The healthcare industry is becoming increasingly competitive and more hospitals are facing pressure to cut costs. One company (888-484-3332) has updated its cost-saving technology, so CFOs can maximize earnings without compromising quality of care.
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VIE Healthcare Consulting’s technology provides hospitals with insights into their purchased services expenses, enabling CFOs to reduce costs and implement a cost management system. The technology patented technology is fully automated, giving hospitals a simple solution for managing costs.
For more information, visit: https://viehealthcare.com/purchasedservices
This latest announcement gives hospital CFOs the tools needed to cut non-labor costs, maximizing their profits without having to cut back on essential staff or services.
Purchased services expenses represent a significant portion of hospital spending. According to one study, approximately 20% of a hospital’s total operating costs are dedicated to purchased services expenses. Costs of outsourced services such as laundry and patient meals are often overlooked, leading hospitals to overspend an average of $39 billion a year on purchased expenses.
VIE Healthcare Consulting responds to these trends by offering hospitals an automated system for tracking their purchased expenses, enabling them to better understand how their budget is being spent. The technology gives CFOs an opportunity to get to grips with their 3rd party contracts and find opportunities to improve service and save money.
The software analyzes invoice line items, finding hidden cost savings in each purchasing department list. By using the automated tool, hospitals can prevent human error associated with manual invoice analysis and ensure consistent reporting.
Hospitals can also use the technology to build Request for Proposals (RFPs) with their 3rd party partners. The software will analyze the last 12 months of invoice line-item analysis to provide a starting point for RFP or contract renegotiations.
Prospective clients can get in touch with the company by filling out a short form on their website. A representative will promptly respond to answer any general inquiries regarding the hospital’s unique situation.
Founded in 1999, Vie Healthcare Consulting has developed a strong reputation for its cost-savings solutions. The company has helped clients save a total of $776 million in non-salaried expenses over the years. With this announcement, the healthcare consultants reaffirm their commitment to providing clients with high-quality software tools to thrive in the increasingly competitive healthcare industry.
One satisfied client said: “I have worked with VIE Healthcare in my past two organizations and they were highly effective in identifying and achieving cost savings opportunities in Clinical, Financial, and Operational Purchased Services. I highly recommend VIE Healthcare.”
Interested parties can learn more by visitinghttps://viehealthcare.com/purchasedservices
Contact Info:
Name: Lisa Miller
Email: Send Email
Organization: VIE Healthcare Consulting
Address: 2111 New Jersey 34, Wall, New Jersey 07719, United States
Phone: +1-732-359-7646
Website: https://viehealthcare.com/
Release ID: 89075929
