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It&rsquo;s a generally accepted fact that purchased services account for 20 to 30% of a hospital&rsquo;s total expenses. It&rsquo;s also generally accepted that with more than 300 categories, it&rsquo;s a largely untapped source of savings across the health care supply chain. And, with contract ownership spread over a multitude of departments in a typical health system, gaining traction around negotiating new agreements is a lot like trying to eat Jell-O with chopsticks&mdash;it isn&rsquo;t...

It’s a generally accepted fact that purchased services account for 20 to 30% of a hospital’s total expenses. It’s also generally accepted that with more than 300 categories, it’s a largely untapped source of savings across the health care supply chain. And, with contract ownership spread over a multitude of departments in a typical health system, gaining traction around negotiating new agreements is a lot like trying to eat Jell-O with chopsticks—it isn’t...

In Purchased Services, Understand What You're Negotiating

Rather than any early knockout in one of his epic matches, eulogies last month for boxing legend Muhammad Ali memorialized his three-decade, very public fight against Parkinson&rsquo;s disease. The once fleet-footed heavyweight champion&rsquo;s chronic condition, in the words of former president Bill Clinton, &ldquo;made his life bigger, not smaller&rdquo; as he championed greater awareness and resources for the condition.

Rather than any early knockout in one of his epic matches, eulogies last month for boxing legend Muhammad Ali memorialized his three-decade, very public fight against Parkinson’s disease. The once fleet-footed heavyweight champion’s chronic condition, in the words of former president Bill Clinton, “made his life bigger, not smaller” as he championed greater awareness and resources for the condition.

Health Care Strategy and the Second Law of Thermodynamics

Winston Churchill and the 80/20 Rule

One of the areas of greatest concern for pharmacy practice, in terms of both cost and impact on patient care, is the increasing development of pharmaceuticals that could be classified as &ldquo;specialty.&rdquo; While there is no universally accepted definition of a specialty drug, most characterizations include attributes such as:

&bull;High cost
&bull;Limited extent of use
&bull;Technical complexity of delivery and/or administration
&bull;Treatment of complex and/or...

One of the areas of greatest concern for pharmacy practice, in terms of both cost and impact on patient care, is the increasing development of pharmaceuticals that could be classified as specialty. While there is no universally accepted definition of a specialty drug, most characterizations include attributes such as:  High cost; Limited extent of use; Technical complexity of delivery and/or administration; Treatment of complex and/or...

Use Mock Accreditation Surveys to Address Common Problem Areas

Calculating the Cost of Length of Stay

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