This video was brought to you by Lisa Miller and Rich Dormer. Ways to Save Hospital Costs In this video, Lisa Miller and Rich Dormer present a controversial idea surrounding cost savings at your hospital. Namely, that your cost saving initiatives are a delayed reaction to effective cost management systems. And, unless a major
This video was brought to you by Lisa Miller. Aggregate Spending Analysis In this video, we discuss why aggregate spend analysis and benchmarking from your agreement will leave money on the table and simply doesn’t work. Here’s an example. We had a client that asked us to look at their medical gas costs and
This article was written by Sue Farkas and Jim Cagliostro. Cost Savings and Efficiency of Nurses Nurses increasingly play an integral part in helping health systems to identify cost savings, improve efficiencies, and deliver better patient care. For years, hospitals have faced the reality of growing financial strain. Increasing debt, decreasing revenues and insufficient reimbursement
3 Approaches to Management Cost Savings This article was written by Pandush Mitre. The implementation of a sustainable cost savings and management system in your healthcare organization begins with the reconciliation of your existing contracts and invoices. This is achievable with three steps to a total management cost savings approach. In this article, I will share
Consistency is Key This article was written by Lisa Miller. Albert Einstein gave his students at Princeton the exact same final exam every semester for twenty years. After just a couple of years, his students figured out the predictability of the questions, and so did his fellow professors. One of his peers asked him why
