Innovation in a Pressured Environment This article was written by Lisa Miller. Innovation in healthcare is constantly changing and challenging the way in which hospitals operate but integrating that innovation into a pressured environment is a problem faced by many health systems. Healthcare ethnography can help your hospital to discover front line insights to transform
This article was written by Lisa Miller. Successful Hospital Cost Savings Strategy Robust cost management is now imperative for every hospital. Adopting VIE Healthcare’s 4 P’s (Plan, Process, Project Management, Performance) of a successful hospital cost savings strategy can help to drive margin improvement across your hospital. Increasing financial pressure on US hospitals There is no
Manage Your Outsourced Agreements Effectively This article was written by Lisa Miller. Getting in front of your cost savings is the fourth mission critical component to manage your outsourced agreements effectively. You’ve accessed your line item details, carefully scrutinized the terms of your outsourced agreements and renewed those contract terms to include substantial cost savings. You’ve
VBP Program Should Impact Supply Chain This article was written by Lisa Miller. Benchmarking is the third of the four mission critical components to manage your hospital’s outsourced agreements and uncover vital areas for margin improvement. In this article, I explain how to benchmark effectively for cost savings. The first component is gaining access to your
This article was written by Lisa Miller. Saving Your Hospital Money with SDOH Strategies As the US healthcare sector continues to assess the fallouts from the pandemic, the impact of social and economic factors on patient health are being closely scrutinized. While your hospital plans its COVID-19 recovery strategy, I encourage you to include proven
Achieved Compliance With the Health Insurance Portability and Accountability Act VIE Healthcare Consulting is pleased to announce that it has taken all necessary steps to prove its good faith effort to achieve compliance with the Health Insurance Portability and Accountability Act (HIPAA). Through the use of Compliancy Group’s proprietary HIPAA solution, The Guard™, VIE Healthcare
This video was brought to you by Lisa Miller and Sue Farkas. Optimizing the Operating Room In this video, Lisa Miller and Sue Farkas discuss the biggest opportunities to reduce costs in the operating room. Namely, the following: Standardization of products. Analyzing variability of resources. Reviewing service line profitability. Our operating room optimization process
Engaging Employees to Improve Patient Care and Engage Cost Reduction This article was written by Lisa Miller. Of the 30 fastest growing occupations from 2018-2028 revealed by the Bureau of Labor Statistics, 18 are in healthcare and associated jobs. [1] In the face of a severe skills shortage, adopting a focus on employee engagement enhances
MBE Certification Leader in cost reduction services for hospitals approved by New York & New Jersey Minority Supply Development Council September 23, 2020, New Jersey, USA VIE Healthcare® Consulting, a leading healthcare consulting provider, specializing in non-labor cost reduction and margin improvement, has been approved for Minority Business Enterprise (MBE) Certification. Minority owned businesses are
This article was written by Jim Cagliostro. Nurses and Hospital Cost Savings Healthcare in the United States is expensive. The US health care system spends almost twice as much as any other country without significantly better outcomes to show for it. [1] In formulating cost reduction strategies, we recommend that nurses must be included in
Function on Narrow or Negative Operating Margins Research Report This research report was compiled by Jim Cagliostro. The COVID-19 pandemic exposed the danger of health systems continuing to function on narrow or negative operating margins. It has confirmed to healthcare leaders that, when hospital finances are under severe and constant pressure, there is minimal room
A Growing Concern for the US Supply Chain This research report was compiled by Sue Farkas and Jim Cagliostro. In 2019, it was predicted that supply chain costs would overtake labor expenses as the #1 cost in US healthcare in 2020. Already aware of this growing trend, health systems have long sought out new strategies
