Cost Containment


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Cost Containment

Any act or strategy that attempts to reduce a company's spending. Limiting use of the corporate credit card by managers or disallowing personal long distance phone calls are both examples of cost containment.
References in periodicals archive ?
This is just one example of what consultant pharmacists can do to improve risk management and, as a result, help with cost containment in a way that improves, rather than erodes, quality of care.
Also since 1997, no jurisdiction has mandated the use of managed care and no new jurisdiction has added treatment guidelines as a cost containment method.
Further, an important factor affecting the ethical acceptability of most cost containment measures is the process by which those measures are adopted-that process should be public, allowing input from all affected parties so as to increase policymakers' accountability for their decisions.
Managed-care-type cost containment has succeeded in limiting cost increases to employers, but only by shifting responsibility for payments to the individual patient and to the public sector.
We rely on PHX to manage our entire cost containment efforts for post primary network re-pricing," said Christine Lindstrom, V.
We are confident that ADOC will experience significant results using this cost containment solution, and look forward to seeing how this success will affect the association's bottom line.
Government and payer cost containment measures will exert downward pressure on profitability
MedAvant, a leader in healthcare technology services, provides healthcare transaction processing, medical cost containment services through NPPN[TM], business process outsourcing solutions and related value-added products to physicians, payers, pharmacies, medical laboratories, and other healthcare suppliers.
FHM leads the industry in delivering the "lowest ultimate cost" in workers' compensation through cutting-edge cost containment, loss, fraud and safety programs.
Since 1988, SCRMA has built and maintained long-term relationships by providing customized workers' compensation claims and medical cost containment solutions in California.
Compiled from a series of live audio conferences in which these industry experts answered questions from the field, this report delves into a variety of topics, including cost containment, disease management, e-Health initiatives, HIPAA security and privacy, healthcare industry trends and workplace wellness.