Process Transformation – A Way to Reduce Cost, Improve Quality, Etc., Etc., Etc.

Process Transformation – A Way to Reduce Cost, Improve Quality, Etc., Etc., Etc.

“Gary Skarke is an expert in the area of transformation. His company’s success, for the most part, has been outside of healthcare but has touched healthcare on a small scale. As we all know, healthcare is going through a significant transformation and most of what he...
The recipe for creating value

The recipe for creating value

When I was in college, the church that I attended had a booth every year at the local fair. We made a pastry called an elephant ear. I have seen at fairs funnel cakes which are made by pouring a liquid batter into hot oil and frying it. The elephant ear dough was...
Fat cutting from an organization can be taken too far – Are you starving your organization?

Fat cutting from an organization can be taken too far – Are you starving your organization?

A maximum value strategy may involve cutting the fat from an organization, but a maximum economy strategy will cut the meat and bone. A maximum economy strategy has an excessive emphasis on cost-cutting so that it starves the organization of the resources it needs to...
How to find 3-7% more Net Revenue at your Hospital

How to find 3-7% more Net Revenue at your Hospital

A recent survey of 146 CEOs by the Advisory Board (1), the CEOs voted that “sustainable cost control” was the number one priority. This is an imperative that every hospital in America must be doing in the current health care environment. Net revenue is tightening up....