Lean Consulting Is a Powerful Strategy This article was written by Lisa Miller. Today’s healthcare organizations face increasingly fewer resources and higher costs. Many struggle to operate efficiently without compromising either their operating margins or patient care. Lean consulting is a powerful strategy for your hospital which can transform these key areas. What is Lean
3 Bundled Payment Strategies This article was written by Lisa Miller. As the healthcare sector continues to explore its options for payment models, bundled payments are becoming more popular. To maximize profit from this type of payment model, I recommend three overlooked bundled payment strategies that I discuss below. The Rise in Popularity of Bundled
Improve Financial and Efficiency Performance in Hospitals This article was written by Lisa Miller. Enterprises across every sector are continually involved in the collection, processing, and analysis of massive flows of big data to improve efficiency and profitability. The healthcare industry, notably hospitals, is no exception as they attempt to balance quality health care delivery with
Innovation in a Pressured Environment This article was written by Lisa Miller. Innovation in healthcare is constantly changing and challenging the way in which hospitals operate but integrating that innovation into a pressured environment is a problem faced by many health systems. Healthcare ethnography can help your hospital to discover front line insights to transform
This article was written by Lisa Miller. Waste Reduction and Better Patient Care The growing issue of waste in healthcare recently hit the headlines. As I observed in this recent blog, a recent published study suggests that waste costs healthcare organizations between $760 billion to $935 billion each year – around a quarter of all
This article was written by Lisa Miller. Successful Hospital Cost Savings Strategy Robust cost management is now imperative for every hospital. Adopting VIE Healthcare’s 4 P’s (Plan, Process, Project Management, Performance) of a successful hospital cost savings strategy can help to drive margin improvement across your hospital. Increasing financial pressure on US hospitals There is no
This article was written by Lisa Miller. High Performing Strategies to Save Costs As healthcare leaders direct their focus to 2021, implementing high performing strategies for cost savings has to be a priority. At the time of writing, 32 US hospitals have filed for bankruptcy in 2020[1]. Reimbursement challenges, falling patient volumes and financial challenges arising
This article was written by Lisa Miller. Saving Your Hospital Money with SDOH Strategies As the US healthcare sector continues to assess the fallouts from the pandemic, the impact of social and economic factors on patient health are being closely scrutinized. While your hospital plans its COVID-19 recovery strategy, I encourage you to include proven
Achieved Compliance With the Health Insurance Portability and Accountability Act VIE Healthcare Consulting is pleased to announce that it has taken all necessary steps to prove its good faith effort to achieve compliance with the Health Insurance Portability and Accountability Act (HIPAA). Through the use of Compliancy Group’s proprietary HIPAA solution, The Guard™, VIE Healthcare
Supply Chain Costs Have Become the #1 Cost in US Healthcare This article was written by Lisa Miller. Across the US healthcare sector, there is now unprecedented pressure to find cost savings opportunities. It is just one of the reasons why your hospital needs supply chain excellence. High performance hospitals invest in and build world class
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
Engaging Employees to Improve Patient Care and Engage Cost Reduction This article was written by Lisa Miller. Of the 30 fastest growing occupations from 2018-2028 revealed by the Bureau of Labor Statistics, 18 are in healthcare and associated jobs. [1] In the face of a severe skills shortage, adopting a focus on employee engagement enhances
