healthcare cost reduction Archives - VIE Healthcare Consulting

VIE Healthcare healthcare cost reduction

New Technology in Physician Preference Items
Conversations With VIE
Rich Dormer

Physician Preference Items and Controlling Costs – Video Discussion

This video was brought to you by Rich Dormer and Bryan Covert. Some recent trends we’ve seen at VIE Healthcare Consulting, especially in total joint orthopedics, includes the usage of new materials for the same component. In the case of total knee replacement, we’re seeing the traditional plastic liner being replaced by one treated with

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5 Steps to Physician Preference Item Optimization
Physician Preference Items
Lisa Miller

5 Steps to Physician Preference Item Optimization

Physician preference items (PPIs) are often comprised of the most expensive products ordered by hospitals and can have a negative impact on your hospital’s operating margins. In this blog, I outline 5 key steps to physician preference item optimization. The True Cost of Physician Preference Items The most successful healthcare organizations know how to optimize

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outsource providers feature
Cost Reduction
Lisa Miller

Understanding The Terms of Your Outsourced Agreements

Understanding the clinical, financial and operational terms is the second of the four mission critical components essential to manage your outsourced agreements and identify vital cost savings for your hospital.  Most of the time, we find that hospitals instinctively want to begin with benchmarking, but this is the third step in the process.  The first

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Do You Have High Performing Contracts featured
Healthcare Contract Management
Lisa Miller

Do You Have High Performing Contracts?

It takes a lot of work to get a high performing contract in place. They don’t just happen from an RFP or a benchmarking exercise or from obtaining terms through your GPO. A high performing contract is built on four key areas: Analysis Strategy Negotiation Performance Management Let’s discuss a contract renewal. We recommend that you internally run a report or obtain 12 months of invoices

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Outsourced Service Provider Costs Audiogram.featured image
VIE Healthcare Audiograms
Lisa Miller

Outsourced Service Provider Costs: How to Ensure These Costs Are Managed and Monitored— Benchmarking

Outsourced Service Provider Costs: How to Ensure These Costs Are Managed and Monitored Lisa Miller hosted a webinar in association with the American Hospital Association to highlight the most effective ways of managing and monitoring your purchased services provider costs. Every healthcare organization depends on outsourced agreements to enable them to deliver quality patient care.

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7 Steps to Optimize Outsourcing For Your Hospital
Supply Chain Management
Lisa Miller

7 Steps to Optimize Outsourcing For Your Hospital

For hospital leaders required to deliver margin improvements, generate more revenue and provide value based care, hospital outsourcing can be an attractive solution. Before making that decision, I advise reviewing my 7 steps to optimize outsourcing in your hospital in order to ensure high performance from your providers. Outsourcing is a growing market in US

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Hospitals Turn to Data Analytics to Reduce Costs Improve Quality of Care featured
Healthcare Analytics
Lisa Miller

Hospitals Turn to Data Analytics to Reduce Costs, Improve Quality of Care

The storage, processing, and analysis of big data plays a significant role in the decision-making process in many of today’s industries. The healthcare sector, notably hospitals, must effectively capture and process big data with analytics to achieve higher quality patient care through new technologies. As a result, data analysis plays an integral role in improving

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2021 Effective Hospital Supply Chain Management Strategies featured 1
Supply Chain Management
Lisa Miller

2021 Effective Hospital Supply Chain Management Strategies

Efficient supply chain performance is the cornerstone of success for today’s leading hospitals. With the ability to turn an under-performing medical center into a model of operational excellence, a highly functional supply chain is the most powerful tool in a hospital administrator’s arsenal. Below is a look at the key role supply chain activity plays

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yourplanforcostsavingsfeatured
Purchased Services
Lisa Miller

Your Plan For Hospital Cost Savings Opportunities Starts Here

With the potential for significant margin improvement in the analysis of purchased services spend, your plan for hospital cost savings opportunities starts here.  Analysis of purchased services spend – also referred to as outsourced services – is becoming more prevalent in healthcare.  The focus on purchased services spend I believe this emerging focus on purchased

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VIE Healthcare 3 Step Process Icon

How VIE Can Help

VIE Healthcare Consulting helps hospitals reduce costs while improving the patient experience. Learn more about the simple 3 step process to work with us.
VIE Healthcare Hospital Cost Reduction Forum

Join our private forum for healthcare providers.

The Hospital Cost Reduction Forum is an online community of supply chain, finance and department leaders who want to connect and communicate with their peers.