This video was brought to you by Lisa Miller and Rich Dormer. OR Opportunities In this video, Lisa Miller and Rich Dormer discuss the opportunities to save money in the operating room. For example, we’ve seen especially in the past 12-18 months, the biologics being utilized to increase costs. Stock items is another area
This video was brought to you by Lisa Miller and Sue Farkas. Optimizing the Operating Room In this video, Lisa Miller and Sue Farkas discuss the biggest opportunities to reduce costs in the operating room. Namely, the following: Standardization of products. Analyzing variability of resources. Reviewing service line profitability. Our operating room optimization process
Comprehensive Cost Awareness in the O.R. This article was written by Lisa Miller. Comprehensive cost awareness across a hospital requires an understanding of data and often vast amounts of information. To help to understand that information, we optimize cost management with Project CROS – Costs, Reimbursement, Outcomes and Social Determinants of Health. In this blog, we
How We Help Hospitals This video was brought to you by Lisa Miller. In this video, Lisa Miller discusses three ways VIE Healthcare Consulting can help your hospital. 1. We Provide Resources If you’re encountering a specific contracting or agreement issue, we can provide the resources to help you with your hospital’s specific challenge. 2.
This research report was written by Lisa Miller. Cost reduction in the OR: Even small adjustments in performance can have significant economic impact in the operating room. High cost implants and supplies are a constant challenge for hospitals to manage for competitive pricing and for inventory controls. There are 4 lesser known strategies that your
Being Punctual in the O.R. In the first edition of the series, we covered several potential reasons that OR start times get delayed. Nobody likes to wait, and when ORs are consistently lagging behind schedule, it often leads to increases in cost and decreases in revenue. But, every problem has a solution, And in the
Behind Schedule in the O.R.? Nobody likes to wait. This can be especially true in hospitals where stress levels, fear and anxiety are often high. It goes without saying, but each hospital should be making active and consistent attempts to ensure their OR starts on time. First, let’s take a look at the potential (and
Increased Cost & Increased Competition Here are a couple of points in the name of price transparency for FY 2019 and beyond according to Becker’s Hospital CFO Report. “5. Under CMS’s final inpatient payment rule for FY 2019, hospitals are required to publish a list of their standard charges online in a machine-readable format and
Making the OR Profitable: Removing Unneeded Waste This article was written by James Cagliostro.The rising cost of healthcare has not only affected patients, it has affected the way in which hospitals operate. While this presents a real challenge to hospitals, it has also led to a serious re-examination of how the healthcare industry is spending
Operating room Neglect When it comes to getting a clear picture of your costs, are you neglecting the operating room? The OR accounts for up to 70% of a hospital’s revenue, between 55% and 65% of its margin, and 50% of a hospital’s costs. It goes without saying that it’s vital to look at trends
