Hospital Expense Reduction Specialist Training Program Modules
Module 1 Overview: The business of Hospital Expense Reduction & Operational Improvements (Over 100 areas to look for savings)
Module 2 Where to begin: Data collection and How to start your analysis
Module 3 Top Spend Areas & Expense Reduction Opportunities: 90 Day Road-Map to Immediate Financial Results
Module 4 Data Mining, Auditing & Analysis (The Dollars are in the Details)
Module 5 Service & Maintenance agreements: How to perform a quarterly and annual review & why this is essential for cost reduction & more importantly cost control
Module 6 IT & Technology: Audit Everything (Ex. Paying for Software Programs not installed)
Module 7 Purchased Service Contracts: Growing Expense Area. Average spend for services is 33% of total purchase dollars & the potential for savings on purchased services is large. Lack of understanding of current performance on key indicators and numerous providers makes this area of spend a significant opportunity for expense reduction.
Module 8 Hands On Part 1: Samples & discussion of real cost savings projects
Module 9 Contract management system: How to mine opportunities with a robust system
Module 10 Contract Reviews & Vendor Negotiation Skills
Module 11 Reimbursement & The Supply Chain
Module 12 Employee Ideas: Learn how to tap into employees for cost savings ideas
Module 13 Putting it all together: Measuring Cost Savings & Continuous Improvement
Module 14 Hands On Part 2: Your actual projects for opportunity identification & implementation of cost savings