AVAIL BENEFITS OF COLLECTIVE SCALE without compromising ... · WHA empowers every member to...
Transcript of AVAIL BENEFITS OF COLLECTIVE SCALE without compromising ... · WHA empowers every member to...
© Welue 2011 | Welue Strategic Alliances Pvt Ltd | Phone: +91.124.437.1000 | Fax: +91.124.436.1000 | SMS: +91.997.111.0000 | Email: [email protected] | welue.com
AVAIL BENEFITS OF COLLECTIVE SCALEwithout compromising ownership and control
NATIONWIDE HEALTH ALLIANCE FOR PROFITS, PROGRESS AND PRODUCTIVITY
Nationwide Health Alliance for Profits, Progress & Productivity
HOSPITALS
PHARMACIES
PATHOLOGY LABS
RADIOLOGY LABS
NURSING HOMES
ENT CLINICS
EYE HOSPITALS/ EYE CLINICS
DENTAL CLINICS
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New Chapter in Indian Healthcare.
Welue Health Alliance (WHA) is a network of healthcare providers.
WHA empowers every member to influence outcomes with the consolidated capabilities of the network. It fosters synergies in the business ecosystem to cultivate rapid progress and productivity.
WHA enables value creation by leveraging the benefits of collective scale and by facilitating: aggregation of buying power and combined sourcing operations; pooled investments in and deployment of latest information technology resources; collaborative performance improvement initiatives and shared services.
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This is the turning point of modernizing care for a massive population with weak affordability.
WHA aims to bring together over 5000 healthcare establishments across India. Collecting buying power to modernize care.
Over 95% of US hospitals participate in group contracting and other shared IT solutions.
We have combined the knowledge of US healthcare with the Indian challenges and ground-realities to tailor solutions for the Indian context.
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Leveraging Proven Results from US Healthcare.
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Even a large provider cannot match the combined strength of the whole network. Better prices, improved staff productivity and lot more time for patients.
Our alliance members come together to reduce costs and gain operating margins. We coordinate to spread the management efforts across the networks. Member committees negotiate on behalf of the entire network.
Collective buying power is leveraged to purchase goods and services at lower prices, which in turn should enable the providers to lower their costs and become more competitive in provision of their own services.
Actionable information at the point of need makes for well considered decisions.
Increase Profits. Cascade Progress. Multiply Productivity.
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Let us pull better deals together. When you stop running your own sourcing operation, you can focus more on patients.
When one hospital purchases 100 units of a particular item; the network purchases 70-80-90 thousand units. This may accumulate to 30%-70% of the supplier’s revenue. We consolidate demand across specialty networks to maximize quality and patient safety for the given price.
Collectivism can rationally control the inevitable rise in costs. As providers come under increasing pressure to reduce expenses, this contains cost of products and services they purchase –medical, non-medical and capital.
Group Contractingto control rising costs.
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Shared development and maintenance of software solutions delivers advancedbusiness automation at a small fraction of the cost.
We work together to make paperless care a reality. Imagine a finger-print recognition based patient identification system with point-of-service insurance claims management!
We work on scenarios where information technology (IT) can be strategically deployed with measurable improvements. Pooled investments deliver vast savings per member for IT products and services.
Data security is assured through complete encryption of transactional information.
Substantial IT Savingsfrom shared systems.
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Time saved is money earned. Either experts deploy that to treat more patients for more billings; or a support staff does more in the given time to reduce costs.
Alliance creates many avenues for members to multiply staff productivity through: Business automation saves lot of time besides rendering
accuracy and efficiency Analytics retrieves actionable information at the time-of-need
and point-of-need Collaborative initiatives offer a valuable network to discover/
evaluate/ contract new products Standardization makes it simpler Effective training of resources Reduced errors and reconciliation Shared services for non-value-add administrative tasks
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Multiply staff productivity through automation/ collaboration.
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Progressive hospitals will process over 95% of their purchases online to increase efficiency, ensure accuracy and minimize the need for reconciliation.
Electronic Data Interchange; EDI replaces loads of paperwork, phone calls, faxes, emails and posts.
E-commerce is the only sustainable solution to manage the complexity of managing orders through multiple suppliers. Significant money and resources are spent on manual, inefficient supply chain processes. Our online exchange will not just handle this administrative nightmare, but also build efficiency and accuracy in pricing, product and contract management. Further, more business automation solutions will be added as extensions to the e-commerce platform.
Online Exchange makes itReal-time Easy and Direct.
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This opens host of multichannel accessopportunities to deal with hundreds of other providers and suppliers.
Universal Connect is an intelligent directory and catalogue which also seconds as a one-stop information portal. In the new economy, boundaries are no longer opaque. Competitors collaborate to gain competitive advantage.
One central platform that connects providers, patients, suppliers, resellers/ distributors and payers enables efficiencies for everyone. Moreover, this significantly reduces the administrative effort involved in keeping master data of products, suppliers, locations and profiling of patients current and updated.
Universal Connectbrings all in one place.
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Real-time update of unique codes that transcend acrossthe ecosystem ensures data hygiene and streamlines transactions.
