Intelligence Unit
Cost Containment: Overcoming Challenges
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"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." |
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.
