Clinical Supply Cost Reduction Program:
Physician Preference Items & OIG Approved Gain Sharing
Overview:
- M.D. Preference Items Can Increase Hospital Expenses by 25%.
- New Federal Rulings Allowing Gain-Sharing Programs with appropriate OIG approval and protocol.
- VIE Healthcare can design, seek approval and administer an approved gain sharing program, as per the OIG guidelines.
- The Savings are Significant: A 250-Bed Hospital with an average number of cardiac cases, can achieve savings of $2.4 million dollars with a 20% reduction in physician-controlled products.
Expense Management
Spend Analysis
