How Hospital Foodservice Can
Benefit by Cost Management
Hospital executives would affirm that overseeing the foodservice budget and financial performance of a single site or multi-site operation entails a lot of numbers. After all, metrics provide insight to measure the effectiveness of an operation and determine if objectives are being met.
Relative to managing a hospital foodservice budget, Food and Nutrition Services (FANS) need the visibility of operational activity. Otherwise, food spending can quickly become a black hole. Key metrics like the daily cost of food per patient or regular price updates from food vendors are crucial for cost and food waste management.
Automating with Computrition makes accessibility of accurate and real-time data
possible. Being that most of the hospital FANS departments are self-operated, automation places essential figures in the palms of foodservice directors. Even if an operation is contract managed, operators can keep their preferred automation while controlling foodservice costs.
After the first year of standardization, HCA West Florida saved $48,000 in supply spend and gained an additional $30,000 in guest tray revenue for a total net gain of $78,000!
HCA WEST FLORIDA DIVISION
What gets measured improves.
HCA TRISTAR DIVISION
Reports such as meal service history support our budget accountability as our inpatient meal service grows.
SASKATOON HEALTH REGION
Since data is tracked electronically, running monthly operating reports is a cinch. Subsequently, it’s simply a matter of continually reviewing metrics to ensure costs are regulated and best practices replicated. As information gets passed through the supply chain, healthcare executives are equipped to make data-driven decisions and ensure hospital-wide success.
Of course, with any implementation of technology, cost-effectiveness isn’t the only objective – there’s also yielding a return on investment! Automation helps FANS departments capitalize on additional revenue sources that can positively impact their hospital foodservice budget. Aside from the enormous cost savings outcome realized from standardizing processes, initiatives like retailing guest trays with room service, expanding onsite dining options, and setting up employee online meal ordering with rewards programs are just a few proven revenue generators.