Purchased Services Strategic Approach – Conversations With VIE

by | Nov 18, 2020 | Conversations With VIE, Featured, Purchased Services, Videos


This video was brought to you by Lisa Miller and Rich Dormer.

In this video, Lisa Miller and Rich Dormer discuss the three purchased services strategic myths that hospitals are being advised on that are fundamentally flawed.

1. Category Spend Data

Category spend data is not a strategy. Hospitals are being told that category spend visualization is an effective way to find cost savings. However, this simply isn’t true. Hospitals need to roll up their sleeves and gain visibility to the line item details.

2. RFPs

Hospitals often tend to have an overreliance on RFPs. Click To Tweet

RFPs can be useful in some situations, but shouldn’t be used in every situation. RFPs can be used as a tool, but shouldn’t be relied on as a strategy.

3. Benchmarking

Obviously, it’s important to understand where the market is, however benchmarking alone is not a strategy. If your hospital is not doing a reconciliation and isn’t reviewing 12-18 months worth of invoices, money is being left on the table.

Learn more about these three myths in the video above and how VIE Healthcare Consulting can help your hospital in cost-saving initiatives.

For a complimentary consultation, call our office today at 1-888-484-3332, Ext 500 or email us at info@viehealthcare.com.

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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 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.

Discover 15 Effective Cost Savings Strategies That Most Hospitals Can Apply Right Now

Discover 15 Effective Cost Savings Strategies That Most Hospitals Can Apply Right Now

We are making this report FREE for a LIMITED TIME. In it you will learn how to maximize your hospital's profitability while enhancing patient care. The report includes:

  • A strategy developed from analyzing over 5,000 hospitals
  • A simple step-by-step plan in plain language
  • Proven processes to organize and motivate your team to find savings

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