Healthcare Cost Containment: December 2016

Healthcare Cost Containment subscribers can access the individual articles and web exclusives listed below.

Supply Chain

Cleveland Clinic Saves $22M in Pharmacy Costs with Help from a Dashboard Tool

By Laura Ramos Hegwer

Cleveland Clinic’s 2016 prescription drug savings resulted from smarter pharmacy sourcing, thanks in part to new technology developed in-house and greater visibility into drug price changes.

New Delivery Models

The Cost of Delaying the Move to Value-Based Care

By Ty Tolbert

Using a calculator tool, healthcare finance leaders can project the costs and benefits of value-based care under different scenarios and make the case for what their organizations have to gain—or lose—by delaying or adopting value-based strategies.

Labor Costs

How One Florida Healthcare Organization Tackled Recruitment Challenges and Saved $3M

By Jill Schwieters

Health First exceeded its goals for improving new hire retention rates and satisfaction, resulting in significant cost savings and happier hiring managers.

Decision Support

Palliative Care Results in $1.7M Savings While Improving Outcomes

By Laura Ramos Hegwer

A decision support system helped a hospital measure its cost savings from palliative care and justify expanding the service.

Labor Management

A New Approach to Support Staffing in Physician Practices

By Cynthia Peters Arnold

From our sponsor Kaufman, Hall & Associates

Organizations should adapt support-staffing levels for physician practices using a comprehensive approach, including a variety of factors such as provider mix, productivity, and the level of patient access.

Managed Services

Savings and Efficiency Attainable by Partnering with Managed Service Providers

By Leanne Oatman

Vendor-neutral managed service providers can help health systems achieve savings and program efficiencies across multiple high-cost areas, including labor and supplies.

Infographic

Employee Wages and Rising Drug, Equipment Prices Present Cost Challenges

Wages and benefits account for almost 60 percent of inpatient hospital costs, reflecting the importance of people in the care process.