Webcasts
Hospital Achieves over $5 Million in Savings Through Labor Management Program
Thursday, November 19, 2009
1:00 pm EST
The recent economic downturn has exacerbated the significant challenges all hospitals face in operating profitability and efficiently using all resources, particularly staffing, the largest single expense. Facing these challenges head on, Frederick Memorial Healthcare System has yielded over $5 million in validated savings FY09 by implementing a disciplined and data driven approach to refining their labor management program.
Learn how using external benchmarks, internal productivity measurements and a collaborative effort between hospital leaders, managers and an internal labor management team has allowed Frederick Memorial Healthcare System to accomplish this remarkable turn around and positioned their organization to continue providing high quality care with 100 fewer budgeted FTEs for FY10.
SPEAKERS
Michelle Mahan
Sr. Vice President/CFO
Frederick Memorial Healthcare System
Lynn Bale
Sr. Performance Partner
Premier, Inc.
Free Session Registration Here»
