savings

Solutions for telecom expense management automate tasks like monitoring usage and reconciling invoices.

How Automation Is Changing Telecom Expense Management

Hospitals and other healthcare organizations spend a lot of time and energy conducting audits for telecom expense management. Often identifying areas of savings once all equipment, processes, and usage have been accounted for and analyzed for improvement potential. It’s challenging to keep track of all of the extensive equipment that comes with telecom technology, as …

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Hospital growth is slowing, so administrators are investing in hospital cost management to preserve margins.

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 …

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