A total expense reduction plan.
The article depicts strategies for reducing both salary and nonsalary expenses. The importance of productivity monitoring and flexible staffing are key points. Nonsalary reduction techniques include signature controls, review of existing policies and procedures, and cost awareness education.
Baystate Medical Center, Inc., Springfield, MA, USA.
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Taylor
D003361:Cost Allocation; D003363:Cost Control / Q000379:methods*; D017598:Efficiency, Organizational / Q000191:economics; D017721:Hospital Costs; D008404:Massachusetts; D008421:Materials Management, Hospital / Q000191:economics*; D010561:Personnel Staffing and Scheduling / Q000191:economics*