Negotiation Strategy – Conversations With VIE

by | Feb 5, 2021 | Conversations With VIE, Negotiation Strategies, Process Improvement, Videos

 

This video was brought to you by Lisa Miller.

In this video, Lisa Miller shares how our team helped a hospital achieve $1,000,000 in cost savings by constructing a negotiation strategy.

This particular hospital had put out an RFP via a third party company for equipment, technology and services.

All the vendors had been vetted, the negotiations had been completed and they picked one company that was then brought in to supply chain at which point another negotiation took place and everything was analyzed, leading to more cost savings.

Our team had been working with the hospital’s IT department, and that review had to come through us. We looked at the proposal and noticed that 40% of the spend was not looked at during the RFP or the negotiation processes.

Through our thorough processes and findings, we were able to present to the CIO an additional cost savings of $1,000,000. Click To Tweet

Learn more about this specific example in the video above, along with the exact steps we took, our negotiation approach and ultimately how we achieved the $1,000,000 in savings in collaboration with the hospital.

For a complimentary consultation, call our office today at 1-888-484-3332, Ext 500 or email us at info@viehealthcare.com

Recent Research Reports

Categories

Archive Search

U
Discover 15 Effective Cost Savings Strategies That Most Hospitals Can Apply Right Now

Discover 15 Effective Cost Savings Strategies That Most Hospitals Can Apply Right Now

We are making this report FREE for a LIMITED TIME. In it you will learn how to maximize your hospital's profitability while enhancing patient care. The report includes:

  • A strategy developed from analyzing over 5,000 hospitals
  • A simple step-by-step plan in plain language
  • Proven processes to organize and motivate your team to find savings

Check your inbox and spam folder for your 15 Effective Cost Savings Strategies