Search Tag: Cost Efficiency
2024 28 Oct
Effective communication is the cornerstone of any successful organisation, and in healthcare, its importance cannot be overstated. Inefficient communication can lead to substantial financial losses and compromised patient care. In fact, U.S. hospitals reportedly waste between €10.2 and €11.3 billion ($11 and $12 billion) annually due to communication...Read more
2024 24 Apr
Healthcare value analysis (HVA) is a vital speciality in response to the evolving healthcare landscape, aiming to balance quality patient care with cost efficiency. It involves a systematic evaluation of clinical products, services, and technologies in healthcare institutions. The goal is to improve clinical outcomes, enhance patient satisfaction,...Read more
2021 21 Jun
Workforce shortages are an issue faced by many hospital leaders. Implementing four basic child care policies in your institution, could be a game-changer when it comes to retaining workers - especially women, according to a recent article published in Harvard Business Review (HBR). During the pandemic, women have been disproportionately...Read more
2018 22 Sep
Today’s clinical laboratory faces increased patient volumes, a rise in chronic illnesses and more educated patients demanding real-time information — all leading to rising costs. As a result, laboratories are often an easy target for budget cuts because decision makers are focused more on cost instead of total value. Solutions, such as headcount...Read more