In this episode, Lisa is joined by show producer Lisa Larter.
In this episode:
Starting from the ground floor: a definition of zero-based budgeting.
Making the transition from traditional budgeting to zero-based budgeting.
Additional strategies to increase profitability for hospitals when they can’t increase their prices.
Analyzing your hospital budget department by department.
Advantages and disadvantages of zero-based budgeting.
Analyzing monthly and annual subscription services can identify cost savings opportunities.
An example of a committee based approach to new maintenance contracts, which led to multi-million dollar cost savings.
Overcoming decision fatigue.
The one essential question every hospital needs to answer.
The radio show is sponsored by VIE Healthcare Consulting; https://viehealthcare.com
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