Healthcare Cost Containment is an essential resource in today's challenging business environment.
Each issue shows how to implement strategic cost management that will reduce labor and supply expenses, enhance operational efficiency, satisfy your patients, and improve your competitive position.
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The New Normal: How 3 Michigan Hospitals Are Responding to the Changing Economic Landscape
As they cope with the highest unemployment rate in the country--and corresponding increases in charity caseloads--three Michigan hospitals are taking determined and creative steps to contain costs and shore up their finances so they can continue to serve their communities.
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Joint Replacement Surgeries: How Do Your Facility’s Costs Compare?
Joint replacement surgeries represent significant opportunity for both risk and return for hospital providers
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Should Hospitals Take a Second Look at Consignment Inventory Management?
In a gloomy economic climate, consignment inventory management offers an innovative way to save money..
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How the Economy Has Affected Hospital Revenue and Expenses
By first quarter 2009, hospitals were holding costs at close to 0 percent annually.
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Changing the "Game" of Custom Procedure Trays
Earlier this year, Sisters of Mercy Health System began producing its own custom procedure trays (CPTs) through the organization’s supply chain division - and has already reduced its overall CPT costs by 20 percent.
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Five Strategies for Working with Physicians to Contain Costs
Although hospitals and physicians are often at odds, it is possible to find a mutual meeting ground that serves the interest of the hospital, addresses the needs of physicians, and makes for a healthier bottom line.
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Recommendations for Reducing Administrative Costs
One-fourth of the more than $2 trillion the United States spends on health care each year goes to administrative functions rather than actual patient care.
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How CFOs Can Drive Efforts to Reduce Waste
One healthcare expert says hospitals whose CFOs push to understand the connection between clinical quality and cost help their organizations achieve cost savings from quality improvement projects more quickly.
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