Healthcare Margin Improvement Expert, Chief Operating Officer
Richard serves as VIE Healthcare’s Chief Operating Officer and Healthcare Margin Improvement Expert. In this role for over 13 years at VIE Healthcare, Rich identifies and implements dramatic cost savings for VIE’s clients. He has extensive expertise and knowledge of hospital expenses across the organization.
Rich’s specialty is high costs implants in the Operating Room and hospital Purchased Services, where he has worked collaboratively with VIE's clients to save over $290 million during his tenure. Rich also specializes in hospital decision analytics and his ability to analyze big data sets to uncover true costs and cost savings opportunities is unparalleled in the industry.
Prior to joining VIE, Rich spent nine years with two equity sales firms on Wall Street. He applies the same analytical approach he learned on Wall Street to his work at VIE, and has become an expert in finance analytics for healthcare organizations.
Rich is also a skilled negotiator known for his ability to drive down contract costs without sacrificing services or quality. His sharp negotiating skills contribute to his expertise in the difficult areas of physician preference items and clinical preference services.
March 18, 2022
The good, the bad and the average of purchased services benchmarking.
Dec. 2, 2021
Why you should prioritize purchased services and the difference it can make for your hospital or healthcare system.
Nov. 11, 2021
How to out negotiate your vendors and the value and impact it can have on your financials.
Nov. 4, 2021
Discover the competitive advantage of working with a boutique healthcare consulting firm, versus a big brand.
Oct. 28, 2021
Inflation is here and it's going to get worse. As we go into 2022 and 2023, cost focus, expense focus has to be a number one priority.
Jan. 5, 2021
The six categories of purchased services spend and why areas such as outsourced physician services and joint ventures require in-depth forensic reviews and expertise.