One of the common cost-cutting mistakes healthcare systems make is not investing in equipment, according to an article on the Becker's Hospital Review website.
Idle equipment is less expensive than idle providers and investing in extra space and equipment will likely be cost-effective in the long run, the article said.
Focusing on supplier discounts instead of individual clinician consumption is also a mistake, the article said.
Research also recommends analyzing the full cycle of care for each condition to determine the lowest cost.
The Proper Way to Use Cleaning Carts
JPS Health Network Breaks Ground on New Hospital
Saint Anthony Hospital Reports Email Breach
Healthcare Facilities are Shifting Toward More Holistic Designs
Froedtert Hospital Unveils Six-Level Parking Structure