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Back to basics: 5 ways to pick low-hanging fruit
Authors:Berger Steven
Institution:Healthcare Insights, Libertyville, Ill., USA. sberger@hcillc.com
Abstract:Five areas of potential cost reduction related to labor and the supply chain are: Overtime actual to budget biweekly analysis, Overtime actual trend (to budget) analysis, Overtime actual total individual employee costs Actual monthly supply chain expenses compared with budget by chart of accounts code and detail analysis, Actual monthly analysis by individual vendor and detail analysis.
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