Success Story

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Success Story Fast Facts:

COMPANY

Medium-sized, world-class hospital provides pediatric and obstetric medical and surgical services.

INDUSTRY

Healthcare, Not for Profit

CHALLENGES

  • Revitalize Cost Management Efforts
  • Provide Executives with Timely Financial Information
  • Provide Information to Support Line Management Decisions

SOLUTION

  • Establish Organizational Accountability and Visibility
  • Implement and Track Performance Indicators
  • Provide Transparency of Information across Organization

RESULTS

  • $2.7 million savings - labor costs (first 6 months)
  • 80% reduction in IT Implementation (from weeks to days)
  • 7% Average Reduction - HPPDs

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