MBE Certification Leader in cost reduction services for hospitals approved by New York & New Jersey Minority Supply Development Council September 23, 2020, New Jersey, USA VIE Healthcare® Consulting, a leading healthcare consulting provider, specializing in non-labor cost reduction and margin improvement, has been approved for Minority Business Enterprise (MBE) Certification. Minority owned businesses are
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
This article was written by Jim Cagliostro. Nurses and Hospital Cost Savings Healthcare in the United States is expensive. The US health care system spends almost twice as much as any other country without significantly better outcomes to show for it. [1] In formulating cost reduction strategies, we recommend that nurses must be included in
This video was brought to you by Denise Bisogno. Establishing Cohesive Partnerships In this video, Denise Bisogno discusses her role at VIE Healthcare, some of the most rewarding parts of being on our team, and our approach to achieving results for our clients. Denise began her career with VIE Healthcare Consulting in 2002, bringing over
Function on Narrow or Negative Operating Margins Research Report This research report was compiled by Jim Cagliostro. The COVID-19 pandemic exposed the danger of health systems continuing to function on narrow or negative operating margins. It has confirmed to healthcare leaders that, when hospital finances are under severe and constant pressure, there is minimal room
This article was written by Sue Farkas and Jim Cagliostro. Cost Savings and Efficiency of Nurses Nurses increasingly play an integral part in helping health systems to identify cost savings, improve efficiencies, and deliver better patient care. For years, hospitals have faced the reality of growing financial strain. Increasing debt, decreasing revenues and insufficient reimbursement
A Growing Concern for the US Supply Chain This research report was compiled by Sue Farkas and Jim Cagliostro. In 2019, it was predicted that supply chain costs would overtake labor expenses as the #1 cost in US healthcare in 2020. Already aware of this growing trend, health systems have long sought out new strategies
Healthcare Pandemic Guide – Post Recovery This research report was compiled by Jim Cagliostro. The COVID-19 pandemic has devastated countries around the world. From the overwhelming loss of life to record unemployment levels, the emotional and economic impact of this virus on the nation is unprecedented. But, it does not have to be the end
Effective Cost Management This article was written by Lisa Miller. Change is recognized as the one constant factor in the healthcare sector. Sometimes that change is impossible to predict, as the COVID-19 pandemic has shown. Our two part blog series on finance and budgeting, summarized below, offers proven strategies and considerations to manage your hospital’s
Applying IT Strategies in Hospitals This research report was compiled by Lisa Miller. Technology moves at incredible speed, is costly, needs a highly qualified IT staff, and requires a workforce that embraces change. However, meaningful data analytics can deliver unparalleled cost savings, improve patient outcomes and transform your hospital. Our focus is on delivering those
This article was written by Lisa Miller. Strategy for Hospital Recovery While COVID-19 continues to pose a global threat, healthcare organizations must begin to plan their recovery from this crisis now. A return to baseline will prove both costly and time consuming, but an effective, sustainable recovery doesn’t mean health systems settling for the status
