How to Reduce your medical practice’s burgeoning costs

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Are you looking for proven techniques to help reduce your hospital/clinic operating costs without cutting corners?

Steps

1. Cost tracking. Make use of an integrated electronic approach by combining multiple accounts databases into a single database. Make use of data warehousing techniques and retrieval via the Internet.
   
2. Inter-departmental co-ordination. Increase co-ordination between departments to help cost saving measures sink into the entire hospital structure more easily.
   
3. Corporate style benchmarking. Create corporate-styled goals. Adopt industry standard best practices. A professional approach would definitely go a long way in effecting cost cutting measures envisaged.
   
4. Clinical pathway mapping. Bring together a team of physicians whose primary aim is to identify patient group requirements and map the means by which the needs can be met frugally and efficiently.
   
5. Case managers. Case managers look after the transition procedures of a patient when shifted from one department to the other. They are usually members of the nursing staff.
   

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