This business driven workshop takes a look beyond traditional strategies and explores some time-tested yet slightly unconventional ideas for generating a positive bottom line. Strategies presented include: Streamlining your organization through effective service-line management. Increasing the number of insured to enhance income. Using the Internet as a management tool. Enhancing profits by collaborating with competitors. Taking advantage of retail and visual traffic.                                 From the course, “Health care organizations have become known for providing the widest array of services possible. Perhaps the time has come to abandon that traditional model and scale back to become more efficient and economically viable. Looking forward, one of the biggest challenges health care executives will face is committing to and handling the elimination of marginally producing service lines. The key is to trim down prior to a directive from consultants in response to a financial crisis, an eleventh-hour mandate from the board of directors, or a coerced downsizing prompted by a temporary turnaround firm. This type of rapid- fire downsizing, either in terms of personnel or product lines, is overly reactive and usually suboptimal”.

Seven Strategies to Improve Your Bottom Line: A Health Care Executive Guide

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