Hidden Fees – Conversations With VIE

by | Aug 28, 2020 | Conversations With VIE, Cost Reduction, Videos


This video was brought to you by Bryan Covert.

Let’s discuss hidden fees and their financial impact on healthcare organizations.

Understanding your contract language in regards to hidden fees is important to actually realize the cost savings that your hospital is projecting. Click To Tweet

Often, when utilization needs to be projected for the implementation of new services (if historical utilization doesn’t exist) we find that revisiting certain agreements after a year or two shows that an “all you can use” model was not the correct choice and hospitals are overpaying because their utilization doesn’t actually match their original projections.

Upon renegotiating these contacts, it’s common that your hospital could be on a higher per-use cost than initially anticipated. However, this can lead to substantial overall savings for your healthcare organization because it better matches what you’re doing at your location.

Understanding your data when negotiating contracts is absolutely vital so that you can avoid these hidden fees and best set your organization up for cost savings success.

If you’re interested in learning how VIE Healthcare Consulting can help you better plan for your initiatives, book a complimentary consultation by calling our office at 1-888-484-3332, Ext 500 or emailing us at info@viehealthcare.com.

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How to work with us

VIE Healthcare's simple 3 step process

VIE Healthcare's

simple 3 step process

Step 1

Schedule a Call

On your initial consultation call, we will want to learn about your goals and how VIE Healthcare® can support you and your team.

Step 2

We Analyze Your Data

The team at VIE Healthcare® will create a customized solution specifically focused on your hospital's needs and the outcomes you want to achieve.

Step 3

You Achieve Rapid Results

VIE Healthcare® will dedicate expertise and resources that support you and your team to become a high performing hospital.

Step 1

Schedule a Call

On your initial consultation call, we will want to learn about your goals and how VIE Healthcare® can support you and your team.

Step 2

We Analyze Your Data

The team at VIE Healthcare® will create a customized solution specifically focused on your hospital's needs and the outcomes you want to achieve.

Step 3

You Achieve Rapid Results

VIE Healthcare® will dedicate expertise and resources that support you and your team to become a high performing hospital.

Maximize your hospital’s profitability and enhance patient care.

Subscribe to The Cost Advantage for Healthcare Leaders and receive this special report with 15 Effective Cost Savings Strategies

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Maximize your hospital’s profitability and enhance patient care.

Subscribe to The Cost Advantage for Healthcare Leaders and receive this special report with 15 Effective Cost Savings Strategies

You have Successfully Subscribed!

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