Cost Containment Overcoming Challenges: New HealthLeaders Media Intelligence Report Available

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With healthcare expenses increasing every year, the challenge of cutting costs under one reimbursement system while preparing for the advent of another adds a degree of complexity for healthcare systems. Eliminating excess cost and waste is seen as a top priority but also where progress is seen as difficult to achieve, according to the newest HealthLeaders Media Intelligence Report, Cost Containment: Overcoming Challenges. This comprehensive industry intelligence report is available for free download at http://www.healthleadersmedia.com/intelligence/111/industry-insight-report.html

So many things are out of your control,” says Dean Swindle, executive vice president and CFO at Catholic Health Initiatives in Englewood, CO, and the lead advisor for this report.

With healthcare expenses increasing every year, the challenge of cutting costs under one reimbursement system while preparing for the advent of another adds a degree of complexity for healthcare systems. Eliminating excess cost and waste is seen as a top priority but also where progress is seen as difficult to achieve, according to the newest HealthLeaders Media Intelligence Report, Cost Containment: Overcoming Challenges.

“So many things are out of your control,” says Dean Swindle, executive vice president and CFO at Catholic Health Initiatives in Englewood, CO, and the lead advisor for this report. “Patients show up randomly and severity is random. You have pretty good information on some trends, but you're limited on what you can and cannot do. The physician piece is also tough, because you generally have to outsource that directly and they have profit margins so you have less control over your costs.”

Cost Containment: Overcoming Challenges uncovers the surprising results of eliminating excess cost and waste while balancing patient care and outcome. This comprehensive industry intelligence report is available for free download at http://www.healthleadersmedia.com/intelligence/111/industry-insight-report.html

This exclusive, original research and analysis offers key insights from top healthcare executives and clinical leaders. Among the findings:

  •     90% of leaders say they have succeeded in cutting costs without harming outcomes or patient satisfaction
  •     55% of leaders say even with cost initiatives, they need to pull an additional 4–10% out of their operating budgets; 23% need to pull an additional 11% to beyond 20%
  •     In a win for cost containment, 96% of leaders say clinical outcomes have improved or stayed the same under programs to eliminate waste and reduce cost; 90% say the same for patient satisfaction
  •     30% say reducing costs while maintaining service and outcomes is their single greatest obstacle to cost reduction

For information on collaboration opportunities, contact Paul Mattioli, 800/639-7477, or e-mail him at PMattioli(at)healthleadersmedia(dot)com.

To find out more about HealthLeaders Media Intelligence Reports and to sign up for new-report alerts, go to http://www.healthleadersmedia.com/intelligence.

HealthLeaders Media
HealthLeaders Media, a division of HCPro, Inc., is a leading multi-platform media company dedicated to meeting the business information needs of healthcare executives and professionals. As an integrated media company, HealthLeaders Media includes HealthLeaders magazine, HealthLeadersMedia.com, the HealthLeaders Media Intelligence Unit, HealthLeaders Media Rounds events, HealthLeaders Media Breakthroughs reports, and California HealthFax. All these platforms may be found online at http://www.healthleadersmedia.com.

The HealthLeaders Media Intelligence Unit is the premier source for executive healthcare business research and is powered by the HealthLeaders Media Council, made up of select members of the HealthLeaders Media audience of more than 240,000 healthcare executives. HealthLeaders magazine, named 2010 Magazine of the Year by the American Society of Healthcare Publication Editors, is the premiere resource for information on management trends, innovations, market strategies, and organizational development for more than 40,000 healthcare executives and senior decision-makers every month. Award-winning HealthLeadersMedia.com is the healthcare industry’s destination of choice for online news and analysis.

HealthLeaders Media is the winner of 16 awards in 2011 from the American Society of Business Publication Editors (ASBPE) and the American Society of Healthcare Publication Editors (ASHPE) including:

  •     2 Gold Awards for Breakthroughs (Best Digital Magazine)
  •     Best Original Research: HealthLeaders Media Industry Survey
  •     Best Feature Series: HealthLeaders Service Lines

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