Soriant Source

What helps drive students to select YOUR campus?

A potential student has many considerations when selecting post-secondary education.   Three key factors that influence parents and prospective students when making the important college or university decision include: Financial Expense Educational Reputation Physical Environment Financial Expense Parents and students need to fully understand the total cost of the college or university they are considering.  This includes tuition, books, and room & board.   Due diligence can show that there is often financial aid, work programs, or scholarships to assist with cost. Campus Administrators are evaluating ways that they can attract students, thus providing revenue to ensure financial sustainability.  Good business

By |March 13th, 2019|Categories: Education Blog|Comments Off on What helps drive students to select YOUR campus?

Interim Management Consulting Services: Four Key Reasons to Hire an Interim Manager for your Hospital or Healthcare System

During times of crisis or change, hospital and healthcare organizations need help. Interim Management consulting services can make a crucial difference when an organization reaches a turning point. These services ensure stability to get through the immediate challenge and steer the organization to a more stable and profitable future. Interim Management consulting services provide a team of highly skilled and experienced healthcare managers and executives to work alongside the organization’s leaders. The team brings a fresh perspective that allows the organization to find effective solutions to problems. Interim leaders have extensive practical and management skills, but they are also

By |February 19th, 2019|Categories: Healthcare Blog, Interim Management|Comments Off on Interim Management Consulting Services: Four Key Reasons to Hire an Interim Manager for your Hospital or Healthcare System

Food Services Contracts: The Pros and Cons of different types of agreements

To determine the best contract for your organization, you need to understand the pros, cons and pitfalls.  The goal of this article is to educate you on how vendors make their money.  You can then use this knowledge to ensure that the income they are making from your organization is appropriate. Many times, I have gone to hospitals and completed a contract audit, only to find that the vendors are making excessive profits well above the industry standard of 4% to 6% of the total managed volume. The best time to negotiate a contract is at the start of

By |January 29th, 2019|Categories: Food & Nutrition, Healthcare Blog|Comments Off on Food Services Contracts: The Pros and Cons of different types of agreements

Six Sigma and Lean Interventions not working?

Twelve months post Six Sigma and Lean thinking intervention and you’ve taken all pertinent measures:  Eliminated negative processes in the value stream, and redesigned processes flow to cut down on wasted time and bottlenecks; yet you still aren’t realizing full cost-saving projections. What is going on? Our projections were accurate, and our implementation strategy was sound.  “So why are we still missing the mark?”  The answer may be more simple than you think. In many cases where we see a disconnect between projected and actual benefits of Six Sigma and Lean thinking, it has less to do with outcomes as

By |October 19th, 2018|Categories: Healthcare Blog, Lean & Six Sigma|Comments Off on Six Sigma and Lean Interventions not working?

Key Steps to Define an Achievable AND Deliverable Budget

Have you ever been handed a savings target dollar amount and been told you need to deliver that by year end? Did hard data drive the target to understand what is truly attainable and deliverable? Do you understand what a realistic percentage of that target can and should come from purchased/ support services? Below are clear guidelines which will allow you to set-up your support service department(s) for a successful 2019 budget year. PREPARE: Things to consider As preparation for your budget begins, start with a solid understanding of your overall strategic objectives. Is it to reduce the total operating budget by 5%? Decrease inventory or labor? Increase retail and

By |October 8th, 2018|Categories: Healthcare Blog, Soriant Source|Comments Off on Key Steps to Define an Achievable AND Deliverable Budget

Lean Six Sigma Produces Real-World Results at Mt. Washington

Lean Six Sigma, originally developed by Toyota to build highly reliable and consistent cars (Lean) with powerful statistical tools to understand and improve business processes (Six Sigma), is far from just another fad improvement methodology.  The dedicated team of Dietitians, Nurses, Physicians, and Nutrition Assistants at Mt. Washington Pediatric Hospital in Baltimore, MDused a Lean Six Sigma approach known as a Kaizen Event or Rapid Improvement Event to improve both the safety of its patients and the efficiency of its staff. Mt Washington Pediatric Hospital (www.mwph.org) is a specialty hospital that provides family-focused, integrated care to infants and children.  With

By |September 2nd, 2018|Categories: Healthcare Blog, Uncategorized|Comments Off on Lean Six Sigma Produces Real-World Results at Mt. Washington