Playing the Long Game: Moving Beyond Cost Cutting (member only)

Overview:

Leading healthcare systems must focus on performance improvement (reducing costs) and growth. Typically, the focus on cost-cutting is the common reaction to headwinds . . . 89% of hospitals currently have a cost-reduction plan (but only 6% characterized their programs as effective!) However, growth can have a greater near- and long-term impact on value. Growth can have a compounding effect on value creation and come in a variety of ways: Grow revenue at the same margin (top line); Substitute lower margin for higher margin services (bottom line); Expand volumes in higher margin services (top and bottom line).

Presenter: Craig Deao, MHA, National Speaker, Managing Director, Author, Huron

Craig is a senior leader at Huron, and a highly regarded national speaker on leadership, engagement, quality, and patient safety. He works with healthcare executives to create highly reliable organizations where employees want to work, physicians and nurses want to practice, and patients want to receive care.