Cost Containment: Overcoming Challenges

"The schizophrenic reimbursement environment makes [adjusting to a different reimbursement environment] extremely difficult. I feel like I know where we need to go, but getting there is so difficult. It takes your labor productivity standards and blows them up because you have to put extra resources in."
—Charles Hart, MD, CEO of Regional Health Inc., and Report Advisor

This exclusive, original research and analysis offers key insight from top healthcare executives and clinical leaders, including:

  • 90% of leaders say they have succeeded in cutting costs without harming outcomes or patient satisfaction
  • 55% of leaders say even with cost initiatives, they need to pull an additional 4–10% out of their operating budgets; 23% need to pull an additional 11% to beyond 20%
  • In a win for cost containment, 96% of leaders say clinical outcomes have improved or stayed the same under programs to eliminate waste and reduce cost; 90% say the same for patient satisfaction
  • Yet, 30% say reducing costs while maintaining service and outcomes is their single greatest obstacle to cost reduction

Multimedia Requirements: Adobe Reader 9 or later, available for free download. (Past Reader versions require an active internet connection to access audios and videos.)

Report Highlights and Roundtable discussion from HealthLeaders Magazine
A Roundtable discussion and highlights of the Cost Containment Intelligence Report were originally published as a special report in the November 2011 issue of HealthLeaders Magazine.


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