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High-Stakes Changes: The Path to Cost Containment

White Paper Published By: HealthLeaders Media
HealthLeaders Media
Published:  Oct 08, 2015
Type:  White Paper
Length:  12 pages

In 2012, as South Nassau Communities Hospital in Oceanside, New York, was providing care for residents severely impacted by Hurricane Sandy, another storm was brewingóbut this one was on the books. The Affordable Care Act was rolling out, value-based care was taking root, and rising costs were becoming a major challenge for the 455-bed hospital, a key provider of medical services for the nearby barrier island beach communities. The first step? Rein in a big chunk of spending by overhauling inventory management, determined Mark Bogen, CFO and senior vice president of finance.