Healthcare facilities often face significant financial pressures that are unique to their industry. Between costly medical equipment, highly-skilled nurses, doctors and other staff, and a myriad of other overhead costs, a common question that arises is “how can hospitals reduce costs?”
Unfortunately, knee-jerk reactions are often the first “solutions” that facilities go for. Things like layoffs and other traditional cost-cutting methods are used, but these are typically short-term measures that can hurt both the hospitals and their patients in the long run.
