2017 State of Cost Transformation in U.S. HospitalsAn Urgent Call to Action
Though cost transformation is urgent, many organizations struggle to set appropriate reduction goals and start the hard work of reconfiguring their businesses for a much more cost competitive environment. This report shows how to accelerate progress.
- Survey findings show more than 50 percent of hospitals do not have adequate cost reduction goals
- Lack of good data to identify and manage improvement opportunities cited as a major challenge
- Four main actions hospital leaders should focus on to fast-track cost reduction initiatives