What Led You to Start VIE Healthcare? What Prior Experiences Did You Have?
The first ‘a-ha’ moment to start VIE Healthcare came when I saved the materials manager of a hospital $250,000 in one specific area.
Those cost savings were the result of a single casual conversation.
From that moment I was hooked on identifying cost savings for hospitals and healthcare organizations.
My early career in healthcare expanded when I moved to a large medical manufacturer, teaching physicians in the OR and surgical environment how to utilize medical equipment.
This role revealed the different perspectives of healthcare to me.
By observing and having discussions with administrators, materials managers, and people in purchasing, I was exposed to healthcare’s finance and operational side.
Working alongside physicians in the OR, I made connections between the operational side and inventory used in the cases.
I began to understand the dynamics involved in successful cost management in healthcare. I could see how I could save hospitals money, and it set me on the path that ultimately led me to my work in finding cost savings for healthcare organizations.
Hospitals need to know the answer to these questions to drive margin improvement and identify cost savings opportunities:
- Is your hospital paying the right price?
- Is there variation?
- Where are the opportunities to save money?
As my passion for finding hidden cost savings in healthcare grew, I launched VIE Healthcare® in 1999.
We provide hospitals with the insights and the resources to help them increase margins with our proven financial strategies.
I still feel that same thrill when my clients tell me how I helped to identify their cost savings opportunities beyond their expectations.
As a hospital cost reduction specialist, VIE Healthcare® has a proven track record of reducing non-labor costs by 15% to 60% in key spend areas for hospitals and healthcare organizations.
To date, we have helped to reduce the non-labor costs of our clients by in excess of $752 Million.