Word: pieper
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...think the matter is not where to find the extra money, but it's a matter of reducing the cost to go with the money you get," says Pieper. "There are very few strategies that are very successful to argue that we will replace the money...
According to Pieper, Partners reduced the number of resident and fellow positions at its hospitals by five percent last spring, when it made a statement that it would continue such reduction until some balance had been achieved...
...Pieper says such measures don't even begin to offset the revenue loss that would occur with the proposed cuts...
Partners has also attempted to reduce the cost of hospital supplies by making commitments to vendors and suppliers in exchange for lower prices. But Pieper acknowledges that even with these savings, some layoffs and personnel restructuring are inevitable...
...large that no one should think that to meet that price we could use a catheter that costs less or a lower-priced catheter to begin with. There is an impact on people. We'll have to change the way we work and reduce our payroll costs," Pieper says...