Transformational cost reduction: A new path for hospitals and health systems

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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