Vie Healthcare

FEBRUARY 10, 2022

In these audiograms, taken from Episode 13 of The Healthcare Leadership Experience , Lisa Miller is joined by Luis Martinez to discuss purchased services multi-year strategy. Contract Expiry Dates Didn’t Change Because Of The Pandemic. For instance, contract renewals. That means a high volume of contracts for review now.

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Hospitals Healthcare 52

Home Health Care

JULY 24, 2022

Home care providers have always taken measures to ensure that they’re able to hold on to staff – especially amid labor shortages – through clauses in client services contracts prohibiting the direct hire of a caregiver. . Now, various government agencies are cracking down on these measures. Individual Membership. 400 per year.

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Home Care Law Firms Regulations 92

Home Health Care

APRIL 26, 2024

This article is a part of your HHCN+ Membership ShiftMed — a staffing platform — has acquired CareerStaff Unlimited from Genesis HealthCare, a long-term care services provider. CareerStaff is a health care-focused workforce solutions and staffing services company. Geisinger is a value-based care provider that serves 1.2

Home Care 52

Home Care Integration Hospitals Medical Services 52

Vie Healthcare

JANUARY 7, 2022

In these audiograms, taken from Episode 25 of The Healthcare Leadership Experience , Lisa is joined by Rich Dormer from VIE Healthcare to discuss why you should prioritize purchased services in your hospitals. Hospitals Have the Biggest Cost Savings When They Prioritize Purchased Services.

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Hospitals Healthcare 52

Vie Healthcare

JANUARY 3, 2022

Robust Contract Management Is Vital for Cost Reduction in Healthcare. The most common concerns I hear when I speak to healthcare leaders are around contract management. That might be a contract that needs reviewing or concerns about benchmarking. In contract management red flags include vendors increasing their prices.

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Healthcare Hospitals 52

Vie Healthcare

JANUARY 3, 2022

Robust Contract Management Is Vital for Cost Reduction in Healthcare. The most common concerns I hear when I speak to healthcare leaders are around contract management. That might be a contract that needs reviewing or concerns about benchmarking. In contract management red flags include vendors increasing their prices.

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Healthcare Hospitals 52

Health Populi

JUNE 16, 2022

Consumers continued to invest in and use several technologies that supported self-care at home in 2021, with plans to purchase connected health devices, sports and fitness equipment in the next year. But these purchases will be made with greater attention to budget and value consumer mindsets firmly focused on (and stressed by) inflation.

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Medical Technology Primary Care Prevention Home Care 123

Vie Healthcare

OCTOBER 6, 2021

Our clients often ask us how it’s possible to achieve cost savings in purchased services that no other healthcare consulting provider can deliver. During that time, we’ve developed a proven six-part process to identify hidden cost savings in purchased services spend. Step 6: Contract performance reviews.

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Hospitals Healthcare 52

HIT Consultant

MARCH 22, 2023

What You Should Know: – Purchasing energy in the 340B market has been high in recent years as (1) healthcare organizations have sought to increase savings, particularly in cost centers like pharmacies, and (2) 340B vendors have expanded the types of customers they serve, according to a recent KLAS report.

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Accountability Integration Healthcare 88

Vie Healthcare

SEPTEMBER 24, 2021

Here at VIE Healthcare®, we have what we call the “perfect strategy” for purchased services cost savings. Luis suggests that utilizing a multi-year strategy can help you to renegotiate your vendor contracts. It’s a perfect solution to manage your hospital’s purchased services spend.

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Accountability Hospitals Healthcare 52

Vie Healthcare

SEPTEMBER 23, 2021

Every hospital needs a roadmap and starting point for purchased services cost savings opportunities. Contract expiration date. Do not allow your purchased services contracts to auto-renew. Start to group your IT costs, telecommunication spend, or outsourced laboratory services to understand your spending.

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Hospitals Healthcare 52

Vie Healthcare

JULY 22, 2021

In this video, Lisa Miller, CEO and Founder of VIE Healthcare, discusses how they create a centralized operation for purchased services. We’ve partnered with several health systems to create a centralized business operation specifically for purchased services spend in the past year. Protect valuable revenue.

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Accountability Hospitals Healthcare 52

Vie Healthcare

NOVEMBER 23, 2021

In these audiograms, taken from Episode 3 of The Healthcare Leadership Experience , Lisa Miller is joined by the VIE Healthcare® team to discuss purchased services cost savings in healthcare. Outsourced Physician Services Outsourced Physician Services Represent a Significant Proportion of Purchased Services Spend.

