Assessment & Quiz Test System | Concord Business Services, LLC

Analysts estimate that purchased services invoice errors account for as much as 3-7% of hospitals' total costs.

How can YOUR hospital uncover the hidden opportunities for margin improvement hiding within your purchased services spend?

To empower you to answer that question, we created this concise assessment. Its power comes from VIE Healthcare's experience showing hospitals like yours how to use best practices in critical areas to take control of your purchased services costs--experience that has generated more than $745 million in non-labor cost savings and revenue improvements.

Your answers to these quick questions will let us provide (1) a detailed evaluation of your current practices and (2) personalized recommendations in three key areas:

Margin improvement strategy,
Purchased services, and
Best practices for hospital adoption.

Once you submit your answers, you can download your results and recomendations in a PDF.

Which of the following best describes your hospital?

Your hospital has a formal, documented, 2-3 year cost saving strategy

Because your hospital doesn’t have a formal, documented, 2-3 year cost-saving strategy, each department employs an individual cost-saving strategy

And which of these statements best describes your hospital?

Your hospital follows a formal cost savings system to identify and take out costs

Because your hospital doesn’t have a formal system to identify costs, each department or leader has their own process

Do you plan to invest in supply chain and procurement in the next 12 months?

Yes

Progress: