1. ©2012 MFMER | slide-1 Clinical Quality Value Analysis At the Mayo Clinic Presented by Terri Nelson, RN MA Value Analysis Manger Jane Torzewski, RN MS Clinical Value Analysis May 2 nd 2012

2. Mayo Clinic Non-profit worldwide leader in medical care, research, and education. With over 60,000 employee Mayo Clinic teams cared for 1,113,000 individual patients in 2011 at campuses in Minnesota, Florida, Arizona and Mayo Clinic Health System, a network of clinics, hospitals and health care facilities serving more than 70 communities in Minnesota, Iowa, Wisconsin and Georgia. U.S. News & World Report annually names Mayo Clinic to its Honor Roll of top hospitals. Fortune Magazine rates Mayo Clinic among its 100 Best Companies to Work For.

3. Value Analysis A systemic approach to Product Management The CQVA work unit Facilitates the VA process Manages Product Issues and Recalls Providing both Operational and Enterprise Support

5. Structure Mayo Clinic Commodity Committee – (MCCC) Approval Committee for Commodities Clinical Preference ProductsMayo Clinic Commodity Committee – (MCCC) Approval Committee for Commodities Clinical Preference Products Product Review Teams – PRT provide clinical input into the review process, 5 teams Surgical, Medical, Resp/Anesthesia, WOO, GeneralProduct Review Teams – PRT provide clinical input into the review process, 5 teams Surgical, Medical, Resp/Anesthesia, WOO, General ©2012 MFMER | slide-5

6. Value Analysis Process 5 Steps in the Process Initiative Data Recommendation/Approval Implementation Compliance

7. Value Proposition Quality (outcomes, safety, service) = Value Cost

9. Mayo Clinic CQVA Blue Print Key Signs on the Road Map Culture Process Team Data Organization Approval Formulary Communication Compliance

10. Initiatives Expired Contracts, Practice, Standard/Regulatory, Goals for Departments Data Product usage and spend pulled from inventory management system, Cross references, Questionnaire including Manufactures & Staff input, recalls or product issues Analysis & Recommendation Financials, Non Financials, Validations & Trials, Recommendation

11. Implementation System numbers, Formulary Flags, Med/Surg Formulary, Communication Compliance Product compliance line item details

12. Category Review Initiative Calendar PRT Cross Reference Analysis Product Fairs Product TrialsRecommend MCCC approval Conversion Formulary Flag A/C/D Compliance

13. Initiative Calendar

14. Communication - Newsletter

15. Product Formulary ©2012 MFMER | slide-15

16. Compliance Report

17. Questions ?