cost optimization services

IMPROVING TOTAL OPERATING EXPENSE 3%-5%

Facilities & Non-Clinical Operations

GlideNet’s process begins with a Value Assessment either through a Triage Analysis or a GAP Assessment of the Facilities & Non-Clinical Operations. Working with management, GlideNet supports creating the implementation road-map enabling quantification of resource requirements and anticipated return.

% of hospital costs by category graph

COMPRESSING THE LEAD TIME TO VALUE

We then look to management to determine if the overall program supports the organization’s strategy, business and capital funding priorities. If such determination is made, management must determine how projects within the program are to be implemented and managed.

Time compression in the implementation of a program is key to driving an improved rate of return. With the implementation cost held constant, there is an enormous difference of creating $100M in savings in 2 years verses 5 years. This is where dedicated program resources focused on the objectives create accelerated impacts

GAP Assessment

90-120 day on-site analysis on 25 primary service lines

Holistic optimization program approach

Objective to identify a comprehensive cost reduction program that meets < 3-year simple payback

Triage Assessment

30 day virtual analysis on 8 easily implementable tracks

Jumpstart to savings program

Objective to identify 10% of a comprehensive cost reduction program