Forensic Line-Item Historical Analysis
Detailed Contract Dissection
Categorization & Benchmarking
Complete Cost
Savings Opportunity Identification
Contract
Re-Negotiation
Protect Your Margins
Provide Exceptional Patient Care
Increasing Operating Margins Through Proven Financial Strategies
The VIE Healthcare Advantage -
The Only Comprehensive Cost Savings Solution™
Complete Cost
Contract
Identify New Ways to Reduce Your Costs
Eliminate Unnecessary Costs. Healthcare providers need to find effective ways to reduce unnecessary overspending that impacts the organization's bottom line. Whether you're a pharmaceutical company, a healthcare provider, or working alongside the top healthcare brands, it's essential to eliminate spending waste.
Optimize Spend Data Analytics. VIE can help health systems optimize their analytics to gain the most actionable insights from their data and EHR information. Healthcare providers can then use these analytics to make business-critical decisions, invest in new healthcare services, purchase new medical devices, and improve the patient experience.
Accelerate Your Expense Reduction Initiatives. Brands within the healthcare industry seldom have the luxury of time. Top healthcare companies often want to see immediate results and review real-time data and EHR documents. By working with a consulting firm, you can accelerate new initiatives throughout your healthcare company.
Benchmark Your Costs. When you establish firm cost and capacity expense benchmarks, it's easier to track performance against your local market and your global competitors. So whether you're in a saturated market like New York or you operate a rural hospital, it's important to set effective, realistic performance benchmarks that help keep your brand on track.
Measure the Performance of Your Contracts
What Would a Perfect Cost-Savings Solution be Capable of?
Ensure Results
It could deliver an experienced, thorough analysis of your existing contracts and spend to identify areas of maximum cost savings further. For clinicians, administrators, and CEOs within the healthcare space, it's essential to ensure results whenever possible. While top healthcare brands take risks, these are often calculated risks that are more likely to pay off and deliver results. Working with a consultant is another way to increase effects, implement best practices, and adhere to revenue cycle management protocols.
Identify Savings
It could analyze every line-item detail of your historical spend, so we can understand every cost savings opportunity and know exactly what you need to contract for and at the right price. Top healthcare companies depend on thorough line item analyses to identify profits, explain data outliers, and account for variables. When clinicians identify savings opportunities, it's easier to manage payers, acquisition transactions, mergers, recruiting efforts, and more. You can also spot contract savings by reviewing payer contract line items and outstanding agreements with government agencies or third-party advisory services.
Rapidly Implement
It would be able to perform this analysis quickly, so you can start controlling costs within days and weeks, not months or years. Whether you're looking to achieve regulatory compliance or you want to find the best way to implement lower-cost policies throughout your health system, VIE can help you examine your business model, implement financial changes, and rethink the ways you approach management services. With years of experience, we can help you address your outstanding healthcare costs, improve profits, and leverage big data to paint a complete picture of your fiscal health.
Introducing VIE Healthcare
We Deliver Healthcare Spend Analytics™
The Value VIE Healthcare Delivers
- Patented Technology gives you a complete picture of your supply and service spend so you can prioritize cost savings. This empowers every facet of your business, from your social workers to human resources and recruiting specialists. In addition, understanding how cash flows throughout your business can help you discover more creative solutions for utilization management.
- You have proven, deep, specialized expertise in the complexities of purchased services and clinical supply agreements, giving hospitals unrivaled insights into areas of cost savings. When you can save on contracts with payors, insurance companies, life sciences brands, or other managed services and products, it’s easier to enact immediate cost savings. You can then reallocate that funding for innovative solutions that can benefit your care model and help improve patient satisfaction.
- Cost savings are achieved in days and weeks, not months or years. Healthcare consulting companies and financial advisory services make it easier to achieve rapid results that can help promote greater business mobility, agility, and scalability. Whether you’re looking to save on telehealth spending or you want to invest in new research equipment for your biology or pharmaceutical departments, immediate cost savings lead to more effective health plans for your clinic or practice.
- Contract performance throughout the term of the agreement. Regular performance reviews help ensure you’re getting the most of your EHR data, contract savings, and other spend analytics insights that can financially empower your brand. So whether you’re in New York, Los Angeles, or somewhere in between, it’s essential to manage brand performance for the most significant possible impact consistently.
Exceed industry norms and achieve pricing better than your peers.
Analytic and sourcing resources that pay for themselves.
Minimize costs for supplies and services.
Maximize savings with our professional negotiation services.
Gain physician buy-in and internal engagement.
Maintain or improve healthcare while lowering costs.
Learn How We Help You
Expand Your Quality of Care Through Cost Reduction
How it works?
The simple VIE Healthcare three-step process.
Perform Data Analytics
We provide a forensic review of your data.
Identify Margin Improvement Opportunities
We develop a detailed roadmap for your organization.
Rapidly Implement
We accelerate margin improvement initiatives so you can meet your financial goals.
Proven Margin Improvement
For All Healthcare Organizations
Independent
Hospitals
Surgical Centers
Academic Medical Centers
Health Systems
IDNs
Nursing Homes
Physician Practices
Healthcare Payers
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of Organizations Assissted
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Years Experience
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What Our Clients Say
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ALAN WEISS, PHD
Consultant, Speaker and Author
VIE Healthcare is on the cutting edge of innovation in cost reduction and improved margins in the health care business.
Bill Kennett
Vice President Supply Chain at Hospital for Special Surgery
Lisa and the VIE Healthcare team did an outstanding job on an expense reduction initiative at the Hospital for Special Surgery. The VIE Healthcare team worked closely with HSS staff to identify and implement significant cost-saving opportunities. Based upon their thoroughness, persistence, professionalism, and results delivered, I highly recommend the services provided by Lisa and the VIE Healthcare organization.
About VIE Healthcare Consulting
At VIE Healthcare, we understand how necessary costs savings are for performing higher as an organization. That’s why we’ve spent the last 20+ years partnering with healthcare organizations to reduce and eliminate unnecessary costs. We believe when healthcare organizations can focus on innovative solutions, point of care improvements, and patient outcomes, they’re able to flourish. Our team of cost savings experts, data scientists, technology specialists, healthcare business analysts, and healthcare executives delivers accurate results. Since 1999, we have saved our clients over $700 million.
Increasing Margins in Healthcare Through our Comprehensive Costs Savings Solutions Since 1999.
We've Helped Save over 1 Billion Dollars
Helpful Tips & Advice
Cut Costs While Maintaining A High Level Of Patient Satisfaction
