Data Analytics Initiatives This article was written by Lisa Miller. Data analytics initiatives have the potential to transform healthcare in multiple areas, but the sector has been slow to tap into its potential. Understanding what spend data analytics in healthcare really means can encourage more hospitals to embrace its benefits. Data analytics in healthcare In
Innovating Cost Reduction This article was written by Lisa Miller. One thing that US healthcare leaders have learned through the pandemic is the importance of cost management through innovation. A 2019 report found that nearly two-thirds of hospitals are slow to scale innovation and less than half have a mechanism for moving forward in this area,
Successful Healthcare Roadmap for Savings This article was written by Lisa Miller. Every hospital needs a cost savings roadmap for success aligned to a bold vision for their organization. At VIE Healthcare, we define eight clear steps for that roadmap, summarized below. As you consider your vision, my suggestion to you is to imagine having
Implementing COVID-19 Cost Saving Strategies This article was written by Lisa Miller. For many hospitals, the extent of the COVID-19 cost impact may not be fully known for some time. Meanwhile, the finances of most health systems remain precarious. As an update to our initial COVID-19 response, we review the current situation and offer additional cost
Modern Technology in Healthcare This article was written by Jim Cagliostro. Modern technology has transformed the way we communicate, travel, work, play, entertain, worship, eat, exercise, and even sleep. It continues to revolutionize healthcare in the US and around the world, but in participating in this change, is your hospital adding technology or adding value?
Proper Data Analytics is Key This research report was compiled by Lisa Miller. EXECUTIVE SUMMARY In 2014, the US healthcare sector was described as an industry “in need of analytics,” yet despite that need, progress towards embracing spend data analytics as normative has been slow and the sector lags behind other industries. Now, the utilization
A Timeline for Price Transparency This article was written by Jim Cagliostro. The day before I was scheduled for a one and half hour outpatient surgery, I began to understand the impact of price information in healthcare and get a glimpse into the not-so-clear future of price transparency. Firstly, I received a call from the
This article was written by Lisa Miller. Healthcare and Social Isolation Social isolation and the impact on health is a vital consideration for healthcare providers, to such an extent that it has been described as America’s “next public health issue.” The definition of social isolation Social isolation can be defined as quantifiable social disconnectedness, a
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
This article was written by Jim Cagliostro. Investing in telehealth is a win-win for your organization and for your patients. Here’s why your hospital must embrace telehealth now. Healthcare, What’s Your Problem? Investing in Telehealth Is a Win-Win for Your Organization According to a 2017 study, when it comes to digital transformation, ‘healthcare firms typically
Looking for Solutions To Save Money and Improve Care? This article was written by Lisa Miller. Healthcare organizations looking for solutions to save money and improve care can overlook one key source of frontline insights – your patients. What patients know about saving money and improving care could provide your hospital with the answers it
3 Physician Cost Savings Inniatives This article was written by Lisa Miller. Patient satisfaction has become increasingly important since the introduction of the Hospital Consumer Assessment of Healthcare Practitioners and Systems (HCAHPS) survey. How can a hospital provide the best quality of care, increase and maintain high HCAHPS scores and become the provider of choice?
