title: Achieving sustainable cost transformation.
abstract: Means for hospitals and health systems to achieve necessary, sustainable cost transformation include: Using a structured approach with rigorous analysis. Understanding the organization's capital position and quantifing the shortfall. Identifing potential savings sources. Using internal and external benchmarks. Ensuring integration of cost-reduction targets with organizational plans and budget.
authors.affiliation: Kaufman, Hall & Associates, Inc., Skokie, IL, USA. bchannon@kaufmanhall.com
authors.forename: Brian S
authors.initials: BS
authors.lastname: Channon
authors.forename: Ellen G
authors.initials: EG
authors.lastname: Riley
authors.forename: Jason H
authors.initials: JH
authors.lastname: Sussman
mesh_terms: D002017:Budgets; D003363:Cost Control; D003365:Costs and Cost Analysis; D005377:Financial Management, Hospital / Q000458:organization & administration*; D017721:Hospital Costs / Q000458:organization & administration; D014481:United States