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7 Ways Hospitals Can Trim Costs



Hospitals are under intense pressure to reduce their cost of operations as they prepare for an altered healthcare environment requiring higher quality care at a lower price. Here are some tips from a nurse leader.



4 comments on "7 Ways Hospitals Can Trim Costs"
stefani (5/20/2011 at 10:21 AM)

Slash and burn! Spoken like a true Fellow! First thought out of the gate is to reduce staff even tho the literature has shown that reducing staff compromises care. No matter how you slice it. Sure the correct mix is important, but not as important as instilling a culture of accountability and holding ALL providers accountable for outcomes. The days of medical complacency are over....untill execs are willing to tackle the 800 lb gorilla in the room, hospital culture will remire mired in the 1950s
Ebrahim Meisha (4/16/2011 at 10:11 AM)

Thank you
Lisa Sams MSN, RNC (4/15/2011 at 4:27 PM)

As a CNS who walked in the trenches with staff I commend the recommendations in this article...#5 is particularly valuable. If more folks in hospital director and executive roles shadowed staff the discussion would focus on the bigger picture, not one aspect of operations. How clinicians function is often the direct result of other services that are not designed to focus on patient care. Taking an integrated systems perspective is essential in order to draft an effective action plan that meshes with strategic vision. I've seen RNs waste precious minutes running down supplies or sending specimens placing patient needs second to that of obtaining the necessary resources. A bit like asking the airline pilot to locate the ground unit rather than do pre flight for safety.
John Templin, FACHE, LFHIMSS, DSHS (4/13/2011 at 12:37 PM)

I was disappointed with this article. The 7 ways to trim costs are all valid. Some are easy and quick to do but redesign takes time and money. We need to concentrate on staffing, especially by skill by shift and day of week in order to achieve long term savings. This includes the correct mix of full and part time staff in order to avoid use of overtime or applying a not needed policy.