This article was written by Lisa Miller. Cost Savings Strategies Over the past few weeks, I have had time to reflect on my daughter’s two hospitals encounters from the last 18 months. The first was for an eye condition that required a few days in the hospital with specialists observing and testing, including a CT
Innovation in Cost Saving Strategies This article was written by Lisa Miller. Unsustainable growth in healthcare expenditure demands an effective response. Drawing on our extensive expertise in cost reduction, VIE Healthcare has created a definitive list of 15 innovative cost savings strategies to drive sustainable margin improvement across your organization. #1 Cost management program A
3 Physician Cost Savings Inniatives This article was written by Lisa Miller. Physician engagement is becoming increasingly important for the success of every healthcare organization in the shift towards value based care. In this blog, I outline 3 ways to engage your physicians in cost savings initiatives, which can help to create a high performance
Innovative Strategies To Improve Margins This article was written by Lisa Miller. The financial pressure on hospitals continues unabated, forcing healthcare organizations to seek out more innovative hospital cost savings strategies. At the beginning of 2019, it was predicted that, as margins continue to deteriorate in healthcare, the ‘hospitals that manage their costs the best
Reimbursement Management for Healthcare This educational video is brought to you by Lisa Miller, CEO and Founder of VIE Healthcare Consulting. As hospitals look for new ways to drive margin improvement, in this video I explore the relationship of cost to reimbursement to achieve unparalleled cost savings. At VIE Healthcare Consulting we adopt a
Sustainable Project Management Strategies This article was written by Pandush Mitre. Project management in healthcare is essential for hospitals in the US to achieve their #1 priority, namely, the provision of outstanding patient care. But, how can health systems deliver this level of care when they face close scrutiny from other parties, including the government, insurance
The State of Your Hospital’s Financial Health This article was written by Jim Cagliostro. Health promotion and disease prevention lead to healthier populations, with optimum results achieved when individuals embrace a proactive approach. Just like your own health, your hospital’s financial health needs a check-up too! The benefits of preventative healthcare Eating healthier foods and living
Approaching Improvements to Cost Structure This article was written by Lisa Miller.Escalating costs are contributing to record levels of hospital closures but a targeted approach to improving your cost structure can radically transform your healthcare system’s ability to achieve sustainable cost savings and improve your patient care.Research suggests that the US spends significantly more on healthcare than
Optimizing Clinical Laboratory Expenses This article was written by Pandush Mitre. Hospitals rely heavily on clinical laboratory services to deliver patient care but in the process overlook their inherent deficiencies that can result in reduced margins. That can be reversed by taking steps to optimize clinical laboratory cost savings and transforming patient care. With the current
3 Causes for Hospitals Missing Out on Cost Savings This article was written by Carol Turano and co-authored by Lisa Miller. Almost one in five US hospitals are ‘in bad shape’ financially, or at risk of closure, a situation exacerbated as many hospitals are missing out on cost savings which could drive margin improvement. Most have
How to Plan for Cost Savings in 3 Steps This article was written by Pandush Mitre. In order to maximize margin improvement for your hospital, planning ahead for cost savings analysis is invaluable. In over two years working with hospitals and healthcare organizations for VIE Healthcare®, I have developed a simple three-step process that enables me
Hospital Utilization Process This article was written by Lisa Miller. We’re concluding our series on improving your hospital utilization process. If you haven’t already, be sure to read part one and part two. Take Stock of Your Pharmaceuticals Biologics extend to pharmaceuticals, although most drugs are chemically synthesized. In either case, it’s been our experience that most drug
