The Hospital’s New Agenda: Pharmacy Cost Savings
Pharmacists who have defined roles focused on effective and efficient use of medications in hospitals are the best-equipped leaders to control rising and unsustainable drug costs. For example, one health system realized a $6 million cost savings through a combination of surveillance technology and empowered, motivated pharmacy leaders.
Determining the Long-Term Value of Labor Costs
Various methods can help healthcare leaders express the savings realized from a reduction in staff time and effort required to complete a task.
A Data-Driven Approach to Physician Performance Improvement
With a data-driven understanding of how and where they can improve, physicians will be eager to close the gap where current outcomes lag behind expected performance.
Textile Budget Considerations: A Laundry List
An efficient textiles program can help a health system maximize dollars allocated to linens and uniforms and result in better patient outcomes and satisfaction.
SKU Optimization Initiatives Can Create Cost Savings in an Era of Value-Based Care
By assigning stock-keeping unit (SKU) information to equipment and supplies, hospitals can realize cost savings.
Advanced Practice Providers Optimize Efficiency and Improve Financial Performance
Phoenix Children’s Hospital optimizes its advanced practice provider staff to ensure clinicians are working at the top of licenses, improving productivity and cost efficiency.
Advanced Practice Provider Strategy Improves Results
When advanced practice provider growth exceeds plans, it can lead to the costly challenges.
New Approaches and Technologies for Improving Cost Performance in Health Care
One health system tackled their readmissions problem by identifying reasons for overstays.
Winning Strategies to Transform Health Care in 2019
Healthcare providers should keep certain best practices in mind when choosing new technology in 2019.
Using a Lab Formulary to Improve Value
In an effort to improve the value of the care it delivers, Vanderbilt University Medical Center uses a multidisciplinary committee to determine which lab tests to make available to providers.