHVAP member benefit.
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We are thrilled to announce that registration for the 2024 AHVAP Annual Conference & Industry Partner Expo is officially open for Industry Partners. Please join us for the 2024 Association of Healthcare Value Analysis Professionals Annual Conference & Industry Partner Expo September 9-12, 2024, in Orlando, Florida.
This conference is the premier gathering of Healthcare Value Analysis Leaders, Professionals, and Industry Partners focused on enhancing the specialty of healthcare value analysis. This year's conference serves as the ultimate platform for value analysis professionals, leaders, and industry partners to collaborate, exchange insights, and drive innovation.
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We are thrilled to announce that registration for the 2024 AHVAP Annual Conference & Industry Partner Expo is officially open for Industry Partners. Please join us for the 2024 Association of Healthcare Value Analysis Professionals Annual Conference & Industry Partner Expo September 9-12, 2024, in Orlando, Florida. Currently, as of 5/1, the exhibit floor is already 80% sold out.
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The AHVAP Certification Center is pleased to announce that registration for our newest Micro-Credential, the Advanced Certificate in Medical Device Safety and Risk Management, is officially open!
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The Association of Healthcare Value Analysis Professionals, Inc. (AHVAP) Certification Center is hosting the February Certification Center Office Hours on May 7 from 4:30-5 p.m. ET.
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Regulatory Focus
While drug shortages worsened due to supply chain issues at the start of the COVID-19 pandemic, they quickly returned to pre-pandemic levels, according to research published on 5 April in JAMA. The study also found that one in seven supply chain issue reports, or 14%, were associated with drug shortages. The objective of the paper was to estimate the proportion of supply chain issue reports associated with drug shortages during the COVID-19 pandemic.
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Health IT Analytics As healthcare organizations pursue improved care delivery and increased operational efficiency, digital transformation remains a key strategy to help achieve these goals. Many health systems’ digital transformation journey involves identifying the value of their data and capitalizing on that value through big data analytics. Of the four types of healthcare data analytics, predictive analytics currently has some of the highest potential for value generation.
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McKinsey & Company
US healthcare leaders are actively pursuing innovative business models, including both vertical integration and pure-play specialization. However, the growth rates of these business models have diverged in the past few years. While no organization focuses on just one of them, business models that emphasize vertical integration have produced the strongest growth, our research finds.
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American Medical Association
Survey results from the AMA demonstrate that the economic harm to practices and patient-care impact of the Change Healthcare cyber-attack sare ongoing. The AMA’s informal survey findings (PDF), released April 10, show the continuing, devastating impact of the Change Healthcare cyberattack, which threatens the viability of physician practices across the country, and, according to respondents, has serious implications for patient care.
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The Associated Press
A poultry facility in Michigan and egg producer in Texas both reported outbreaks of avian flu this week. The latest developments on the virus also include infected dairy cows and the first known instance of a human catching bird flu from a mammal. Although health officials say the risk to the public remains low, there is rising concern, emerging in part from news that the largest producer of fresh eggs in the U.S. reported an outbreak.
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KFF
National health spending totaled $4.5 trillion in 2022—17% of gross domestic product (GDP)—and is projected to grow faster than GDP through 2031, contributing to higher costs for families, employers, states, and the federal government. As policymakers consider a variety of strategies to make health care more affordable, they have been increasingly attentive to consolidation in health care markets—including mergers and acquisitions of health care providers—and the potential effects of consolidation on the cost and quality of care and other outcomes.
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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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