Hospital Chiefs: Cut Costs with Care

One in five hospital CEOs needs to pull 11% or more out of his or her operating budget. Deep cuts may be necessary, but they must be made carefully to avoid harm to quality care and staff morale, leaders say.

4 comments on "Hospital Chiefs: Cut Costs with Care"
Frank (2/23/2013 at 1:52 PM)

Isn't it better to push for higher taxes and premiums rather than cut spending in vital areas?

Any type of effective management requires the participation of all members of the Organization, making all them responsible for the success that management and results. The remuneration of employees should be adjusted to the work done and achieved savings. Only when the employee see that his effort is rewarded, it will continue in that effort.
ERB (2/13/2013 at 1:24 AM)

Start cutting the force flu vaccine! Between the cost and ALL the advertizing trying conveince us the are needed{LOL} and r for patient safey{LOL} they could use the $ on something that is really needed
Michael Goodson (2/9/2013 at 5:05 PM)

Dollars pulled out of the operating budget should first come from opportunities to optimize the supply chain and through elimination of costly variations in patterns of care that result in higher operating expenses while not contributing to quality clinical outcomes. It's a shame to lay off employees first when a facility continues to incur unnecessary costs that can be eliminated. Those savings go directly to the bottom line with no increase in revenue of layoffs. Employees will be justifiably angry if laid off while opportunities to remove unnecessary costs were still being incurred.


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