Twin Towers Quarterly, Volume 1, Issue Nr. 4 - October 1958

              looking at both sides of
HOSPITAL
COSTS
When General Marshall in
his Harvard Commencement address some time after World War
II, proposed what became known
throughout the world as "The
Marshall Plan", he was asked
about "politics" and "waste". His
reply was in his usually frank
vein, that politics was always
unavoidable, and as for waste, if
we got 70% return on every dollar we advanced for aid, we
couldn't kick! The expected furor
followed.
It would be interesting to
have a National Management
Institute measurement made of
hospital waste. All hospitals
maintain their own record-keeping systems, their own accounting
and billing procedures, and their
own individual services in most
medical departments, be it an
expensive hospital facility such as
for heart, or cancer, or other costly equipment, or a comparatively
simple nursery or out-patient
department. In the sphere of employee placement, loss, and replacement alone, at least one
Denver hospital in a given year
turns over its personnel 100%!'
In many instances, the situation
resembles (and with the same unfortunate results) the college and