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These 4 Commonly Overlooked Points in Strategic Hospital Planning Can Cost Your Facilities Hundreds of Thousands!

When you incorporate a strategic program that accurately reflects your operations — and will cover the business strategy and aspects of your facility — you will have a greater perspective of where the hospital is running efficiently and improvements need to be made. We have detailed the most commonly overlooked points needed in strategic planning…

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Hospital Turnaround Strategies – The Best Strategies for 2019

Hospitals are closing at an alarming rate. Low revenue and reduced margins are the results of elevated healthcare costs and hospital inefficiencies, among other things. Those that survive may actually thrive when they make financially focused changes. Use these best hospital turnaround strategies for 2019 and you’ll likely realize the positive economic impact for decades…

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10 Tips for Shifting to Advanced Cost Accounting

Advanced cost accounting is the next big thing for healthcare organizations who want to streamline their accounting services and increase their bottom line. A matter of fact, many forward-thinking organizations have already implemented an advanced cost accounting framework to fuel their organization’s mission. Discover how you can too. 1. Make sure everyone on your team…

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Why Strategic Planning is Important in Healthcare

The healthcare industry is sometimes too complex and confusing for most to understand. It’s always changing due to technological advancements or government mandates. It’s becoming more important to plan the success of your healthcare organization. By preparing for the future, your organization can better prepare for the unknown. A strong strategic plan helps all levels…

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