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How to Save $125M+ in Healthcare Operations Costs

Date: October 1, 2025, 11:00 AM PT (2:00 PM ET)

Staffing shortages, rising operational costs, Medicaid cuts, and tariffs have been threatening hospital margins. In our recent session, attendees discovered how to create a single, trustworthy source of truth to predict their hospital’s tariff exposure, spotlight hidden waste, and turn insights into immediate savings—without overhauling existing data systems. We discussed how to build an executive playbook to pinpoint exactly where to unlock 20–30% savings.

 

We covered:

  • The VSee approach to fixing fragmented multi-system data—without burdening IT or data teams
  • Concrete tactics for fast financial wins, such as 5–10% supply chain cost reduction and 12–18% implant savings
  • The payoff: up to $600M+ per system at full potential—plus improved analytics, billing, and safety data
 

Missed it or want to revisit key points? [Watch the webinar recording here!]


Speaker

Mike Ferris

Mike Ferris, MBA  
CEO, Diverse Healthcare Solutions

Host

MiltonChen-square-2703px

Dr. Milton Chen
CEO, VSee

Watch On-Demand Fix Operations Costs Webinar
Mike Ferris
About Our Speaker

Mike Ferris, MBA 
CEO & Cofounder, Diverse Healthcare Solutions

Mike Ferris is a seasoned healthcare executive and serial entrepreneur with years of experience in healthcare operations, sales, and business process consulting. With nearly 2 decades of experience in healthcare,  he specializes in Healthcare Supply Chain, helping hospitals turn data into savings—standardization, sourcing, and site‑of‑service. He previously co‑founded and held multiple management roles at Management Health Solutions, a leader in clinical supply‑chain cost containment and is an Association for Healthcare Resource and Materials Managers (AHRMM) Lifetime Fellow and former board rep. Mike is also the co-founder of Saving Lives Foundation, a nonprofit organization providing financial assistance to individuals and families of patients stricken by life-threatening diseases.

https://www.linkedin.com/in/michael-ferris-b40b408/
MiltonChen-square-2703px
About Our Host

Milton Chen, PhD
CEO & Cofounder, VSee

Dr. Milton Chen is the CEO and cofounder of VSee, the telehealth company born in the visionary Stanford University Human Computer Interaction (HCI) Lab, where Dr. Chen completed his PhD on the psychology and social factors of video communication. Dr. Chen also co-authored the XMPP video standard, and coded the prototype VSee system. A leading voice in telehealth technology design, he has had the honor of deploying VSee for celebrities and world leaders such as Hillary Clinton, Angelina Jolie, Ban Ki-moon, and former President Obama’s Inauguration. Today, VSee serves 1000+ organizations worldwide, including HHS, McKesson, GE Health, Optum, DaVita, and NASA Space Station. 

https://www.linkedin.com/in/miltonchen/