Cost Reduction

Avoiding Costly Mistakes When Purchasing Financial Software

By understanding what to include in their RFPs, finance leaders can make sure they select the best cost accounting, decision support, and business intelligence platforms.

Laura Ramos Hegwer June 11, 2018

Pursuing an Integrated Approach to Pharmacy

This article looks at Premier’s work in helping health systems improve their pharmacy operations to be more integrated, cost-effective, and patient-focused. 

HFMA May 25, 2018

Have Hospitals Done Enough to Reduce Costs?

John Johnston describes the need for a meaningful, long-term plan to cut costs.

John Johnston May 2, 2018

Top 5 Factors Essential for Pharmacy Revenue Integrity

Maintaining pharmacy revenue integrity requires accurate, longitudinal data; physicians who understand how their prescribing decisions affect revenue integrity; and real-time data. With that information, finance leaders can determine the ROI of various drugs.

William Kirsh April 11, 2018

Christiana Care Avoids $100M In Costs by Improving Quality, Cutting Waste

Leaders at Christiana Care have reduced waste by ensuring appropriate use of telemetry and modifying their electronic health record to eliminate ordering of automatically recurring lab tests. They also have improved outcomes by better managing blood products and using a care management tool to target at-risk groups.

Laura Ramos Hegwer April 10, 2018

Hidden Costs of Duplicate Patient Records

Accurate patient data is more important than ever as value-based payment models take hold. An enterprise-wide database is one solution to avoid duplicate patient records that negatively affect productivity and costs.

Gordon Cooper April 10, 2018

Leading Hospitals Turn to Advanced Strategies for Pharmacy Savings

Organizations like Froedtert Health and Intermountain Healthcare are working on both internal and collaborative strategies to reduce pharmacy costs and improve clinical care.

Laura Ramos Hegwer April 10, 2018

Pursuing Data-Driven Workforce Management

This article discusses how Premier Inc. partners with health systems to reimagine workforce management, offering integrated data and advisory services to improve efficiency, reduce costs, and drive performance.

HFMA March 23, 2018

March 12-16 Policy Watch: Congress to Review Drug Price Controls in Budget

March 8—The Trump administration has begun to put specifics behind its standing priority to reduce the cost of prescription drugs, including in its budget, which will be reviewed by a congressional panel next week.

Rich Daly March 8, 2018

How Cleveland Clinic Saved Millions Through Smarter Energy Use

The Office for a Healthy Environment at Cleveland Clinic has launched several initiatives to manage its heating, ventilation, and air conditioning costs, which can drain the energy budget. For example, using setbacks to lower the thermostat just two degrees saves $600,000 a year.

Laura Ramos Hegwer February 8, 2018
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