Insights

Novia Strategies CEO Nancy Lakier Comments on Clinical Variation in the News

As hospitals and health systems face pressure to reduce costs while improving quality of care, clinical variation – the overuse, underuse, different use and waste of healthcare practices and services with varying outcomes – has become a hot topic. The reduction of clinical variation using care redesign strategies is seen by many industry analysts as Read More >

Taking cost out of supply chain: Make versus buy

Author Janice Davis, Senior Consultant with Novia Strategies, discusses the benefits of two options to reduce supply chain costs, self-distribution and fee management, in her new blog. As the healthcare industry transitions from volume to value-based care, controlling supply chain costs becomes increasingly important. Supply chain executives must continually seek to reduce cost while operating Read More >

6 Strategies to Reduce Readmissions

In this two-part blog, Director Wanda Pell of Novia Strategies shares six strategies to reduce readmissions. Her first blog introduces the burning need to reduce readmissions. The need to manage readmissions continues to feature highly on C-Suite priorities. CFO’s are concerned with the loss of income, CEO’s with the public disclosure, and CNO’s with the Read More >

The Burning Need to Reduce Readmissions

In this two-part blog, Director Wanda Pell of Novia Strategies introduces the burning need to reduce readmissions. Her second blog shares 6 strategies to reduce readmissions. The Affordable Care Act (ACA) established the Hospital Readmissions Reduction Program (HRRP). This program requires the Centers for Medicare and Medicaid Services (CMS) to reduce payments to hospitals paid Read More >

Leveraging Data Analytics to Optimize Supply Availability in the Operating Room

Imagine you are the OR nurse or surgical technician setting up the sterile field for a procedure when you discover that a critical supply or instrument is missing from the case cart. You scan the physician procedure card and see the item is listed but for some reason has not been picked. The patient is Read More >