Wayne Memorial Health System Is Reinventing Its Supply Chain System With The Help Of The Value Analysis Company™

by Anonymous

Skippack, PA August 25, 2004 -- The Wayne Memorial Health System in Homesdale, Pennsylvania is partnering with The HCP Group, Ltd. (The Value Analysis Company™) to reinvent its supply/value chain system. David Hoff the CEO of Wayne Memorial Health System, has had as his goal this year to focus his health system energies on WMHS's supply chain cost, so he could know with certainty that his supply/value chain costs were at the lowest level possible.

With this goal in mind, Mr. Hoff retained HCP to identify opportunities in his system's supply/value chain which, after a comprehensive assessment by HCP, was estimated to be $1.2 million dollars annually. Mr. Hoff then retained HCP to install its Strategic Value Analysis™ Program/System to manage and control WMHS's supply/value chain cost --- evermore.

"HCP's definition of Strategic Value Analysis™ (the next generation value analysis model) is that it is a customer driven, function-oriented, systematic team approach for providing, designing and investigating the right functional requirements for the millions of dollars of products, services and technologies that a healthcare organization purchases annually," says Robert T. Yokl, the President of The HCP Group, Ltd. "By following the tenets of Strategic Value Analysis™ ,a healthcare organization can save 6% to 9% more than they were saving on their supply chain expenses – and hold those gains going for-ward."

The HCP Group, Ltd, (The Value Analysis Company™) headquartered in Skippack, Pennsylvania, was founded in 1987 to advance healthcare organizations to the next gen-eration of supply chain savings™ with its value-based solutions and technology.

Over the last few years, HCP has generated supply chain savings of over $212 MIL-LION DOLLARS for 102 hospitals, healthcare systems and integrated delivery net-works with their value analysis solutions. HCP is also a strategic partner with AmeriNet and Quorum Healthcare Resources, whose organizations have embraced the philosophy, principles and practices of Strategic Value Analysis™ as a value-added offering for their members.

Strategic Value Analysis™, The Value Analysis Company™ and Savings Beyond Price™ are trademarks of The HCP Group, Ltd., Skippack, Pa.

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