Hospitals Tackle Rising Costs with Outsourcing, AI, and Staffing Innovations
MedCity News
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Contributed by: Kate Gamble
Summary
As hospitals prepare for 2026, cost control has become increasingly critical, driven by workforce pressures and rising operational expenses. Approximately 70% of health organizations are focusing on staffing optimization, with many considering outsourcing non-core activities to enhance efficiency while also increasing salaries and bonuses to retain clinicians amidst high turnover. Additionally, hospitals are re-evaluating care models and investing in technologies like ambient AI to reduce administrative burdens, while also improving the alignment between revenue cycle teams and clinical staff to mitigate financial strains from claims denials. With supply costs rising 6-10% annually, effective value analysis and physician engagement in product selection are emerging as key strategies for better cost management.