Business content strategy needs to go beyond data cleansing and item master maintenance. Adoption of common coding standards across the industry is a critical step towards collaborative efficiencies for everyone.
Besides unrivaled accuracy in supply chain, greater use of industry-wide standards will enable stronger and faster automation. Significant efficiencies accrue when trading parties use standard codes. This also aids in identification of every item into defined product groupings and provides an effective way to analyze, organize, find and manage products.
Lock the Code for Error-Free-Efficiency.
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Standardization creates efficiencies in supply chain and is directly linked to volume allocation which in turn is a leverage to purchase quality products at affordable prices.
Providers are increasingly challenged by an overabundance of offerings causing a constant surge for time and information to make objective choices. Standardization programs support mechanisms for independent preference evaluation.
Repeatability enhances the learning-curve and reduces outcome variability. Enhances contract/ supplier performance. It aids cost reduction through volume discounts, reduces errors and complexity, refines business practices, increases efficiencies from known patterns, faster reliable decisions, and rationalizes inventory levels.
Standardization yields exponential results.
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If each of us shares one idea then all of us will have many ideas. Business innovation and operations have now become a collective activity.
As against businesses in developed economies, well-documented role definitions, policies and procedures do not qualify the cost-benefit for most Indian organizations. Many even struggle with basic tools like budgeting and expense control.
WHA initiatives distil collaborative knowledge into management tools that fuel a culture of clarity and perpetual business improvement: Aids for informed-decisions; Role definitions and learning resources to improve skill-levels; Leading business practices; Forms and templates. Members easily customize and use these tools.
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Many-Minds Performance-Builder fosters a culture of clarity.
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Suppliers gain access, improve sales volumes and administration. Vastness of Indian market mapped in one exchange.
WHA fosters long lasting relationships with progressive suppliers, who inturn gain growth and operational efficiency. No activities or negotiations ever attempt to squeeze or exploit the suppliers; either individually or by pegging them one against the other.
It is an opportunity to reduce costs, increase staff productivity, improve customer services, drive results through universal connect and modernized delivery processes. Online exchange offers robust resellers management – suppliers get reseller sales/ inventory visibility with no added investments.
Fair dealings to Partner with Progressive Suppliers.
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Online Exchange
BusinessAutomation
DataManagement
Coding & Classification
UniversalConnectChannel Integration
Preference Standardization
Demand Consolidation
Strategic Sourcing
Inventory Management
New Incubation
Procurement Advocacy
SaveTime
ImproveQuality 5 KEYSTONES
OF THE ALLIANCE
ControlCost
OptimizeSafety
ModernizeBusiness
SOUR
CING
TECH
NOLO
GY
PERF
ORM
ANCE
5 KEY
STON
ES
[overcome]COMPETITORS
COLLABORATION DILEMMA
[advance]FOCUS ON
PATIENT CARE
[obviate]SMALL BOY COMPLEX
[unleash]COLLECTIVE POTENTIAL
[catalyse]MODERNIZATION
EFFORTS
[sustain]BIG BOY
ADVANTAGE
[leverage]PARTNERSHIPS
WITH SUPPLIERS& INSURERS
[ensure]INFORMATION
INTEGRITY
[preserve]INDIVIDUAL
IDENTITY
[maximize]STAKEHOLDER
VALUE
10 FU
NDAM
ENTA
LS
IDEN
TITY S
AFE
INTE
GRAT
ION
Structured Value & Governing Frameworks
To learn more log on to www. welue.com
INDIVIDUAL IDENTITYCOLLECTIVE STRENGTH
PATIENTS FACINGSUPPLIERS FACING
Clinical Excellence
PatientExperience
DecisionMaking
Ownership& Control
BuyingPower
StaffProductivity
EnablingTechnology
SharedServices
IDENTITYSAFE
INTEGRATION
LearningResources
Culture of Clarity
KnowledgeExpertis
e
Many-MindsInnovation
DecisionEngine
Perpetual-Performance-
Builder
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Host of Solutions are in the pipeline with collaborative efforts driving relevance and impact.
To learn more log on to www.welue.com
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Members are involved through committees, task forces, and councils in developing and governing projects for the alliance. Member groups are largely responsible for contracting decisions - requests for proposals, reviewing bids from competing vendors, conducting evaluations of the bidding parties.
Working with members and member groups; WHA works on the recommendation of member groups to award contracts, engage experts or to prioritise performance improvement initiatives.
For the Network.By the Network.Experience of members is the key leverage to yield collective benefits. Welue is a facilitator, catalyst & coordinator.
All progressive healthcare establishments are joining Welue Health Alliance
Collaborate for Affordable Modern Quality Advanced Healthcare
Welue Strategic Alliances Private Limited | Email: [email protected] | welue.comPhone: +91.124.437.1000 | Fax: +91.124.436.1000 | SMS: +91.997.111.0000 Corporate Office: Kedar Square, L29/5 DLF City II, Gurgaon 122002, India© Welue 2011 | All rights reserved | All content subject to disclaimer | Refer to Legal section on welue.com
We aim to coordinate over
5000healthcare establishments into the alliance. Join the movement to make it happen. Together We Can!