The Three Keys to Reducing Your Unit Costs
September 8, 2010 After our July issue of the OPEN MINDS Newsletter highlighted a particularly grim future for state budgets (Dust Off Your Crisis Management Plan: State Budget Crisis Looming - Health & Human Service Budgets are Next ), I received several questions about cost cutting, like this one from a local provider: Our largest payer hasn’t given us a rate increase in five years, but our costs continue to climb. We’re sure this isn’t sustainable if the trend continues, so we need to look at lowering our costs. How do we start with this process? To handle this . . .