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Business Management

Going for the Gold with the Cost-Saving Olympics

8:15 AM–9:30 AM Sep 20, 2019 (US - Central)

Rooms 206-207

Description

After this session you’ll be able to:

  1. Examine financial pressures in healthcare.
  2. Identify creative approaches to cost savings and expense reduction.
  3. Discuss customization of tools created for the Cost-Saving Olympics initiative in your own surgical suite.


Why this is important:


Doing more with fewer resources requires both business services and operations to seek creative ways to manage their new norm. At Lehigh Valley Health Network, a Cost-Saving Olympics initiative yielded a $130,000 savings in just 3 months, with a projection of close to $700,000 in annual savings. Learn how their team engaged frontline staff in a friendly competition to help drive cost savings, and how to engage clinical and non-clinical colleagues in expense reduction strategies and innovation. They will share tools from their Cost-Saving Olympics to help you make an impact on your bottom line.

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