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VIE Healthcare's simple 3 step process

VIE Healthcare's

simple 3 step process

Step 1

Schedule a Call

On your initial consultation call, we will want to learn about your goals and how VIE Healthcare® can support you and your team.

Step 2

We Analyze Your Data

The team at VIE Healthcare® will create a customized solution specifically focused on your hospital's needs and the outcomes you want to achieve.

Step 3

You Achieve Rapid Results

VIE Healthcare® will dedicate expertise and resources that support you and your team to your success.

Step 1

Schedule a Call

On your initial consultation call, we will want to learn about your goals and how VIE Healthcare® can support you and your team.

Step 2

We Analyze Your Data

The team at VIE Healthcare® will create a customized solution specifically focused on your hospital's needs and the outcomes you want to achieve.

Step 3

You Achieve Rapid Results

VIE Healthcare® will dedicate expertise and resources that support you and your team to your success.

Start our 3 Step Process

Schedule your call today

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Schedule your call today.

You may be intrigued by this recent study by The American College of Healthcare Executives.

Their study was on the top issues confronting hospitals and the number one issue that came up was financial challenges.

Given that this is, not-so-surprisingly, a common issue that hospitals face, I wanted to share with you three innovative ideas on overcoming these challenges.

First, consider a zero-based budgeting approach to your department costs, where you need to justify each supplier and each cost.

You can then begin a 12-month accounts payable spend and break it down by department and analyze every supplier and every spend to see if there’s an actual need or if there’s a different approach to that expense that may end up reducing costs.

The second idea is to incorporate an ongoing cost containment scorecard.

This isn’t just for a one-time use or when you have a great need to take out costs. This is about creating a disciplined approach to cost reduction and cost management that actually measures every initiative and is able to prove that the reductions are actually being achieved. This scorecard should also have c-suite and board visibility.

Finally, ask your employees, suppliers and patients for their ideas.

All three of these untapped resources will often come with a wealth of knowledge. They’re privy to seeing things on the front line that you don’t necessarily see and can offer perspectives that you may not currently be considering.

In talking to hundreds of executives, financial challenges are on the forefront of their minds. Click To Tweet

This doesn’t have to be a concern that plagues you. Start implementing these three innovative ideas and see your financial challenges reduced and even eliminated.

What’s another idea you’ve implemented to overcome financial challenges?

The audio version of this entry is at the bottom of this post.

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© VIE Healthcare® Consulting - All Rights Reserved || Policies
VIE Healthcare is approved under the Small Business Set-Aside Act and Minority and Women Certification Program

© VIE Healthcare® Consulting
All Rights Reserved || Policies

VIE Healthcare is approved under the Small Business Set-Aside Act and Minority and Women Certification Program

Maximize your hospital’s profitability and enhance patient care.

Subscribe to The Cost Advantage of Healthcare Leaders and receive this special report with 15 Innovative Cost Savings Strategies

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Maximize your hospital’s profitability and enhance patient care.

Subscribe to The Cost Advantage of Healthcare Leaders and receive this special report with 15 Innovative Cost Savings Strategies

You have Successfully Subscribed!

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