Cost Reduction
Healthcare Cost Containment: April 2019
January 16, 2020
10:59 pm
Sponsored by Kaufman Hall
Healthcare Cost Containment subscribers can access the individual articles and web exclusives listed below.
Cost Transformation
Boosting Accountability Helps ProMedica Save $108 Million in 2018
BY LAURA RAMOS HEGWER
Each year, leaders at ProMedica set a 3 percent cost-reduction goal, which they believe is achievable and still has a significant impact on the bottom line.
Margin Management
Setting Targets for Health System Leaders Garners Results
BY BETTY HINTCH
Swedish American Health System found that leaders were able to identify labor and supply chain cost reduction ideas. The health system plans to achieve the same success in clinical variation.
Regulatory Update
Hospitals Targeted in Federal Cost-Saving Ideas
BY RICH DALY
A bipartisan group of policy advocates urged Congress to target hospitals as part of a highly anticipated legislative push on cost control.
Food Services
Hospitals Save When They Reduce Food Waste
BY LAURA RAMOS HEGWER
Leaders can use smarter purchasing, menu planning, and technology strategies to contain costs and reduce food waste in hospitals.
Facilities
8 Tips for Long-Range Cost Savings in Healthcare Construction
BY JEFF JANICEK
By using a patient-centered approach, cost savings can be achieved throughout every phase of a hospital construction project.
Reducing Waste
Viewing Sustainability Through the Cost-Savings Lens
AN INTERVIEW WITH JANET HOWARD OF PRACTICE GREENHEALTH BY LAURA RAMOS HEGWER
Finance leaders often overlook sustainability as a cost-savings strategy and may miss out on opportunities to curb waste and improve the bottom line.
Cost Accounting
Activity-Based Costing: When to Walk and When to Run
From our Sponsor Kaufman Hall
BY CATHERINE SAVAGE AND DANIEL SEARGEANT
As the benefits of a modified activity-based costing approach become evident, finance leaders may decide to dedicate more resources to higher effort “runs” and less to lower effort “walks.”
Operations
6 Steps to Effective Document Retention and Destruction
BY STEPHEN CARRABBA
A document retention policy helps hospital leaders effectively manage paper generated by day-to-day activities.
Healthcare Costs at a Glance
Chronic Disease Most Significant Factor in Care Cost Variation
Chronic disease was the most significant factor in cost of care variations but was less successful in predicting variations in cost growth.
