Reducing Waste in the Hospital Setting
January 27, 2021 Back in the Carter administration, there was an attempt at arresting the growing cost of government by implementing a methodology known as “zero-based budgeting.” The idea was to prohibit the long-standing practice of simply adding a set percentage increase to the previous year’s budget to reflect the budgetary needs for the coming year. Instead, each department would start at zero dollars and would then be required to undertake a study of what was actually needed for that…