VIE Healthcare Blog
How Should CMS’s Value-Based Purchasing Program Affect Your Supply Chain?
This article was written by Jim Cagliostro. Whether you like it or not, CMS’s Hospital Value-Based Purchasing (VBP) Program should impact the way your hospital does business and affects your supply chain. More specifically, the VBP Program, implemented on October 1,...
4 Reasons To Invest In Your Supply Chain In 2019
This article was written by Lisa Miller. By 2020, supply chain costs are expected to overtake labor expenses as the #1 cost in US healthcare, making it vital to invest in your supply chain in 2019. A 2018 report also suggests that each healthcare institution could...
A Targeted Approach To Improving Cost Structure
This article was written by Lisa Miller. Escalating costs are contributing to record levels of hospital closures but a targeted approach to improving your cost structure can radically transform your healthcare system’s ability to achieve sustainable cost savings and...
3 Steps to Optimizing Clinical Laboratory Cost Savings and Transforming Patient Care
This article was written by Pandush Mitre. Hospitals rely heavily on clinical laboratory services to deliver patient care but in the process overlook their inherent deficiencies that can result in reduced margins. That can be reversed by taking steps to optimize...
Purchased Services Are Key to Financial Predictability and Certainty for Hospital Executives
This article was written by Rich Dormer. Healthcare executives are constantly seeking financial predictability and certainty before making important decisions to ensure better quality patient care and future sustainability of their organizations. Purchased services...
Managing Costs to Medicare
This article was written by Bryan Covert. Recently published data from the American Hospital Association (AHA) reinforces how critical it is for all hospitals to be managing costs to Medicare. Its annual hospital survey, released in January 2019, clearly demonstrates...
3 Reasons Hospitals are Missing Out on Cost Savings
This article was written by Carol Turano and co-authored by Lisa Miller. Almost one in five US hospitals are ‘in bad shape’ financially, or at risk of closure, a situation exacerbated as many hospitals are missing out on cost savings which could drive margin...
The 7 Components of Establishing an Agile Cost Transformation Structure for Long Term Sustainability
This article was written by Lisa Miller. Establishing an agile cost transformation structure is essential for long term sustainability of any healthcare organization. As CEO and founder of VIE Healthcare® Consulting, I have identified seven key components to achieve...
Analyzing Complex Contracts In Healthcare
This article was written by Jim Cagliostro. As the use of third-party partnerships in healthcare continues to rise, the need to analyze complex contracts that form the basis of these relationships is essential to secure quality results at a competitive price....
Healthcare Telecommunication Expenses: Consistent Monthly Costs Do Not Guarantee Accurate Billing
This article was written by Jacqueline Oberst. Each month, healthcare organizations receive volumes of telecommunication invoices, some of which exceed 1,000 pages, but consistent monthly costs do not guarantee accurate billing. Due to the overwhelming amount of data,...
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