Various measures such as switching to a generic or private label product, adopting alternative processes and efficiencies and even spending money to save money can help a healthcare business reduce expenses.
Calculating the ROI of Adding Diagnostic Equipment to Your Medical Practice
Adding the latest diagnostic equipment to your medical practice can help you provide better patient care, increase patient satisfaction and create new revenue streams. When adding equipment, however, it is important to keep in mind your patient population and payer mix to avoid an expense that does not benefit your patients or practice.Read Article
Choosing Between Self-Distribution and Outsourcing in Non-Acute Care Settings
When a health system acquires non-acute facilities, materials management has a challenge on its hands. Adapting processes designed for acute-care hospitals to the unique needs of ambulatory care facilities requires flexibility and often, a willingness to change course. Outsourcing non-acute distribution can offer a potentially cost-saving solution.Read Article