Effective cost containment is increasingly vital as volatility continues to rock the nation’s hospitals and health systems. Healthcare leaders must move beyond one-off cost-cutting initiatives and implement comprehensive and ongoing cost containment efforts.
This e-book describes four key strategies to help make cost containment an intrinsic part of your organization’s everyday operations:
- Improve understanding of organizational costs
- Build engagement throughout the organization
- Link labor costs and productivity
- Provide robust tools for data-driven decision-making