Recent years have brought increasing pressures on hospital profit margins, and many healthcare organizations are scrambling to make up the difference. In the current climate of uncertainty, many healthcare professionals believe profit margins are especially vulnerable.
Here are a couple of ideas hospitals can use to decrease that pressure by reducing expenses:
No matter what happens this year, your hospital can better manage the downward pressure on profit margins by decreasing unnecessary expenses. Before you reduce staff or make expensive investments, you can start with an expert audit of your telecom expenses.