This video was brought to you by Lisa Miller and Rich Dormer. What Separates VIE From the Rest? In this video, Lisa Miller and Rich Dormer discuss what separates VIE Healthcare Consulting from the pack and makes us the premier choice for hospitals. 1. We’ve Been in Business Since 1999 We’ve been in business
Overlooked Costs and Spending Sources Uncovering overlooked costs and spend sources is vital to ensuring your hospital maximizes its profit margins. US healthcare costs are projected to continue to rise by an average annual rate of national health spending growth of 5.5% through 2027 according to the Centers for Medicare & Medicaid Services (CMS). [1]
This video was brought to you by Lisa Miller. Aggregate Spending Analysis In this video, we discuss why aggregate spend analysis and benchmarking from your agreement will leave money on the table and simply doesn’t work. Here’s an example. We had a client that asked us to look at their medical gas costs and
Quality Financial Outsourced Providers Ensuring quality and financial high performance from outsourced providers is kind of like making a spanakopita from scratch—when you don’t have the recipe or guidance from a master (or even know what it is. Google it.) One word—disaster. Following these steps will make it easier to execute. It’s important that the
This video was brought to you by Lisa Miller and Rich Dormer. OR Opportunities In this video, Lisa Miller and Rich Dormer discuss the opportunities to save money in the operating room. For example, we’ve seen especially in the past 12-18 months, the biologics being utilized to increase costs. Stock items is another area
In Episode 10 of The Healthcare Leadership Experience, Lisa is joined by Noah Fleming. Noah is the author of The Customer Loyalty Loop, Why People Buy, Buy More, and Buy Again. He is a strategic marketing expert and CEO of the Fleming Consulting Company. He has also provided coaching and consulting services for thousands of businesses
Improve Your Hospital Financial Performance A thorough guide on the steps your hospital can take to improve its financial performance and reduce costs. Table of Contents: Focus on reducing overall spending. Maintain a competitive edge. Utilize green initiatives. Keep readmissions down. Avoid wasteful testing and supply use. Enhance patient satisfaction. Make smart investments in health
Am I Spending Too Much? This video was brought to you by Lisa Miller and Rich Dormer. In this video, Lisa Miller and Rich Dormer discuss bundled payments and revenue strategies and the importance of a profitability analysis. “Am I spending too much?” This is a question virtually everyone asks themselves both personally and
This article was written by Lisa Miller. Cost Effectiveness Outsourcing and Insourcing Outsourced, insourced or hybrid services? What is the most cost effective model for your hospital to maximize profit and continue to deliver exceptional patient care? Outsourced services can account for up to 40% to 50% of your organization’s non-labor spend. While outsourcing is regarded
Lean Consulting Is a Powerful Strategy This article was written by Lisa Miller. Today’s healthcare organizations face increasingly fewer resources and higher costs. Many struggle to operate efficiently without compromising either their operating margins or patient care. Lean consulting is a powerful strategy for your hospital which can transform these key areas. What is Lean
Big Data in Healthcare Isn’t Enough – Small Data Is The Answer Big data in healthcare is a term used to describe giant data sets that provide useful information when analyzed. For hospitals to maximize available cost savings opportunities the answers may be in the small data. “Small data is data in a volume and
3 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
