Cost of Care

Healthcare Cost Containment: December 2018

December 13, 2018 8:26 am

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

OR Savings

Mercy Saves Millions in the OR Through Standardization and Automation

By Laura Ramos Hegwer

Surgeons from Mercy’s 41 hospitals worked with perioperative directors to reduce costly physician preference items. The health system also used an inventory management system to improve charge capture and eliminate time-wasting manual processes. Overall, Mercy cut its supply costs by $3.6 million in 12 months.

     Web Extra: Mercy’s Perioperative Supply Cost Dashboard

     Web Extra: Mercy’s Surgeon Supply Cost Scorecard

Process Improvement

Hospital Saves $49M by Engaging Department Leaders

By Laura Ramos Hegwer

Small-scale projects to reduce waste and improve efficiency can add up to boost hospital bottom lines. The key is tapping leaders’ knowledge of what processes need to change.

Reducing Waste

7 Focus Areas for Reducing Healthcare Expenses

By Jon Melling

Healthcare providers should focus on seven areas to control costs and maximize savings while continuing to deliver high-quality patient care.

Physician Practices

Purchased Services Contracting for Employed Physician Practices Cuts Cost, Improves Service

By Ryan Bowcut and Merrie Wallace

Piedmont Healthcare saved almost $90,000 for its employed physician practices by securing a purchased services contract for after-hours answering services. 

Clinical Costs

From Professional Evaluation to Clinical Excellence

From our Sponsor Kaufman Hall

By Jennie Dulac

Leading hospitals are stretching farther and using actionable data on physician performance to accelerate overall performance improvement.

Regulatory Impact

Some Regulatory Reduction Plans Draw Hospital Concerns

By Rich Daly

Areas of concern include transfer agreements and patient status.

Healthcare Costs at a Glance

Pressure Ulcer Prevention Can Save Costs

Pressure ulcer treatment can be as high as $150,000 and can add approximately $40,000 to a hospital stay.

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