Merging departments saves $400,000.
With hospital systems constantly pressured to cut costs, benchmarking can help managers make good decisions about where to focus attention. Once opportunities for improvement are identified, benchmarking provides data on how to improve. One children's hospital used benchmarking to bring a department's cost and efficiency in line with those of its peers.
D019985:Benchmarking; D017598:Efficiency, Organizational; D005431:Florida; D006754:Hospital Restructuring; D006776:Hospitals, Pediatric / Q000458:organization & administration*; D010344:Patient Advocacy; D012948:Social Work Department, Hospital / Q000458:organization & administration