The quest for cost savings in hospitals and health systems too often prompts leaders to rush to make major cuts in the largest budget line item: staffing and labor costs. Evidence shows, though, that cutting labor expenses, especially in nursing, negatively impacts both quality of care and overall profitability.
CHOP decided to take a different path — and in the process, created a new model of bedside-driven fiscal responsibility.
Nursing-Led Savings, a new book by some of the CHOP staff that led this work — Paula Agosto, Chief Nursing Officer; Megan Bernstein, Clinical Nurse Expert; Cheryl Gebeline-Myers, Senior Director, Clinical Operations Support and Services; Jackie Noll, Senior Director, Nursing; and Jessica Steck, Clinical Nurse — includes advice on how to develop and implement a plan that eliminates waste and streamlines processes in everyday clinical work.
The book includes a foreword by CHOP President and CEO — and former bedside nurse — Madeline Bell.