hospital cost reduction Archives - VIE Healthcare Consulting

VIE Healthcare hospital 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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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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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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5 Step Strategic Approach Conversations With VIE
Conversations With VIE
Lisa Miller

5 Step Strategic Approach – Conversations With VIE

This video was brought to you by Lisa Miller and Rich Dormer. Identifying and achieving cost savings in your hospital needs to be done with care and constant monitoring. It needs a dedicated, strategic approach to ensure accuracy and success. VIE Healthcare Consulting has formulated a 5 step strategic approach that your hospital can use

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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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Cost Saving Initiative Conversations With VIE
Conversations With VIE
Lisa Miller

Cost Saving Initiatives – Conversations With VIE

  This video was brought to you by Lisa Miller and Rich Dormer. In this video, Lisa Miller and Rich Dormer present a controversial idea surrounding cost savings at your hospital. Namely, that your cost saving initiatives are a delayed reaction to effective cost management systems. And, unless a major red flag comes up, hospitals

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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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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.