News and Insights

Cost Improvement

Length of Stay – The Management Headache That Won’t Go Away

HealthLeaders Media

Like antibiotic-resistant bacteria, the challenge to reduce length of stay (LOS) persists…despite the best efforts of even the leading healthcare organizations. And this uncomfortable reality comes at a time when the need to improve LOS couldn’t be greater. The current financial crisis notwithstanding, as operating margins have continued to shrink…

Managing Variability in Cost and Quality

Numerof Brief

Spiraling healthcare costs and growing concern over the quality of patient care are topics of intense focus across the industry. One key to improving quality and reducing cost lies in monitoring, analyzing, and reducing variability that does not add value. These capabilities are critical now, and will become even more…

Getting Better At Reducing Costs

Numerof Brief

It’s hard to imagine a more stressed industry than healthcare delivery. Hospitals and systems have been facing ongoing pressures to raise quality, reduce costs, and increase revenues in an environment of reimbursement constraints, demographic shifts, and accelerating technological change. The consensus at this point however, is “not good enough”. The…

Serving More Patients with Your Existing Bed Count

Numerof Brief

It’s hard to imagine a more stressed sector than healthcare providers. All healthcare delivery organizations have been facing on-going pressures to raise quality, reduce costs, and increase revenues in an environment of reimbursement constraints, demographic shifts, and accelerating technological change. New types of competition are emerging, including physician collaborators-turned-competitors that…

Staying Financially Viable

Numerof Brief

It’s hard to imagine a more stressed industry than the healthcare provider industry. All healthcare delivery organizations have been facing on-going pressures to raise quality, reduce costs, and increase revenues in an environment of reimbursement constraints, demographic shifts, and accelerating technological change. New types of competition are emerging, including physicians…

Align Process with Mission and Maintain a Contented Workforce

HFM Magazine

Healthcare financial managers have felt steadily increasing pressures over the past decade to reduce costs. A common quick fix for cost containment has been cutting “nonessential” staff and services.  Although this approach may reduce targeted operating budgets, some unintended consequences with significant and long-lasting implications have also occurred. Typically, staff…