VIE Healthcare Resources
10 Ways to Improve Hospital Margins
This article was written by Lisa Miller. One would think that patient care, employee performance and financial margins would reach optimal levels in the US if the US healthcare consumption represents 17.2% of its GDP, and yet, US health outcomes are worse here than in...
How Variables in Hospital Waste, Pricing and Usage Bring Cost-Saving Opportunities
This article was written by Lisa Miller. Too many hospitals struggle to control wasteful behavior, vague pricing structures and under-utilized resources that significantly affect their bottom-line. Many aren’t even aware that certain variables within these obstacles...
Sales and Healthcare Can Be a Conflict Of Interest
This year’s predicted 5.3% increase in healthcare costs is part of an upward trend expected to propel spending up to $5.7 trillion by 2026¹ . The rising cost of medical goods and services contributes significantly towards that trend. While increased spending would...
The “Check Please” Program at Cleveland Clinic
Why the need? As healthcare in this country shifts its focus to a more value-based model and as hospitals are being reimbursed less and less for services delivered, healthcare systems must adjust accordingly. No longer are hospitals reimbursed based strictly on the...
The Challenge of Remaining Profitable as a Hospital
Verity Health System of California, Inc., which operates 6 hospitals in northern and southern CA, filed for bankruptcy on August 31, 2018. The system did not find itself in this situation for lack of capable leadership. It is managed by billionaire and former surgeon...
Profiting From Analytics
Profiting from analytics is only doable if you have systems in place to ensure your analytics and data will lead you closer to your goals. When we asked respondents to the our Healthcare Leadership Survey what the number one area was in which they need to improve to...
Domain Breakdown of HBVP
This article was written by James Cagliostro. CMS has developed very specific measures in each of the following four domains to determine each hospital’s Total Performance Score (TPS). By gaining a fuller understanding of these measures, hospital administrator/staff...
Understanding Medicare’s Inpatient Prospective Payment System (IPPS)
This article was written by James Cagliostro. Over the last few decades, countless advancements in healthcare have been made in this country. Along with these advancements, the cost of healthcare has risen and the complexity of payment for care has risen too....
Waste in the Operating Room
This article was written by James Cagliostro. The rising cost of healthcare has not only affected patients, it has affected the way in which hospitals operate. While this presents a real challenge to hospitals, it has also led to a serious re-examination of how the...
Hospital Cost Improvement Strategy
“As a general principle…about one third (of hospitals) have margins that are above zero, probably about one-third of hospitals are pretty close to zero....and about one-third are running in the red." Gary Young, Director of the Center for Health Policy and Healthcare...
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