healthcare finance Archives - VIE Healthcare Consulting

VIE Healthcare healthcare finance

What Led You to Start VIE Healthcare featured 1
Videos with Lisa
Lisa Miller

What Led You to Start VIE Healthcare?

The first ‘a-ha’ moment to start VIE Healthcare came when I saved the materials manager of a hospital $250,000 in one specific area. Those cost savings were the result of a single casual conversation. From that moment I was hooked on identifying cost savings for hospitals and healthcare organizations. My early career in healthcare expanded

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3 Foundations To Improve Your Cost Structure
Cost Savings
Lisa Miller

3 Foundations To Improve Your Cost Structure

Implementing changes to improve your cost structure to realize savings must be a priority for healthcare leaders. As the US stands on the cusp of a new era of price transparency, healthcare costs rose to $3.6 trillion in 2018[1], while rural hospitals saw a record number of closures in 2019. [2] These three foundations to

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Supply Chain Conversations With VIE
Conversations With VIE
Lisa Miller

Supply Chain – Conversations With VIE

  This video was brought to you by Lisa Miller and Rich Dormer. In this video, Lisa Miller and Rich Dormer discuss some of the challenges hospitals have in their supply chain. They’re responsible for patient care and for facilitating the necessary supplies and services to patients and hospital professionals. Whether they’re putting out fires

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How to Manage Your IT Healthcare Spend
Cost Reduction
Lisa Miller

How to Manage Your IT Healthcare Spend

To ensure that costs are managed effectively, your hospital must adopt robust strategies and learn how to manage your IT healthcare spend. Technology has the potential to drive healthcare forward, make it more accessible, improve operational efficiencies and enable your hospital to provide better patient care. However, barriers to effective benchmarking exist. Technological advancements are

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3 Ways to Extract Unnecessary Costs
Conversations With VIE
Lisa Miller

3 Ways to Extract Unnecessary Costs – Conversations With VIE

 This video was brought to you by Lisa Miller. In this video, we discuss three ways to extract unnecessary costs in your purchased services spend. 1. Pricing Analysis It’s not just pricing within your GPO, but rather a pricing analysis that extends across the complete marketplace. You need to choose a partner who can

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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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Telecommunications Conversations With VIE
Conversations With VIE
Jacqueline Oberst

Telecommunications – Conversations With VIE

 This video was brought to you by Lisa Miller and Jacqueline Oberst. In this video, we discuss why it’s important for your hospital to consider conducting an annual telecommunications review. Here are three primary reasons: 1. Changes in the hospital With hospitals expanding, moving, closing down facilities, adding physician practices and other changes, it’s

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6 Key Questions For Hospital Cost Savings Opportunities featured image
Cost Savings
Lisa Miller

6 Key Questions For Hospital Cost Savings Opportunities

As hospitals emerge from the impact of COVID-19, creating a proven strategy for hospital cost savings is mission critical. In this blog, I outline the 6 key questions for hospital cost-savings opportunities that you must be asking. The pressure to make cost savings for hospitals As operating margins fall, we are witnessing an unprecedented pressure

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Analyzing and Interpreting Data Conversations With VIE
Conversations With VIE
Rich Dormer

Analyzing and Interpreting Data – Conversations With VIE

 This video was brought to you by Rich Dormer and Bryan Covert. There are three major challenges that hospitals are facing in achieving cost savings: 1. Obtaining, Analyzing and Interpreting Data The issue behind this challenge for hospitals isn’t necessarily that they don’t know how to obtain, analyze and interpret data, but rather that they

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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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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

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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.