Zero-Based Budgeting With Lisa Larter | Episode 41

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; 

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