COST CONTROL IN HOSPITALSOBJECTIVESTO GIVE IMPROVED MEDICAL CARE AT LESS COST1.By identifying the areas where cost can be ...
Strategies of cost control    Improving operational efficiency       Giving job description to staff       Delegating powe...
PERFORMANCE EFFICIENCYImproved quality care in clinical activitiesb. Technology utilization ie. Updating the technologyc. ...
RESOURCE ALLOCATION Allocate funds on priority basis with the help of trend analysis and the future plan With the view of ...
EXPENSE ACCOUNTING May be Expense wise with department wise cost centers May be department wise with expense wise cost cen...
Material cost control Indenting the minimum need Coding of drugs to avoid mix-up Clear specification Standardization of ma...
* Keeping minimum stock level* Keeping minimum power usage*   Creating a healthy competition between    various department...
CONTROL BY PHYSICIAN By cutting down Patients stay Avoiding unnecessary investigations & drugs Economy in use of Hospital ...
ADMINISTRATIVE COST CONTROLControlling expenditures   On postage   Telephone   Stationery   Lightings   Overtime payments ...
Managerial control through AccountingA good system of accounting could give the revenue andexpenditure of each departmentT...
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Cost Control In Hospitals by Mahboob JCIA,CPHQ USA Harvard .

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This variation highlights opportunities for hospitals and their partners to improve quality and reduce spending by reaching out to patients after discharge and reconciling medications, scheduling timely primary care visits, establishing plans for addressing common problems, and coordinating with post-acute-care providers," the authors wrote. "Although many hospitals lack strong clinical relationships with such providers, the data that applicants receive from Hospitals can help them identify partners by showing where their patients receive services and at what cost."

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Cost Control In Hospitals by Mahboob JCIA,CPHQ USA Harvard .

  1. 1. COST CONTROL IN HOSPITALSOBJECTIVESTO GIVE IMPROVED MEDICAL CARE AT LESS COST1.By identifying the areas where cost can be saved2.By identifying the ways to save material cost3.By exploring possible reduction in man power cost
  2. 2. Strategies of cost control Improving operational efficiency Giving job description to staff Delegating powers Fixing responsibilities By a monthly information report of the relevant department the progress can be assessed
  3. 3. PERFORMANCE EFFICIENCYImproved quality care in clinical activitiesb. Technology utilization ie. Updating the technologyc. Higher turnover ie., maximizing the volume
  4. 4. RESOURCE ALLOCATION Allocate funds on priority basis with the help of trend analysis and the future plan With the view of revenue potential To find alternatives and substitutes
  5. 5. EXPENSE ACCOUNTING May be Expense wise with department wise cost centers May be department wise with expense wise cost centers
  6. 6. Material cost control Indenting the minimum need Coding of drugs to avoid mix-up Clear specification Standardization of material Information on substitutes Value analysis
  7. 7. * Keeping minimum stock level* Keeping minimum power usage* Creating a healthy competition between various departments on cost reduction per patient* Regular and updated staff training
  8. 8. CONTROL BY PHYSICIAN By cutting down Patients stay Avoiding unnecessary investigations & drugs Economy in use of Hospital supplies Optimizing use of men and machine
  9. 9. ADMINISTRATIVE COST CONTROLControlling expenditures On postage Telephone Stationery Lightings Overtime payments Maintaining the salary expenditure within the norms of the industry
  10. 10. Managerial control through AccountingA good system of accounting could give the revenue andexpenditure of each departmentThis gives the per patient costThis reveals the utilization percentage of each departmentas a guide for future plan to improveThis gives the profitable department and proceduresThis guides for the revision of ratesThis helps where there is industrial competition to fix therates to the possible lowThis helps on the capital investment needed

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