Things aren’t getting any easier for hospitals. Over the past few years the introduction of new regulations and technologies have created an unprecedented resource drain on healthcare providers.
When you account for changes created by The Affordable Care Act, HIPAA, and Stark Law compliance, there are more pages of regulations for medical providers than there are across the Internal Revenue Service. It requires a costly investment in order to maintain strict compliance – not just in terms of dollars, but in personnel and other resources too.
And this is only the beginning of the resource drain.
Factor in the required investment for new technology in order to stay up to date with mandates around electronic health records (EHRs) and rapidly changing IT infrastructures, and you quickly see how few hospitals are able to keep enough money in their pocket to avoid massive budget cuts and disinvestment in personnel and facilities.
Telecommunications & IT
Telecommunications and IT are often a hospital’s two largest line item expenses. And, often unbeknownst to the hospital’s executive staff, it’s costing far more than it has to. When unchecked, every telecom bill that pours into the office is bloated with overage charges and unnecessary features that quietly cost your hospital upwards of hundreds of thousands of dollars per year.
Put money back in the hospital’s pocket by understanding and eliminating hidden costs in Telecom and IT so you can invest in the things that matter most.
[author_bio username=”Ken” name=”yes”]