More Cost Effective Health Care
Resources Added for the Right Care in the Right Place
- Increased the WMHS Outpatient Observation Unit to 20 beds to provide an alternative to admission for patients in the Emergency Department who need further monitoring and evaluation.
- Expanded resources for Home Care, including a Home Care Nurse Liaison in the hospital to help facilitate appropriate referrals. Referrals increased by 35 percent during the last six months of FY12.
- Encouraged use of WMHS Urgent Care Centers through expanded marketing and advertising.
- Added Cardiology and Pulmonary testing services to the WMHS Outpatient Diagnostic Center.
Initiatives Began to Identify Cost Savings
- Implemented Premier ASCEND contracting program, resulting in over $400,000 in savings.
- Engaged Grant Thornton for operational and revenue cycle evaluation of WMHS Clinics and Practices. Their recommendations will be implemented in FY2013.
- Collaborated with Premier on an Expense Reduction Initiative to identify process changes to reduce labor and non-labor expenses. Over $1.4 million in savings came implementing from a capitated pricing model for spinal products, hip implants and knee implants. Final recommendations from Premier will be implemented in FY2013.
Other Measures Reduce Costs
- Negotiated new contracts for gas and electricity that should result in savings of $1.8 million.