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Maximizing Margin Improvements in Healthcare | Ep.17
In today's episode, Lisa is joined by her Producer, Lisa Larter from The Lisa Larter Group to have a conversation about how to maximize margin improvement. This is an objective that every hospital and health system has on their strategic initiatives.
There are specific reviews and workstreams to not only improve but to exceed industry norms – today they will discuss some of the challenges and opportunities:
• The Challenges that get in the way
• Competing priorities
• Lack of unbiased review
• Poor advice
• Lack of systems
• Biggest opportunities
• Reviewing non-labor contracts
• Value-based agreements
• Virtual care
• Engaging physicians on cost
• Utilizing data analytics
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