ECRI Institute Launches Evidence-based Workflow for Supply Chain and Value Analysis Professionals
ValuVu™ streamlines product evaluation and reduces costs for medical supplies and capital equipment
July 18, 2017
PLYMOUTH MEETING, PA—ECRI Institute announces the release of ValuVu™, the latest addition to its proven suite of data-driven technology solutions. ValuVu, a product evaluation workflow application, is the first to fully integrate ECRI Institute’s clinical evidence analysis, safety, and pricing data into a transparent, easy-to-use platform. The innovative system has the flexibility and functionality to improve decision making for healthcare supply chain, hospital value analysis, capital budget, and other medical technology and clinical teams.
"Our new ValuVu software will save hospitals time and money by simplifying and automating what is typically a labor-intensive and time-consuming effort," says Jennifer Myers, ECRI Institute’s vice president of SELECT health technology services.
ValuVu is designed to help clinicians, value analysis coordinators, and supply chain leaders manage multiple projects faster, make more informed product decisions, and improve patient outcomes.
“More than just an automated workflow, ValuVu places trusted, unbiased evidence analysis and guidance from The Evidence Bar™ at a hospital’s fingertips to inform decisions and improve patient outcomes,” says Diane Robertson, director, Health Technology Assessment, ECRI Institute.
The tool integrates ECRI Institute’s proprietary research, including:
- Clinical evidence and outcomes on medical products and technologies
- Accurate, reliable price benchmarks on supplies and capital equipment
- Third-party coverage information
- Unbiased functionally equivalent supply alternatives
The new workflow software captures all external and internal documentation related to a product evaluation or other project in one shared platform that key stakeholders can access anytime from anywhere. They can vet products, run trials, vote, and document results before making an important product decision.
Complementing the new workflow software is ECRI Institute's new capital budget consulting service with unbiased experts who provide independent reviews of a hospital's budget and provide onsite decision support.
ValuVu expands ECRI Institute's proven suite of technology decision-making tools and personalized services that help hospital leaders achieve immediate cost savings without compromising patient care. Healthcare organizations worldwide rely on ECRI Institute's nearly 50 years of experience delivering strategic, evidence-based technology management guidance from selection and purchasing to maintenance and replacement.
ECRI Institute will officially debut ValuVu at the AHRMM17 Conference and Exhibition in Washington, DC, July 23-26, 2017.
To learn more about ValuVu, visit www.ecri.org/ValuVu. To request pricing or a demonstration, please contact ECRI Institute by telephone at (610) 825-6000, ext. 5282; by e-mail at email@example.com or by mail at 5200 Butler Pike, Plymouth Meeting, PA 19462.
- New ValuVu workflow from @ECRI_Institute streamlines supply chain, value analysis, and other hospital product decision processes
- ECRI Institute's new ValuVu software combines evidence and efficiency in one streamlined workflow solution
About ECRI Institute
ECRI Institute (www.ecri.org), a nonprofit organization, dedicates itself to bringing the discipline of applied scientific research to healthcare to discover which medical procedures, devices, drugs, and processes enable improved patient care. As pioneers in this science for 50 years, ECRI Institute marries experience and independence with the objectivity of evidence-based research. Strict conflict-of-interest guidelines ensure objectivity. ECRI Institute is designated an Evidence-based Practice Center by the U.S. Agency for Healthcare Research and Quality. ECRI Institute PSO is listed as a federally certified Patient Safety Organization by the U.S. Department of Health and Human Services. ECRI Institute convened and operates the Partnership for Health IT Patient Safety, a multi-stakeholder collaborative.
For more information, contact:
Laurie Menyo, Director of Public Relations and Marketing Communications
(610) 825-6000, ext. 5310