This research report was written by Lisa Miller. Cost reduction in the OR: Even small adjustments in performance can have significant economic impact in the operating room. High cost implants and supplies are a constant challenge for hospitals to manage for competitive pricing and for inventory controls. There are 4 lesser known strategies that your
This research report was compiled by Lisa Miller. Increase Hospital Profit Margin EXECUTIVE SUMMARY The relentless rise of non-labor hospital costs is expected to continue. For many healthcare executives, cost control has overtaken revenue growth as their strategic priority with a growing focus on issues related to healthcare profit margin management and improvement.¹ Drawing on
The 2019 Hospital Leadership Report This research report was compiled by Lisa Miller. EXECUTIVE SUMMARY Robust leadership in the healthcare sector has never been so critical. Delivering quality care and patient satisfaction while ensuring financial sustainability are just some of the issues facing today’s healthcare leaders. In this 2019 Healthcare Leadership Report from VIE Healthcare®
This research report was compiled by Lisa Miller. Guarantee Performance From Outsourced Providers EXECUTIVE SUMMARY Historically, revenues in the healthcare sector have generally risen faster than expenses, allowing room for flexibility and margin improvement within hospital budgets. That trend is changing. More recently, the growth of expenses has begun to outpace that of revenues and
Strategically Improving Healthcare Costs This research report was compiled by Lisa Miller. 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 THE CENTER FOR
