Is Your Health System Ready for Direct-to-Employer Contracting? Four Keys to Success

06/18/21

A growing number of self-insured employers are bypassing traditional benefit networks offered by insurers and instead contracting directly with health systems to deliver health care services to their employees. Rising health care costs along with employers’ focus on improving quality and increasing patient engagement are key drivers fueling the growth of direct-to-employer contracting. Here are four keys to success for health systems who are positioning for success in direct-to-employer agreements.

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Five Things you Can Do Right Now to Protect your Health System Pharmacy from Cyber Intrusions

06/08/21

Cyber intrusions continue to plague health care organizations and the impact has been heightened during the COVID-19 pandemic as resources and personnel are stretched thin and cyber attackers take advantage of increased vulnerabilities. As we move through the pandemic, we expect the rate and severity of cyber intrusions to rise. Here are five steps that pharmacy leaders can now to prepare and protect against cyber intrusions as well as to limit the impact when they occur.

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Aligned for Success: 3 Ways to Strengthen the Relationship Between Hospital Contracting and Clinical Value Analysis Teams

05/25/21

Clinical value analysis, in its essence, is a decision-making platform where the clinical value analysis team pulls data and information from various sources to tell a story around the initiative at hand. Most health care leaders believe their hospital supply chain and clinical strategy teams are working in alignment to achieve organizational goals for cost and quality of care. However, in our experience that is often not the case.Here's three ways to strengthen the relationship between hospital contracting and clinical value analysis teams

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Four Steps to a Strong Hospital Food Service Benchmarking Process

05/20/21

It sounds simple, but one of the secrets to success for food service managers is to know your business. Food service managers are challenged every day to justify spend, capital investment, manpower and productivity. A solid benchmarking process that is adaptable and can be maintained will provide you with an understanding of where your hospital fits within today’s competitive market as well as the data that’s needed to make the best decision for your hospital. Here’s four steps to ensure your food service benchmarking process is optimized to provide the most valuable information that you need for your stakeholders.

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Medicine, Mortgages and the Middle Class

05/18/21

In his latest blog posting entitled “Medicine, Mortgages and the Middle Class”, Vizient Research Institute executive director Tom Robertson takes a new look at an old economic concept that will change the way we think about health care spending. 

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Four Ways Hospital Supply Chain Leaders Can Get the Most Value from their GPO in the Facilities and Construction Space

05/11/21

As hospital supply chain departments evolve, they likely will have driven out most all operating expenses in the traditional spend categories. To continue to achieve the savings target supply chain departments are tasked with every year, they will have to explore new spend categories for value, savings and optimization. Here are four opportunities where hospital supply chain leaders can derive value and savings from their group purchasing organization (GPO) in the facilities and construction space.

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Leadership Rounding: Shifting to a Tracer Approach for Regulatory Compliance

05/05/21

Are you a clinical leader, new accreditation professional or someone who is tired of performing the traditional “audit” to evaluate regulatory compliance? There has to be a better way, right? There is. You can shift from spending your time behind the computer sifting through emails and medical records, to engaging staff in a meaningful way to evaluate the care treatment and services being provided. Oh, and you will still be able to verify regulatory compliance and check the box on the audit form. Let me introduce you to leadership rounding and the tracer approach.

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A Celebration of Nursing: Team Sport of the Year

05/03/21

Over the past year, health care leaders and organizations nationwide have been focused on how best to support health care providers during the COVID-19 pandemic. In a workforce that shoulders plenty of burdens in their day-to-day practice, the pandemic blanketed nurses in another layer of stress, uncertainty, fear and distress, but their team is what helped to get them through. That's why during National Nurses Week, we're naming nursing the “team sport of the year”.

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CMS Updates its Star Ratings: A Simpler Methodological Approach Provides Clarity Needed to Drive Change

04/29/21

Whether you are a hospital administrator, a physician, a nurse, or other member of your hospital’s family, you know well the true north of our daily purpose is to provide quality health care to patients. And the compass that helps us navigate that course is data. So where do hospitals and consumers go to get this data? One source is the Overall Hospital Quality Star Ratings. Here are several important changes from yesterday’s CMS update to its Overall Hospital Quality Star Ratings as well what additional changes are still needed.

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Driver’s Ed and Molecular Biology

04/27/21

In his latest blog posting entitled Driver’s Ed and Molecular Biology, Vizient Research Institute executive director Tom Robertson reflects on a sense of gratitude and optimism over receiving the COVID vaccine.

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