NEWMARK KNIGHT FRANK

Flat Or Declining Patient Volumes Is Top Revenue Concern, New Survey Shows

Article written by: Jeff Lagasse, Healthcare Finance News, October 24, 2019

Nearly all hospitals in the U.S. have set cost reduction targets and recognize their importance, yet fewer than one in four have achieved "most" or "all" of their cost transformation goals -- especially in non-traditional, high-opportunity cost reduction areas such as lowering unwarranted clinical variation.

That's according to a new survey from Kaufman Hall, its third annual in-depth look at the priorities healthcare executives are setting, and progress they're making toward improving organizational performance. This year's data was collected in partnership with Kaufman Hall/Axiom and the Healthcare Financial Management Association, resulting in a larger data set than in previous years... Read the full article here.

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