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Financial Management & Performance


How Spectrum Health Ingrained Quality and Cost Savings Into Hospital Operations

Session #: 807-C05
Presenter(s): John Byrnes
Session Length: 1:45 hr.
Event: 2007 HFMA ANI
Date: June 24-27, 2007

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After this session, you will be able to:

Understand how Spectrum Health has increased revenue by more than $10 million this year and reduced costs by more than $15 million, while continuing to focus on top-quality patient care.
Develop a customized plan to effectively meet the demands of the national quality agenda and the local competitive climate.
Move beyond traditional expense reduction approaches by identifying clinical cost inefficiencies deep within service lines.
Partner with physicians and clinical staff to identify and eliminate hidden inefficiencies (resource utilization and avoidable complications) within clinical service lines.



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