VIE Healthcare Blog
Practical Ways To Reduce Purchased Services Costs
Practical Ways To Reduce Purchased Services Costs This article was written by Lisa Miller. Reduce purchased services costs Rising costs are prompting healthcare providers to revisit their labor and non-labor expenses. Learn how to identify ways to reduce purchased...
Outsourced, Insourced or Hybrid Services: What Is Cost Effective For Your Hospital?
This article was written by Lisa Miller. 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...
Why Lean Consulting Is A Powerful Strategy For Your Hospital
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...
Discover the Cost Cutting Opportunities In Your Line Item Details
This article was written by Lisa Miller. Significant potential for cost cutting opportunities exists in your hospital’s line item details. But managing your purchased services spend isn’t the same as running regular medical/surgical discrepancy reports in your...
5 Ways to Improve Profitability In Your Hospital
This article was written by Lisa Miller. Financial pressures remain a challenge for many health systems.1 As hospital leaders look for more effective ways to implement effective long-term cost savings across their organization, we suggest five ways to improve...
Big Data in Healthcare Isn’t Enough – Small Data Is The Answer
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...
3 Overlooked 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...
Data Analytics Can Improve Financial Performance And Efficiency In Hospitals
This article was written by Lisa Miller. Enterprises across every sector are continually involved in the collection, processing, and analysis of massive flows of big data to improve efficiency and profitability. The healthcare industry, notably hospitals, is no...
How Data Analytics is Used in Healthcare
This article was written by Lisa Miller. Table of Contents The following topics are thoroughly covered in this article: What is healthcare analytics? Examples of analytics in healthcare How analytics benefits providers, patients and payers How data analytics can...
Healthcare Ethnography: Discover Front Line Hospital Insights & Transform Patient Care
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...
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