Common healthcare cost cutting mistakes

Not investing in equipment can backfire


One of the common cost-cutting mistakes healthcare systems make is not investing in equipment, according to an article on the Becker's Hospital Review website.

Idle equipment is less expensive than idle providers and investing in extra space and equipment will likely be cost-effective in the long run, the article said.

Focusing on supplier discounts instead of individual clinician consumption is also a mistake, the article said.

Research also recommends analyzing the full cycle of care for each condition to determine the lowest cost.

Read the article.

 

 



January 29, 2015


Topic Area: Maintenance and Operations


Recent Posts

What To Know Now About OSHA's Updated Hazcom Rule

The update requires careful attention because compliance is not optional, and OSHA has set firm deadlines extending through 2028.


HealthSource of Ohio and UC Health Partner for New Medical Office Building

Construction is anticipated to be completed in 2028.


NorthShore Health Centers Investigates Data Security Incident  

The organization became aware of suspicious activity on its computer network on or around Aug. 10, 2026, and took steps to secure its systems.


Healthcare Ransomware Attacks Reach Record High in Q3 2026

The report documented 306 ransomware attacks against healthcare organizations in Q3.


Bon Secours Mercy Health Acquires Fauquier Health

Fauquier Health is a 97-bed acute care community hospital serving Fauquier County and the broader Warrenton region.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.