Category: VIE Healthcare Blogs
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How Waste Reduction Leads to Cost Savings and Better Patient Care
This article was written by Lisa Miller. The growing issue of waste in healthcare recently hit the headlines. As I observed in this recent blog, a recent published study suggests that waste costs healthcare organizations between $760 billion to $935 billion each year...
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The 4 P’s Of A Successful Hospital Cost Savings Strategy
This article was written by Lisa Miller. 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...
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Get In Front of the Cost Savings In Your Outsourced Agreements
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...
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10 High Performing Strategies For Cost Savings
This article was written by Lisa Miller. As healthcare leaders direct their focus to 2021, implementing high performing strategies for cost savings has to be a priority. At the time of writing, 32 US hospitals have filed for bankruptcy in 2020[1]. Reimbursement...
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How to Benchmark Effectively For Cost Savings
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...
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Proven SDOH Strategies To Save Your Hospital Money
This article was written by Lisa Miller. 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...
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