VIE Healthcare Blog
5 Steps to Physician Preference Item Optimization
5 Steps to Physician Preference Item Optimization Physician preference items (PPIs) are often comprised of the most expensive products ordered by hospitals and can have a negative impact on your hospital’s operating margins. In this blog, I outline 5 key steps to...
Understanding The Terms of Your Outsourced Agreements
Understanding The Terms of Your Outsourced Agreements Understanding the clinical, financial and operational terms is the second of the four mission critical components essential to manage your outsourced agreements and identify vital cost savings for your hospital. ...
6 Key Questions For Hospital Cost Savings Opportunities
6 Key Questions For Hospital Cost Savings Opportunities As hospitals emerge from the impact of COVID-19, creating a proven strategy for hospital cost savings is mission critical. In this blog, I outline the 6 key questions for hospital cost-savings opportunities that...
Do You Have High Performing Contracts?
Do You Have High Performing Contracts? It takes a lot of work to get a high performing contract in place. They don’t just happen from an RFP or a benchmarking exercise or from obtaining terms through your GPO. A high performing contract is built on four key areas:...
3 Reasons To Negotiate With Your Vendors
3 Reasons To Negotiate With Your Vendors In this blog, I outline three reasons for your hospital to negotiate with your vendors. How does your health system approach pricing and contract negotiations with your vendors? Financial pressures on hospitals remain strong. ...
4 Mission Critical Requirements For Your Outsourced Agreements
4 Mission Critical Requirements For Your Outsourced Agreements All hospitals rely on outsourced agreements and services to deliver quality patient care, but they are complex, with financial and operational implications. In this new blog series, we will cover the four...
7 Steps to Optimize Outsourcing For Your Hospital
7 Steps to Optimize Outsourcing For Your Hospital For hospital leaders required to deliver margin improvements, generate more revenue and provide value based care, hospital outsourcing can be an attractive solution. Before making that decision, I advise reviewing my 7...
A Plan For Price Transparency
A Plan For Price Transparency This article addresses the CMS rules on price transparency and how your organization should respond. As of January 2021, hospitals in the US are required to provide price transparency in a way that has never been seen before. Every...
Hospitals Turn to Data Analytics to Reduce Costs, Improve Quality of Care
Hospitals Turn to Data Analytics to Reduce Costs, Improve Quality of Care The storage, processing, and analysis of big data plays a significant role in the decision-making process in many of today's industries. The healthcare sector, notably hospitals, must...
9 Best Practices for Effective Hospital Supply Chain Management
9 Best Practices for Effective Hospital Supply Chain Management Supply chain management in hospitals is imperative because it increases efficiency and productiveness. When medical professionals have all the supplies and services they require, they provide better...
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