Find the Hidden Dollars in Your Hospital (Without Reducing Labor) It's not easy for hospitals and health systems to bring in more money, let alone understand where they are losing it. For the May/June issue of HealthLeaders magazine, I spoke with several healthcare executives who shared cost-cutting ideas that don't include reducing labor. These ideas include a clinical-based approach, a financial fix, and a hybrid solution, all of which help healthcare organizations find those hidden dollars. Survey time: I'm always looking for new ways to improve on how I deliver information that assists you in overcoming the most pressing financial challenges. Please take a few minutes to complete this quick survey about financial leadership content and enter for chance to win a free prize. Another important reminder: Our 2019 CFO Exchange held at the American Club in Kohler, Wisconsin from August 7 - 9, is getting closer! If you're the CFO of a health system and interested in attending, follow the link here for an invitation. |