An Analysis of Issues and Strategies for Healthcare Value Analysis Teams
Description
The purpose of this research was to identify various problems within value analysis teams as well as provide solutions that will help to better align the agents involved in the value analysis process. As healthcare costs continue to rise, and hospital reimbursements fall, value analysis teams will play an even more pivotal role in the success of healthcare organizations. Also, the industry trend toward value-based care is highlighting the importance of these teams. However, interdisciplinary value analysis teams bring to light the underlying agency issue that exists between physicians and hospital administrators, and the general misalignment of values between the participants. In order for these teams to function properly, it is inherent that all of the professionals involved align their incentives. For this study, I studied relevant literature pertaining to value analysis, attended relevant speakers, and then performed interviews with several different professionals involved in healthcare value analysis. I organized and coded this data using the Grounded Theory approach, and was able to identify the underlying issues within these teams. I then created a typology of value analysis teams, based on my respondents, where I segment them into four tiers based on their utilization of data, and their level of physician involvement. Finally, I identified three distinct strategies for developing value analysis teams to implement in order to increase their efficiency and overall success.
Date Created
The date the item was original created (prior to any relationship with the ASU Digital Repositories.)
2017-05
Agent
- Author (aut): Lindgren, Thomas John
- Thesis director: Schneller, Eugene
- Committee member: Choi, Thomas
- Contributor (ctb): Department of Supply Chain Management
- Contributor (ctb): Department of Economics
- Contributor (ctb): Barrett, The Honors College