This video was brought to you by Richard Dormer. Conversation with Rich Dormer In this video, Rich Dormer discusses his role at VIE Healthcare Consulting, our approach to working with clients and what differentiates us from the competition. Rich serves as our Chief Operating Officer. With extensive knowledge of hospital expenses across the organization,
Consistency is Key This article was written by Lisa Miller. Albert Einstein gave his students at Princeton the exact same final exam every semester for twenty years. After just a couple of years, his students figured out the predictability of the questions, and so did his fellow professors. One of his peers asked him why
This article was written by Lisa Miller. Evolving Healthcare Budget Challenges Everybody involved in healthcare, from frontline nursing staff to hospital executives and healthcare consulting providers, recognize that change is the one constant factor in the industry. In part 1 of our hospital budgeting blogs, we explore the finance and budgeting challenges facing the evolving
This article was written by Lisa Miller. Interim Supply Chain Help “Asking for help is a sign of strength, not weakness.” This mantra is one that psychologists teach us to remember, especially when we’re faced with an overwhelming task. When it comes to interim supply chain help, now is the time for hospitals to call
Using Data Analysis with Physicians This article was written by Lisa Miller. Our third and final blog on Physician Preference Items (PPIs) focuses on why data analysis is the key to cost savings. Our first blog explored best practices to identify and realize cost savings, followed by a focus on the importance of price transparency
This article was written by Jim Cagliostro. Remaining Competitive in the Healthcare Marketplace According to the Health Care Cost Institute (HCCI), nearly 75% of US hospital markets are considered highly concentrated. If this is the case, how can your hospital remain competitive in the marketplace? While many factors contribute to a high concentration of hospitals,
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
2020 Hospital Trends This article was written by Lisa Miller. As we begin a new year, we examine predictions for three disruptive healthcare trends for 2020 and how to incorporate the impact of these trends into an effective cost reduction strategy for your hospital. Social Determinants of Health (SDOH) SDOH is an issue we highlighted
Physicians Can Provide Quality Care at Lower Costs This research report was compiled by Lisa Miller. EXECUTIVE SUMMARY “Our goal is to empower hospitals to create the optimum patient experience, develop strong community partnerships, and build a unique bond between provider and patient.” Current US healthcare spending statistics are alarming. The Center for Medicare and
Nurses Enhancing Patient Care This article was written by Lisa Miller. Nurses have again topped a survey naming them the most trusted profession in the US. By engaging with this extensive resource, healthcare leaders can uncover vital front line insights and learn how nurses can enhance patient care and save your hospital money. The survey,
Innovation in Cost Saving Strategies This article was written by Lisa Miller. Unsustainable growth in healthcare expenditure demands an effective response. Drawing on our extensive expertise in cost reduction, VIE Healthcare has created a definitive list of 15 innovative cost savings strategies to drive sustainable margin improvement across your organization. #1 Cost management program A
This research report was written by Lisa Miller. Cost reduction in the OR: Even small adjustments in performance can have significant economic impact in the operating room. High cost implants and supplies are a constant challenge for hospitals to manage for competitive pricing and for inventory controls. There are 4 lesser known strategies that your