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Healthcare Hospitals 52

NASHP

JULY 24, 2023

Key provisions include those extending protections to consumers, pharmacies, and state and commercial payers that contract with PBMs. West Virginia, for example, now acts as its own PBM under a fee-for-service model and reported saving $54.5 Kentucky began contracting with a single PBM for its managed care population in 2021.

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Medicaid Regulations Pharmaceuticals Accountability 52

NASHP

OCTOBER 30, 2023

Shining Light on 340B Drug Discounts As the rising cost of prescription drugs continues to be a driver of increased health spending, some states are building analytical capacity to better understand the factors causing these increases so they can ensure affordable drugs and services are available to their citizens. billion in 2005 to $53.7

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Regulations Medicare Medicaid Hospitals 122

Vie Healthcare

NOVEMBER 23, 2021

In these audiograms, taken from Episode 3 of The Healthcare Leadership Experience , Lisa Miller is joined by the VIE Healthcare® team to discuss purchased services cost savings in healthcare. Outsourced physician services represent a significant proportion of purchased services spend.

Healthcare 52

Healthcare Hospitals 52

Healthcare ECONOMIST

AUGUST 8, 2023

Input foreclosure occurs when a PBM owned by an insurer increases the costs or reduces the quality of its services provided to insurers who compete with its parent insurer. Customer foreclosure, by contrast, occurs when the downstream firm of a merged entity no longer purchases inputs from its upstream competitors.

Pharmaceuticals 80

Pharmaceuticals Integration Accountability Medicare 80

Vie Healthcare

JANUARY 7, 2022

It looks at areas of spend including purchased services and supply chain. Does your hospital know your top 25 high cost supply items right now, or its high cost service items, by department? Purchased services spend accounts for up to 50% of your hospital’s non-labor spend.

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Quality of Care Hospitals Accountability Hospital IT 52

Vie Healthcare

SEPTEMBER 20, 2021

Invoice reconciliation is one of the key elements of a successful purchased services cost management strategy. You cannot run a report in your ERP system to understand your purchased services costs. Under the terms of your agreements, services are performed and then invoiced.

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Hospitals Healthcare 52

Sheppard Health Law

JUNE 22, 2023

Yesterday, Connecticut Governor Ned Lamont signed into law HB6669 , “An Act Protecting Patients and Prohibiting Unnecessary Health Care Costs” (“the Act”), which seeks to reduce the costs of health care services for Connecticut residents. We have summarized key provisions of the Act below.

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Pharmaceuticals Hospitals Regulations Nursing 52

NASHP

MARCH 11, 2022

Reference-Based Pricing to Medicare Resources Using Medicare rates as a reference in determining SEHP reimbursements for services builds upon efforts already undertaken by the federal government to establish such payments. Model Act to Address Anticompetitive Terms in Health Insurance Contracts . NASHP Report:?

Medicare 52

Medicare Hospitals Regulations 52

HIT Consultant

AUGUST 28, 2023

Key Insights into Payer Claims and Administration Platforms 2023 Cognizant & HealthEdge Are Clear Mindshare Leaders; Support & Delivery Challenges Remain for Both: Cognizant is a prominent player in the market, often a top choice in purchasing decisions.

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Integration Medicaid Medicare Healthcare 98

HIT Consultant

AUGUST 28, 2023

Key Insights into Payer Claims and Administration Platforms 2023 Cognizant & HealthEdge Are Clear Mindshare Leaders; Support & Delivery Challenges Remain for Both: Cognizant is a prominent player in the market, often a top choice in purchasing decisions.

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Integration Medicaid Medicare Healthcare 96

HIT Consultant

DECEMBER 21, 2021

The FCC’s COVID-19 Telehealth Program supports the efforts of health care providers to continue serving their patients by providing reimbursement for telecommunications services, information services, and connected devices necessary to enable telehealth during the COVID-19 pandemic. Round 2 is a $249.95 – Compass Health in St.

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Telemedicine Remote Care Hospitals Urgent Care 98

Vie Healthcare

FEBRUARY 3, 2022

How Simplify OR ensures vendor contract compliance, patient account charging and charging compliance. And I thought “great, I’m moving into purchasing, this is high tech.” ” And when I got into purchasing they batch, uh, remember AS400? The benefits of automation and the positive impact on patient care.

