Weeks into the new normal, many businesses’ budgets have tightened. The scramble to make the shift to remote work has finally settled, and business priorities have changed – including in the area of technology spending. With the future largely uncertain, keeping a close eye on your finances is more important than ever. There are a few things you can do to ensure you don’t come out of quarantine in financial trouble: Get a Realistic Picture of Your Technology Expenses When’s the last time you … [Read more...]
Eight Steps for Hospital Cost Management
Hospitals are seeing shrinking margins, with slowing growth causing them to explore other ways of preserving decreasing revenue. The American Hospital Association’s 2018 Chartbook showed that the percentage of hospitals with negative margins increased by the end of 2016. These margins were similar to the levels seen during the 2008 recession. The result is that hospitals are increasingly pursuing other means of protecting their margins, primarily through hospital cost … [Read more...]
