ABSTRACT
A study of more than 30 U.S. integrated delivery systems (IDSs) found that implementing effective shared services centers can drive significant cost savings in human resources, accounts payable, and procurement. Many IDSs have not adopted effective shared services strategies. Implementing administrative shared services involves low risk and a relatively low start-up investment.
Subject(s)
Delivery of Health Care, Integrated/economics , Hospital Shared Services/economics , Cost Savings , Hospital Shared Services/organization & administration , Hospital Shared Services/statistics & numerical data , United StatesABSTRACT
A study of more than 270 hospitals over a four-year period highlighted a number of investments that can reduce hospitals' costs and improve efficiency, including the following: E-procurement systems. Electronic exchange of invoices and payments (and electronic receipt of payments). Human resources IT systems that reduce the need for manual entry of data. Shared services deployment.
