BusinessWeek Logo
Better Health Care Through Fewer Expenses

By Venessa Wong

Better Health Care Through Fewer Expenses

Cost cuts often add up to poorer service or quality. But hospitals in the U.S. are discovering that they can make simple changes to reduce waste and expenses and actually improve patient care. Following are examples from hospitals that have worked with the Institute for Healthcare Improvement, a nonprofit consultancy based in Cambridge, Mass. While the savings reflect the results at only one institution, the financial impact would be exponentially greater if applied nationally.