DATA IS THE NEW OIL
RDA’s data research is on the leading edge of the emerging field of Infonomics in healthcare. Utilizing information as an economic tool, RDA locates, retrieves, constructs, manages and leverages a client’s financial and supply chain data as a formal business asset to drive operating cost savings while supporting physicians and clinicians in the decision-making process.
RDA’s research and technology tools enable us to unlock a client’s data and provide access to valuable actionable information. RDA specializes in data-mining fragmented and disparate data systems across an organization to construct procedure-based data that allows a client to finally have constructive and meaningful conversations with its physicians and clinicians regarding opportunities that yield operational savings while maintaining quality outcomes.
ENHANCED VALUE ANALYSIS PROGRAM
RDA deploys its Enhanced Value Analysis Program to design and lead highly effective Value Analysis Team structures and processes for clients that build the bridges of communication among physicians, clinicians, departmental leaders and the C-suite. Working together, these teams deliver effective, meaningful and sustainable operating cost savings, without compromising quality of care.
Our PPI Vision Technology Solutions utilize clinical product research that is validated with physicians and clinicians in supporting our Enhanced Value Analysis Program in order to cross-reference and identify clinically and functionally equivalent medical devices and implants.
This information is valuable in identifying opportunities for achieving substantial cost savings during the value analysis processes for Physician Preference Items (PPI) without having to ask physicians to consider changing products they use.
RDA’s PPI Vision Technology Solutions platform leverages years of clinical research and allows a client to see such things as:
Where a hospital is paying different prices to the same supplier for items that are clinically and functionally equivalent;
Where a hospital is paying different prices to different suppliers for items that are clinically and functionally equivalent; and
How a hospital’s current pricing compares to other hospitals across the nation.
Armed with this actionable intelligence, RDA resources has achieved great success in assisting organizations in negotiating substantial PPI savings while preserving physicians freedom of choice.