The Challenge of Patient Engagement

This article was written by Jim Cagliostro. The challenge of patient engagement in healthcare has been prioritized at the top of some healthcare systems’ agendas, while seemingly going unnoticed in others. The problem lies in communication. We live in an age … Continue reading

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Top 7 Ways to Add Hospital Profit Margin Within 30 Days

This article was written by Lisa Miller. The relentless rise of non-labor hospital costs is expected to continue throughout 2019. For many healthcare executives, cost control has overtaken revenue growth as their strategic priority with a growing focus on strategies … Continue reading

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Understanding Data Sources In Healthcare

This article was written by Bryan Covert. The first step to achieve meaningful costs savings is to identify the initial opportunity, often helped by understanding data sources in healthcare. All healthcare organizations work with an overwhelming number of purchased services vendors, … Continue reading

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Hospital Cost Improvement Strategy

EXECUTIVE SUMMARY “As a general principle…about one third (of hospitals) have margins that are above zero, probably about one-third of hospitals are pretty close to zero…. and about one-third are running in the red.” – GARY J. YOUNG, DIRECTOR OF … Continue reading

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Reducing Blood Service Agreement Costs

This article was written by Pandush Mitre. When was the last time you reviewed your blood services agreement with a view to reducing your blood service costs? Blood services are a big part of patient care, so hospitals will always incur … Continue reading

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