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Health Systems Need to Completely Reassess How They Manage Costs

Harvard Business Review

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. This was because their expenses grew faster than their revenues, despite cost-cutting initiatives. Here are some examples of what will be required to change the operating culture: Contract rationalization. As the U.S.

Cost 10
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Aligning Your Organization with an Agile Workforce

Harvard Business Review

Too often, purchasing departments manage the selection while operating managers—not involved in selection by fiat—are expected to make the relationship work.