The average cost of running a small city hospital is nearly $200,000 a day not including clinicians' wages.
There are four basic expenditures you can cut back on while running a hospital, according to an article on the Business Review USA website.
• Many hospitals are saving money on waste removal by separating standard waste from red-bag pathologic waste
• Reworking inbound and outbound shipping strategies can also cut costs
• Change vendors can often lead to better prices
• Switching to energy-efficient, low-amp lighting can also help save money
September 1, 2015
Topic Area: Maintenance and Operations
Code Compliance Isn't Enough for Healthcare ResilienceIntensifying climate risks are pushing hospitals to think beyond code requirements and toward long-term resilience.
Ribbon Cutting Marks First Phase Completion for New Montefiore Einstein FacilityThe second phase is expected to be completed in the second half of 2027.
Brooks Rehabilitation Launches 3 New Major Construction ProjectsAll three Jacksonville projects will begin construction in 2026 with plans to be completed in 2027 and early 2028.
Joint Commission Standards: What Updates Matter Most?The latest revisions are streamlined and aligned with the Centers for Medicare and Medicaid Services, but the facility manager’s learning curve is steep.
Swinerton Completes Construction at Atlanta's Grady HospitalProjects mark Swinerton’s first partnership with Georgia’s largest hospital.