In Episode 16 of The Healthcare Leadership Experience, Lisa is joined by Lisa her producer Lisa Larter, from The Lisa Larter Group. Together they discuss the importance of creating an engaged healthcare organization with a cost-conscious culture.
Audiogram A
An engaged healthcare organization has three parts, vision, visibility, and value. We'd think that having the vision is intuitive, but it's more challenging than that. It's about gathering everyone around a goal by having cost savings discussions and seeing who can raise their hand and be a part of that goal. The vision focuses on having the entire team understand a cost-saving and cost-conscious mindset and purpose.
Audiogram B
Hospitals need to be cost-conscious, and when you think of that, you may start to see the patient with a cost-conscious mindset. But, if a healthcare organization can take that mindset and infuse that into the culture of their entire organization, the quality and cost will be significantly improved.
Audiogram C
Are you a victim of inflation costs? If you're saying: "There is nothing we can do," you're going to allow the vendors to come in and tell you what the increases are, leaving no room for negotiation. If you can rethink your strategies and provide your people with education, skills, and tools, you'll be proactive in getting ahead of the inflation.
Audiogram D
We assume that everyone in an organization is understanding of cost-consciousness. For that to be the case, it takes planning and deliberate conversations. The CEO, CFO, and COO need to give the purpose, vision, mission, and the "why." If that piece is missing, organizations will fall victim to inflationary costs.
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