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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 your success.

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 your success.

Start our 3 Step Process

Schedule your call today

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Schedule your call today.

This research report was compiled by Lisa Miller.
EXECUTIVE SUMMARY
Purchased services spend represents 45% to 50% of a hospital’s overall non-labor costs. For that reason alone, making a deliberate and focused effort on your hospital purchased services spend to identify cost savings opportunities is one of the best areas for hospitals and health systems to realize additional revenue.
Purchased services is the most difficult spend to manage because unlike supplies, services are performed first and invoiced after the services are performed. As a result, there is a higher need for invoice reconciliation to your agreement. In our experience at VIE Healthcare Consulting, there is a greater probability for inaccurate billing that could go unverified for a long period of time. Service spend can also have off-contract spend, excessive fees and surcharges that go unnoticed due to the time-consuming manual process of reviewing hundreds to thousands of service spend line items.
Purchased services spend is an area that requires mastery on many levels in order to achieve all the possible cost savings opportunities that are available to your hospital.

Since 1999, VIE Healthcare Consulting has successfully achieved purchased services cost savings for hospitals and health systems throughout the United States.
In this research report, we present 5 best practices that can provide your hospital with effective and proven strategies to achieve significant cost savings.

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