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outsrouced agreements
Purchased Services
Lisa Miller

4 Mission Critical Requirements For Your Outsourced Agreements

All hospitals rely on outsourced agreements and services to deliver quality patient care, but they are complex, with financial and operational implications. In this new blog series, we will cover the four mission critical requirements to effectively manage your outsourced agreements (also referred to as purchased services). In this introductory article, we highlight those four

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Purchase Service Strategic Myths
Conversations With VIE
Lisa Miller

Purchased Services Strategic Approach – Conversations With VIE

 This video was brought to you by Lisa Miller and Rich Dormer. In this video, Lisa Miller and Rich Dormer discuss the three purchased services strategic myths that hospitals are being advised on that are fundamentally flawed. 1. Category Spend Data Category spend data is not a strategy. Hospitals are being told that category

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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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The Problem With Purchased Services Conversations With VIE
Conversations With VIE
Rich Dormer

The Problem With Purchased Services – Conversations With VIE

  This video was brought to you by Rich Dormer. There are problems surrounding the management of purchased services that your healthcare organization needs awareness around. Namely, as Rich Dormer explains in the video above, it’s a manual process, it’s highly ineffective, and it heavily strains resources. Considering that 50%, on average, of an organization’s

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The Hidden Cost Savings In Your Purchased Services Spend featured
Purchased Services
Lisa Miller

The Hidden Cost Savings In Your Purchased Services Agreement

This article was written by Lisa Miller. The Hidden Cost Savings In Your Purchased Services Agreement The Cost Savings are in Your Purchased Services Invoice Line-Item Details Analyzed To Your Purchased Services Agreement Purchased Services Agreement Over the past few years, consulting companies, technology solutions and GPOs have entered into the purchased services spend management

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3 Overlooked Bundled Payment Strategies
Bundled Payments
Lisa Miller

3 Overlooked 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 Payments In a recent

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how data analytics feature
Healthcare Analytics
Lisa Miller

How Data Analytics is Used in Healthcare

This article was written by Lisa Miller. Table of Contents The following topics are thoroughly covered in this article: What is healthcare analytics? Examples of analytics in healthcare How analytics benefits providers, patients and payers How data analytics can support your hospital or healthcare systems’ cost savings and financial improvement goals What is Healthcare Analytics? Analytics

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data driven feature
Purchased Services
Lisa Miller

A Data Driven Approach to Cost Savings in Purchased Services Management

  This video was brought to you by Lisa Miller and Rich Dormer. In this previously conducted LinkedIn broadcast, Rich Dormer and I discuss the three steps to taking a data driven approach in your purchased services, the strategies for cost management of purchased services, and the application of said strategies in two case studies.

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accesstolineitemdetailsfeature
Purchased Services
Lisa Miller

Access To Line Item Details Saves Your Hospital Money

This article was written by Lisa Miller. In a recent article, I outlined the four mission critical requirements that every hospital needs for effective management of your outsourced agreements. Access to your line item details is the first mission critical component. Purchased services – or your outsourced agreements – probably comprise around 50% of your hospital’s

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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.
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