Are you looking for near-term savings in the wrong places?

Are you looking for near-term savings in the wrong places

If you need to cut hundreds of thousands (or millions) in operating costs within the year, you’ll need a different strategy.

Nearly 80% of health system executives report they need to aggressively cut operating costs within the next three years. The "go-to" strategy for many leaders is to disproportionately focus on labor budgets—specifically nursing labor budgets.

However, even though labor represents a sizeable amount of hospital operating costs, it has a relatively small cost-saving opportunity. There are three often overlooked opportunities for achieving near-term savings: care protocols, supply waste, and unfavorable contract terms.

Discover 11 strategies that can generate significant, hard dollar savings within 9-18 months and that apply to all organizations, regardless of payer environment.


Want more best practices and strategies for retaining top talent and overcoming nurse manager overload? Join us for the 2016-17 Nursing Executive Center National Meeting.

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