To achieve sustainable growth and maximize organizational value, proactive leaders in hospitals and health systems nationwide are looking at each and every opportunity to reduce costs while improving outcomes, efficiency, and margins. Savings and revenue enhancements are increasingly difficult to find, but may be present in core Treasury Operations functions.
Based on our work with Treasury Operations teams of hospitals and health systems nationwide, Kaufman Hall advisors recommend 4 strategies/best practices to enhance Treasury Operations, detailed in this ebook:
- Build a Treasury Operations catalog
- Regularly review bank selections and pricing
- Study cash management in detail
- Create a team plan for Treasury Operations