VIE Healthcare Cost Savings

3 Foundations To Improve Your Cost Structure
Cost Savings
Lisa Miller

3 Foundations To Improve Your Cost Structure

Implementing changes to improve your cost structure to realize savings must be a priority for healthcare leaders. As the US stands on the cusp of a new era of price transparency, healthcare costs rose to $3.6 trillion in 2018[1], while rural hospitals saw a record number of closures in 2019. [2] These three foundations to

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Cost Saving Initiative Conversations With VIE
Conversations With VIE
Lisa Miller

Cost Saving Initiatives – Conversations With VIE

  This video was brought to you by Lisa Miller and Rich Dormer. In this video, Lisa Miller and Rich Dormer present a controversial idea surrounding cost savings at your hospital. Namely, that your cost saving initiatives are a delayed reaction to effective cost management systems. And, unless a major red flag comes up, hospitals

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Cost Savings
Jim Cagliostro

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 hospital must deliver a plan for price transparency. Healthcare is one of the most regulated, if

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Cost Savings
Lisa Miller

How To Improve Hospital Financial Performance

How to Improve Hospital Financial Performance A thorough guide on the steps your hospital can take to improve its financial performance and reduce costs. Table of Contents: Focus on reducing overall spending. Maintain a competitive edge. Utilize green initiatives. Keep readmissions down. Avoid wasteful testing and supply use. Enhance patient satisfaction. Make smart investments in

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Discover the Cost Cutting Opportunities In Your Line Item Details
Cost Savings
Lisa Miller

Discover the Cost Cutting Opportunities In Your Line Item Details

This article was written by Lisa Miller. Significant potential for cost cutting opportunities exists in your hospital’s line item details. But managing your purchased services spend isn’t the same as running regular medical/surgical discrepancy reports in your hospital. In recent years, there has been a renewed focus on cost saving initiatives in purchased services, but

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improve profitability at your hospital featured
Cost Savings
Lisa Miller

5 Ways to Improve Profitability In Your Hospital

This article was written by Lisa Miller. Financial pressures remain a challenge for many health systems.1 As hospital leaders look for more effective ways to implement effective long-term cost savings across their organization, we suggest five ways to improve profitability in your hospital. They are: 1. Administrative costs The cost of administration in US healthcare

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The 4 Ps Of A Successful Hospital Cost Savings Strategy featured image 1
Cost Savings
Lisa Miller

The 4 P’s Of A Successful Hospital Cost Savings Strategy

This article was written by Lisa Miller. Robust cost management is now imperative for every hospital. Adopting VIE Healthcare’s 4 P’s (Plan, Process, Project Management, Performance) of a successful hospital cost savings strategy can help to drive margin improvement across your hospital. Increasing financial pressure on US hospitals There is no disputing the financial pressure many

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Cost Savings
Lisa Miller

Get In Front of the Cost Savings In Your Outsourced Agreements

This article was written by Lisa Miller. Getting in front of your cost savings is the fourth mission critical component to manage your outsourced agreements effectively. You’ve accessed your line item details, carefully scrutinized the terms of your outsourced agreements and renewed those contract terms to include substantial cost savings.  You’ve benchmarked and agreed on new

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cost savings feature
Cost Savings
Lisa Miller

Achieve Cost Savings With These 10 High Performing Strategies

This article was written by Lisa Miller. As healthcare leaders direct their focus to 2021, implementing high performing strategies for cost savings has to be a priority. At the time of writing, 32 US hospitals have filed for bankruptcy in 2020[1]. Reimbursement challenges, falling patient volumes and financial challenges arising from the pandemic are likely to

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covid resources feature
Cost Savings
Lisa Miller

COVID-19 Resources For Hospitals

This article was written by Lisa Miller. Identifying credible, sustainable and cost effective COVID resources remains a priority for healthcare organizations. At VIE Healthcare®, we offer a variety of resources to address the COVID-19 cost impact on your hospital including: Ways to accelerate and maximize your funding solutions. Proven supply chain cost management strategies. Links to

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VIE Healthcare 3 Step Process Icon

How VIE Can Help

VIE Healthcare Consulting helps hospitals reduce costs while improving the patient experience. Learn more about the simple 3 step process to work with us.
VIE Healthcare Hospital Cost Reduction Forum

Join our private forum for healthcare providers.

The Hospital Cost Reduction Forum is an online community of supply chain, finance and department leaders who want to connect and communicate with their peers.