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Process improvement Nursing Hospitals Accountability 97

Home Health Care

MAY 30, 2023

Post-acute care has steadily been shifting toward value-based care and away from fee-for-service payment models. If you’re starting right now, partnering with another organization — especially the payviders — is a great place to start,” Devin Woodley, vice president of managed care contracting at VNS Health, said during the panel.

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Primary Care Medicare Accountable Care Accountability 83

Vie Healthcare

MARCH 18, 2022

Together they discuss the good, the bad and the average of purchased services benchmarking. the majority of organizations are not able to run a report on specific purchased services to get to the line item details…. Hint: when GPOs negotiate a better deal mid-contract, that deal is not passed on to hospitals.

Healthcare 52

Healthcare Hospitals Performance improvement Patient Experience 52

Vie Healthcare

MARCH 18, 2022

Together they discuss the good, the bad and the average of purchased services benchmarking. the majority of organizations are not able to run a report on specific purchased services to get to the line item details…. Hint: when GPOs negotiate a better deal mid-contract, that deal is not passed on to hospitals.

Healthcare 52

Healthcare Hospitals Performance improvement Patient Experience 52

Health Populi

JUNE 10, 2021

20% of people used online health services, and 20% intent to keep using them. Smartwatches also have the 8th highest purchase intent among U.S. consumers (below smartphones, portable charters, home video games and other tech’s), with 63% of those people intending to buy a smartwatch repeat purchasers. Millions of U.S.

Regulations 173

Regulations Health Data Accountability Prevention 173

Vie Healthcare

JUNE 28, 2022

Hospitals will have to ensure that they’re creating a PL to their contract pricing. In any case, how do they track the implants off contracts? If an implant is not on contract, in the charge master, or the item master, there can be 23 touch points between three departments. Department 3: Purchasing Agent — Purchasing.

Hospitals 52

Hospitals Nursing Accountability Healthcare 52

Healthcare ECONOMIST

OCTOBER 30, 2023

In Caremark’s place, Blue Shield of California will contract out the job to five separate companies…Blue Shield of California, or BSCA, expects to save $500 million a year from the move, calling it a “milestone” for a “broken prescription drug system.” That is the news according to a report in Healthcare Dive.

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Integration Healthcare Pharmaceuticals 75

Home Health Care

MAY 26, 2022

Many nonprofits are standalone operations covering a relatively small service area,” one hospice CFO from the San Francisco area told Hospice News in 2019. An enhanced ability to contract with payers, more bargaining power with vendors and greater economies of scale are a few of the strategic advantages of “the care collaborative model.”

Medicare 74

Medicare 74

Home Health Care

FEBRUARY 28, 2023

I think the real question lies in what sellers and purchasers are thinking,” Addus Chairman and CEO Dirk Allison said on the company’s fourth-quarter earnings call Tuesday. “I I think from us, as purchasers, … we’re trying to be very careful and strategic as to what we pay for deals until we truly understand the ruling,” he added.

Accountability 89

Accountability Medicaid Medicare Regulations 89

Home Health Care

MAY 5, 2022

But the spotlight on the company has never been brighter, thanks to UnitedHealth Group’s plan to purchase the provider for $5.4 The Lafayette, Louisiana-based LHC Group delivers home health, hospice, and home- and community-based services, as well as facility-based care, across 37 states and the District of Columbia. year over year.

Nursing 86

Nursing 86

Vie Healthcare

SEPTEMBER 28, 2021

Hospitals are turning their focus to purchased services spend. Most spend on purchased services is driven by departments, for instance, revenue cycle, IT, and laboratory services. At VIE Healthcare®, we regularly see that only 15-20 percent of purchased services spend is overseen or managed by the supply chain.

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Hospitals Prevention Healthcare 52

Vie Healthcare

AUGUST 3, 2021

In this video, I discuss why we fully automate purchased services spend analysis at VIE Healthcare. We were working with a client to identify cost savings opportunities in their purchased services spend. The only way to get accurate utilization data is on the purchased services invoices. Off contract spend.

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Hospitals Healthcare 52

Vie Healthcare

JANUARY 24, 2024

Episode Introduction Lisa outlines how getting to the line-item details in purchased services was the key to early success, the ‘what-if’ questions that led to patents, and why hospitals should never settle for 10% in savings when digging deeper might lead to 25%. So they’ve got one shot at this contract renewal.

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Hospitals Healthcare Healthcare Finance Nursing 52