Description
After this session you’ll be able to:
- Examine financial pressures in healthcare.
- Identify creative approaches to cost savings and expense reduction.
- 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.