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Lean Six Sigma Produces Real-World Results at Mt. Washington

Lean Six Sigma, originally developed by Toyota to build highly reliable and consistent cars (Lean) with powerful statistical tools to understand and improve business processes (Six Sigma), is far from just another fad improvement methodology.  The dedicated team of Dietitians, Nurses, Physicians, and Nutrition Assistants at Mt. Washington Pediatric Hospital in Baltimore, MDused a Lean Six Sigma approach known as a Kaizen Event or Rapid Improvement Event to improve both the safety of its patients and the efficiency of its staff. Mt Washington Pediatric Hospital (www.mwph.org) is a specialty hospital that provides family-focused, integrated care to infants and children.  With

By |September 2nd, 2018|Categories: Uncategorized|Comments Off on Lean Six Sigma Produces Real-World Results at Mt. Washington

Employee Engagement in the Modern Era: The Key to Your Organization’s Success

Every organization requires a happy, motivated, and engaged workforce to succeed, which is especially true in the healthcare industry. Gallup and Loma Linda University Medical Center conclusively discovered that employee engagement and employee safety work in tandem to significantly enhance patient satisfaction.  They also concluded that low levels of employee engagement can have a devastating effect on patient care. In a hospital or other healthcare environment, your employees will always be among the most valuable resources that you have. These hardworking men and women have dedicated large portions of their lives to providing care for patients daily. On the "front lines," they are giving their all to

By |August 30th, 2018|Categories: blog|Comments Off on Employee Engagement in the Modern Era: The Key to Your Organization’s Success

Happy Labor Day from Soriant Healthcare!

Traditionally the last official “summer” weekend, Labor Day is a chance to celebrate with food, parades, ballgames, and shopping. Nearly 128 MILLION Americans will enjoy a family cookout. Hundreds of thousands will tailgate and support their favorite college football teams in packed stadiums. The roots of Labor Day date back to 1880’s New York City, where rival union leaders joined together to protest unfair labor practices which plagued industry at the time. Shortly after that, 30 workers died at the hands of federal officials during the Pullman Strike. Thirty states joined together to celebrate Labor Day before it became a

By |August 27th, 2018|Categories: blog|Comments Off on Happy Labor Day from Soriant Healthcare!

How to Conduct an Environmental Services Contract Review

Your first question is probably Why conduct a contract review?  When we are invited into a hospital to complete an analysis of an existing contract(s), we find many of the contracts and follow-up amendments (if they can be located) sitting on a shelf, not looked at or understood.  They are often not reviewed or even thought about until another amendment for an annual CPI increase is received from the Regional Manager for the Contract Company. Time after time, Soriant sees examples of Performance Indicators and Financial Guarantees not reconciled or taken advantage of. In one example we were working with

By |August 15th, 2018|Categories: Environmental Services|Comments Off on How to Conduct an Environmental Services Contract Review

Understanding the Value of Cost Containment and Purchased Services for Hospitals

Hospital CFOs face a number of unique challenges in the ever-shifting environment of today’s healthcare. Rising pension contributions, skyrocketing pharmaceutical prices, and the constant need to invest in technology has driven expense growth. In fact, a report by Standard & Poor’s says that the expenses have outpaced revenue growth for healthcare systems in the United States for the first time since 2008. The problem for many hospitals is cost containment. Purchased services is one solution. Expense Growth Now Outpaces Revenue Gains A 2017 Moody's Investors Service report says that, at 7.2 percent expense growth versus 6 percent revenue gains, annual expenses eclipsed annual revenue

By |July 27th, 2018|Categories: blog|Comments Off on Understanding the Value of Cost Containment and Purchased Services for Hospitals

The Food Service GPO – Best practices to maximize your purchasing power

Each year, millions of dollars are spent on food purchases to feed Patients, Visitors, and Hospital Employees.  Every Hospital Food Service department across the US has the same concerns when it comes to using a Group Purchasing Organization (GPO).  Whether the department is outsourced or self-op, there are opportunities for free money from the distributors that are not taken advantage of. The main distributors all carry similar items from the brands they represent.  When the department buys items, they often come with a rebate back to the GPO.  The more they buy, the more that the GPO gets back from

By |July 9th, 2018|Categories: Food & Nutrition|Comments Off on The Food Service GPO – Best practices to maximize your purchasing power