expense reduction Archives
Pharmacy’s targeted initiatives lead to lower drug expenses
Aug. 21, 2014—Vanderbilt University Hospital’s pharmacy is attracting national attention for reducing its inpatient pharmacy drug expenses 6.4 percent in a 12-month period, despite an increase in patient volume.
Creativity helps spur VUMC operational savings
Aug. 15, 2013—As Vanderbilt University Medical Center navigates large-scale operational change through Evolve to Excel (E2E) a number of creative and substantive cost savings initiatives have already been identified. The Medical Center’s first priority remains to achieve savings through efforts that focus on costs associated with supplies and other non-labor expenses.