management is a luxury , think again . treating technology as a luxury ? 10 necessary

But are hospitals actually acquiring and using the technology that allows them to achieve significantly better financial outcomes? There are techniques and software that every hospital—regardless of size, location, tax status, or payer mix—should acquire and use. And this technology is commercially available today; it is not science fiction. The August 2004 issue of hfm included an article I wrote describing 10 ways to improve healthcare cost management. Unfortunately, based on unscientific surveys I have conducted during my continuing education classes since that time, it is clear that many of the more than 5,000 U.S. hospitals still have not adopted all the technology and techniques discussed in that article.