A Sustainable Approach to Reduce Healthcare Costs
Healthcare costs continue to rise, showing a worrying 119.2% increase since 2000, in contrast to an 85% increase in consumer goods and services prices over the same period.
With shrinking margins, inflation, and labor struggles in healthcare not easing up anytime soon, health systems should actively look out for new ways to reduce costs and increase savings.
While the focus has traditionally been on optimizing clinical costs, non-clinical expenses represent a significant portion of a health system’s budget. By strategically managing these overlooked categories, you can free up valuable resources to reinvest in patient care initiatives and build a more financially secure future.
Download our comprehensive checklist to start evaluating your health system’s readiness to optimize non-clinical categories and figure out the next steps to take.