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Strategic Cost Management

1 min read

'Incredibly Difficult' Financial Trouble Ahead for Hospitals

KaufmanHall's Fall 2022 Hospital Outlook report paints a grim picture for the hospital industry in the second half of the year. According to the...

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4 min read

This Hospital Culture Change Sustainably Reduces Labor Costs

Before we kickoff the final post of our strategic cost management series, let’s take a quick detour. Imagine you are the winner of a DIY contest at...

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4 min read

Hospitals: Benchmarking is Not a Cost Reduction Strategy

In healthcare, benchmark studies and productivity reports are the gold standard for leaders looking to make their facilities more efficient, provide...

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4 min read

Four Ways to Cut Your Labor Costs, Not Your Staff

Median hospital operating margins were negative in the first quarter of 2022. Kaufman Hall called it a perfect storm of converging threats:...

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