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A NEW COST CONTAINMENT STRATEGY FOR HOSPITALS: ENTERPRISE RESOURCE PLANNING

SHARESHARESHARE
Each year, hospital operating expenses climb 7.2 percent and outpace overall revenue gains, which are lagging behind at an annual 6 percent growth rate, said Mark Weber, senior vice president of healthcare development at business software producer Infor, during a Dec. 6 webinar sponsored by Infor and hosted by Becker's Hospital Review. Variable operating expenses like healthcare policy changes, eroding margins, staffing shortages and consumerism have left hospital CFOs rethinking their approach to cost containment, Mr. Weber said