Roughly 71 percent of healthcare CEOs believe improving clinical operations and care delivery performance are the biggest opportunities to save money within their organizations, according to a recent survey from Huron Healthcare.
Huron Healthcare surveyed nearly 80 hospital, health system, payor and other healthcare CEOs. Twenty-one percent said workforce optimization would lead to the biggest cost reductions, while 8 percent said supply chain and non-labor costs were the key areas of savings.
Other results from Huron Healthcare's survey include:
• Fifty-five percent of respondents said the most challenging aspect of moving from volume-based to value-based is the evolving cost structure to contain costs and generate revenue.
• Thirty-eight percent of CEOs said clinical utilization decisions are the biggest concerns related to cost. Labor and revenue cycle inefficiencies were also cited as major concerns.
• Thirty-five percent said hospital-physician relationships are the greatest barrier to clinical integration.
Huron Healthcare surveyed nearly 80 hospital, health system, payor and other healthcare CEOs. Twenty-one percent said workforce optimization would lead to the biggest cost reductions, while 8 percent said supply chain and non-labor costs were the key areas of savings.
Other results from Huron Healthcare's survey include:
• Fifty-five percent of respondents said the most challenging aspect of moving from volume-based to value-based is the evolving cost structure to contain costs and generate revenue.
• Thirty-eight percent of CEOs said clinical utilization decisions are the biggest concerns related to cost. Labor and revenue cycle inefficiencies were also cited as major concerns.
• Thirty-five percent said hospital-physician relationships are the greatest barrier to clinical integration.
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