When Agency Margins Are Tight, Should You Cut Costs or Invest?

Sep 6, 2016 8:03:26 AM / posted in Cost Reduction, Savings

Cut back or dive in? When profit margins are getting squeezed, the hair-trigger reaction is “Cut costs!” Reduce staff, rein in capital expenses, cut anything that’s deemed “non-essential.”

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Kiss Misses Goodbye: How Home Health Care Missed Visits Impact Costs

Aug 23, 2016 8:00:01 AM / posted in Cost Reduction, Savings

The squeeze is on. In the home health care market, operating margins are tight and getting tighter. Since agencies depend heavily on the capricious world of reimbursements, the fastest, often easiest way to boost margins is to reduce costs. Agencies need to examine every facet of their business, searching for ways to gain efficiencies and improve productivity.

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