The Healthcare Leadership Experience: Richard Dormer Purchased Services and PPIs Cost Savings
The Healthcare Leadership Experience is hosted by Lisa Miller for healthcare leaders who want to think differently and learn how to improve their performance. On this episode, Lisa is joined by Richard Dormer, COO of VIE Healthcare to discuss the good, the bad and the average of purchased services benchmarking. Topics include the seven types of benchmarking, the false sense of security around GPO agreements and why hospitals cannot accurately benchmark by contract alone. Richard also outlines how VIE achieved a $190k cost reduction on a $250k spend for one hospital, and why benchmarking by ratio is a red flag. To stream our Station live 24/7 visit www.HealthcareNOWRadio.com or ask your Smart Device to “….Play HealthcareNOW Radio”. Find all of our network podcasts on your favorite podcast platforms and be sure to subscribe and like us. Learn more at www.healthcarenowradio.com/listen