Financial Improvement Process
The QHR Financial Improvement Process helps hospitals quickly identify and quantify their unique
opportunities and realize their peak performance.
■ Incorporates labor productivity and
vendor expense analysis methodologies.
■ Provides short- and long-term solutions
to shrinking bottom lines.
■ Profit and loss analysis guides decisions to
retain, eliminate, expand or curtail service lines
and contracts.
■ Enables sustainable cost reductions,
with supporting data and rationale. |
■ May generate new revenue through service
optimization, staff and patient satisfaction.
■ Training and tools improve ongoing budget process. |
Improvement specialists deliver more than a short-term fix or a long-term planning method. With a wide range of
experience and skills, including hands-on operational, financial, and clinical expertise, we inspire positive behavior
and attitude changes through QHR's Financial Improvement Process.
■ After reviewing current and historical data
and conducting an on-site assessment, QHR's
specialists meet with your senior and departmental
management to discuss recommendations and
develop a custom approach and detailed action
plans; implementation assistance is available at
your request.
■ QHR's innovative process encourages creative
thinking rather than the typically unsustainable
cost-cutting - in response to financial challenges. |
■ This re-focusing shapes a constancy of purpose
at the leadership level by aligning financial and strategic
initiatives. Communicated organization-wide, QHR's
Financial Improvement Process boosts morale and
enthusiasm, and often spurs department-level initiatives. |
For more information on QHR Staffing Efficiency & Effectiveness Services, contact:
Keith Gott, Practice Leader, 800-233-1470 ext. 4879.
| © 2008 QHR
105 Continental Place | Brentwood TN 37027 | 1-800-233-1470 | | | | |  |
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