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 Frontline Decisions
SOLUTION
- Establish Organizational Accountability and Visibility
- Implement and Track Performance Indicators
- Provide Transparancy 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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