The Georgia Hospital Health Services in Partnership with VIE Healthcare Invites You to a “Closed-Door” C-Suite Educational Seminar: What The C-Suite Needs To Know About Expense Reduction Initiatives Leave No Stone Unturned In Search Of Savings Opportunities The 5 Key C-Suite Questions VIE Will Address: 1. 2. 3. 4. 5. How can I provide sustainable cost savings for my hospital? How can I manage my organization through the emerging landscape of healthcare reform? How do I eliminate the complexity of expense reduction metrics? What are the critical success factors to increase my bottom line? How can I lead an exhaustive analysis and open my employees to all the expense reduction opportunities? See What Other Hospital Leaders Say About VIE Healthcare’s Expense Reduction Seminar: CEO Testimonials: “The knowledge base of expense reduction strategies is a strength of VIE.” • “VIE’s strategies, ideas, examples and suggestions are the best in the industry.” • “VIE has a very comprehensive approach.” • “Great training service – needed today more than ever.” CFO and Finance Testimonials: “You provided us with a year’s worth of strategies and ideas to implement for hospital cost savings.” • “Very informative training program.” • “A lot of information, thank you.” EXPENSE REDUCTION SEMINAR INFORMATION: February 25th from 11 AM to 4 PM at the Marriott Macon City Center We have reserved a seat for you. To secure your seat, please call Denise Bisogno at (855) 303 5529, or email at [email protected]. RSVP by February 13th, 2014 Special Guest Speaker: Chris Evert We are excited to have Chris Evert as our guest speaker. She is a tennis legend. Chris Evert was ranked #1 in the world for seven years, holds 157 single titles, and was named “Top 50 Athletes of the 20th Century” by ESPN. In 1995, Chris Evert was the fourth player ever to be elected unanimously into the International Tennis Hall of Fame. She was the sole inductee for that year. Chris retired from Professional Tennis in September 1989, after her final match in the U.S. Open. One month later, she was hosting the first Chris Evert Pro-Celebrity Tennis Classic in Boca Raton, Florida. Over $20.6 million dollars of donated funds has been distributed to worthwhile programs all over Florida. The Chris Evert Children’s Hospital at Broward Health Medical Center, named after Broward native Chris Evert, is one of less than 200 facilities recognized in the United States by the National Association of Children’s Hospitals. In 2006, the children’s hospital opened a newly renovated, expanded pediatric sedation unit, the only one in Broward County. The pediatric sedation unit specializes in the safest techniques for pediatric sedation. In November 2007, the Chris Evert Children’s Hospital at Broward General received the Ernest Amory Codman Award for their advances in pediatric sedation. During a question and answer session, Chris will discuss lessons learned about remaining competitive during challenging times. Vie Healthcare Is Uniquely Positioned To Help Hospitals Stay Ahead Of The Curve By Providing Proven Expense Reduction Strategies And Trend Monitoring That Drives Significant Savings For Hospitals Across The U.S. One of the C-Suite’s responsibilities is to lead their organization and provide strategic guidance through the maze of Healthcare Reform. These leaders must be able to use metrics that create accountability for the whole organization. Additionally, they must be results-orientated and clear a pathway for generating deep, sustainable solutions for their hospitals. For leaders, many questions arise when expense reduction is considered as a solution. VIE Healthcare uses best practices in strategic cost reduction to achieve savings for hospitals nationwide. We have unique insight into areas that other consultants routinely miss. Our industry knowledge is coupled with an innovative, replicable and viable approach, and our mission is rooted in our keen, atypical processes. We have used our distinctive methodology to realize savings of more than $350 million over the last 14 years, including $10 million dollars saved at just one Georgia Hospital. VIE Healthcare has partnered with the Georgia Hospital Health Services to provide you with a complementary expense reduction symposium, What The C-Suite Needs to Know About Expense Reduction Initiatives. We will provide a road map for the C-Suite that assists in the following areas: Operating Room Optimization, Vendor Negotiations, Purchased Service Contracts, Engaging Employees for Cost Savings Ideas, Utilization and Resource Management, and Hospital-Physician Alignment. We Will Discuss: 1. 2. 3. 4. 5. 6. 7. 8. 9. The strategies to maximize the opportunities that exist in your hospital. Two recent case examples of how CEO, CFO and COO teams led their hospitals through organization-wide expense reduction initiatives, adding millions of dollars to the bottom line of their organizations. The reasons why it is absolutely essential to the success of all hospital expense reduction initiatives that the C-Suite leads with standards, milestones, and scorecards. The spend on supplies and service, putting this expense category into prospective as it is a significant driver for maximizing a hospital’s performance. Currently increasing at almost twice the rate of labor and at a current total of $310 billion in the US each year, this area demands every CEO, CFO, and COO’s focus. The variability that exists between hospitals in pricing, waste and utilization and how this represents a tremendous opportunity for you. Studies show that this opportunity is $1,200 per discharge. Trends and innovation in best in class expense reduction initiatives. Where you can identify “easy” cost savings. The 17 ways from which profits leak out of hospitals. A functional plan with C-Suite accountability you can implement now to drive every possibility of savings in your hospital. Why Focus on Supply Spend and Cost Reduction Now? Savings on supplies and services can consume up to 51% of the total revenue. Improvements of these costs create a significant savings opportunity. Reserve your space now. Only 100 seats are available – this event will reach maximum capacity. 855-303-5529 [email protected] www.VIEHealthcare.com 1973 Route 34, Suite E11, Wall, NJ 07719