Health Systems Must Find Ways to Cut Expenses or They'll Go Out of Business
September 29, 2017, by Scott Rupp
It’s the story old as time, true as it can be, but nearly all hospital executives say that costs should transform expectedly. With healthcare and money, it’s a beauty and beast-type tale. Transforming costs are important, but that transformation is not always pretty. Apparently, about one-quarter of U.S. hospitals and health systems don’t have cost reduction goals established for themselves over the course of the next half decade – that’s a real beast. [cont...]