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    Reducing Waste and Increasing Profit in Healthcare

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    Briefly explain how companies can reduce waste and increase profits, that is, closing the marginal gap and reducing costs (use the health care industry to explain this).

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    https://brainmass.com/business/accounting/reducing-waste-increasing-profit-healthcare-431458

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    Within the healthcare industry, companies can reduce waste and increase profits by putting in place information technology systems that are able to act as alerts to processes that have lapsed. The healthcare industry especially finds itself bombarded by workloads that its limited ...

    Solution Summary

    This solution explains how a health care organization can reduce waste and increase profits.

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