Health Shared services BC Guide to Value-Adds
When suppliers make proposals to Health Shared Services BC they will often include Value-Adds as part of their offering as a way of increasing the value of their proposal. Depending on the category, Value-Adds may form a significant portion of the overall value, financial and/or otherwise, of the supplier’s proposal. Health Shared Services BC Supply Chain’s management of Value-Adds is designed to maximize the value to the health authorities, encourage creativity among suppliers and demonstrate complete transparency.
Value-Adds may take the form of cash rebates, no-charge product, educational support, Fellowship grants, discounts on other categories of products and services or discounts that offer increased value (such as growth rebates) to the customer. For some departments, programs or agencies that receive significant Value-Adds from suppliers, the Value-Adds essentially form part of the baseline department budget. HSSBC recognizes that continuance of the Value-Adds is critical for the maintenance of their operations.
Read more about Health Shared Services BC Board-approved principles to guide our approach to Value-Adds.
Health Shared Services BC is accountable for the negotiation, tracking and distribution of Value-Adds provided on contracts implemented by Health Shared Services BC. Key stakeholders will be consulted on the appropriateness, relevance and preferred method of disposition. Suppliers will provide notification of all payments of cash Value-Adds and provision of non-cash Value Adds to Health Shared Services BC to enable Health Shared Services BC to track and follow-up on Value-Adds. Suppliers will direct cash Value-Adds to the attention of the Health Shared Services BC. Health Shared Services BC allocates the total accumulated cash Value-Adds from Health Shared Services BC contracts to the health authorities on a periodic basis as required by the Health Shared Services BC’s Master Services Agreement or as directed by Health Shared Services BC Management Board resolutions.