Transformational cost reduction: A new path for hospitals and health systems
Published: November 27, 2012

Find out how hospitals can sustainably reduce costs and thrive in an era of declining reimbursements.

Hospitals and health systems are on the brink of a fiscal crisis. They will soon face an estimated 15-25% drop in reimbursements, which could result in the loss of nearly 300,000 healthcare jobs over the next five to ten years. In order to survive, hospitals – even healthy ones – must cut costs by 10% or more while still maintaining or improving their standards of care. Sound impossible? Not if they undertake a proactive, strategic approach to cost reduction. Watch the video to learn how, or read our report, Health system fitness: A proven approach to transformational cost reduction.

Note: This video was originally published by Booz & Company.

 


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