Getting Off the Consultant Merry-Go-Round

June 4, 2020

It is not uncommon for healthcare organizations to enlist the services of third-party consulting firms to help them identify cost savings opportunities, organizational inefficiencies, and other performance improvement program-related support. In fact, these types of engagements can be extremely valuable.

But when the consultants leave, hospitals are often left with a lot. Without the consultants, there are many savings-aligned efforts and initiatives to manage, countless action items or follow-ups, and dashboards that need to be updated. Some organizations may even extend or re-engage with their consultants, in a costly process that becomes a cycle thought to be inevitable.

For many more organizations, there is now a more effective and sustainable way. Rather than spending millions of dollars for a 3+ month consultancy engagement, healthcare providers are leveraging their own data and resources to get better savings opportunities.

During this session, you’ll learn how organizations like yours are leveraging centralized, automated tracking to drive continuous improvement efforts. We will share how organizations in our network have taken ownership of the identification and tracking of cost savings initiatives to maintain a plan and process for the future—empowering them to step off the consultant merry-go-round.