• Total said cost reductions for 2017 will be more than $3.6 billion, above a $3.5 billion target, as it continued to drive down costs by measures such as reducing the number of expensive contractors in places like Nigeria and Angola. (reuters.com)
  • AMSTERDAM, Feb 25 (Reuters) - Dutch postal group PostNL on Monday reported better-than-expected profit for the final quarter of 2012 and said it would seek 400 million euros ($526 million) of savings this year as part of an ongoing reorganisation. (reuters.com)
  • ZURICH (Reuters) - Swiss drugmaker Novartis NOVN.VX posted a quarterly rise in sales that missed expectations and said it would focus on eking out gradual cost savings to boost margins as it prepares a radical business overhaul. (reuters.com)
  • Just as you would be hard-pressed to calculate how much extra money you spend each year at the convenience store, hospital administrators were in the dark when it came to quantifying the cost of inefficient supply control, labor management, and clinical resource utilization. (ibm.com)
  • The hospital then uncovered another $4.1 million in cost savings, by working with a consultancy and applying a proprietary tool to break down resource utilization by diagnosis, physician, revenue center and intensity of service, and using the results to streamline the number and variety of materials used. (ibm.com)
  • Using an industry leading comparative database, the health system was able to benchmark its performance in cost, productivity, and resource utilization against best-in-class facilities of similar size and demographics. (ibm.com)
  • Current VTT definitions and methodologies for its assessment and subsequent recommendations focus on time and cost savings related to the personal "Travel Time Budget" (TTB), the constant amount of time one invests in daily mobility. (springer.com)
  • File & Serve electronic service (E-Service) offers a time, effort and expense-saving alternative to conventional paper-based service of documents. (lexisnexis.com)
  • 3 . The system of claim 1 , wherein the specified cost savings goal is for a particular combination of one or more items, suppliers, time frames, units within an organization, or personnel within an organization. (google.com)
  • Nearly 90 percent of participants [89 percent] said that quality of patient care was improved, and 82 percent of participants said that valuable time was saved, reporting a mean time savings of 105 minutes per patient," according to study author Christine Carr, MD, of the Medical University of South Carolina, in a news release. (healthcareitnews.com)
  • Janet Robles, the assistant superintendent of finance for PSJA said, "At a time when healthcare costs have continued to rise across the country, HealthSmart's Clinic costs have remained the same, providing an increased return on investment. (prweb.com)
  • Cost savings were more likely to be found in the earlier studies suggesting that cost savings, if any, erode over time. (tni.org)
  • As everyone spends much time on the move, engaged in leisure or work activities, travel time represents one of the largest costs of transport. (springer.com)
  • This is going to be a process over time that allows us to continually lower our costs and continually drive margin growth. (reuters.com)
  • Additionally, with interest charges over as many as 25 years per contract, the projects are actually costing a lot more than if Congress would just appropriate funding for them rather than financing them over long periods of time. (wikipedia.org)
  • Usage-based insurance (UBI) also known as pay as you drive (PAYD) and pay how you drive (PHYD) and mile-based auto insurance is a type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place. (wikipedia.org)
  • During that time, since the IndyCar Series had only one engine manufacturer, Honda focused on minimizing engine failure and minimizing costs instead of defeating rivals. (wikipedia.org)
  • For instance, nurses and doctors within a hospital can maintain voice communications at any time at less cost, compared to cellular service. (wikipedia.org)
  • The system needed to find cost savings quickly, but rather than implement a blanket, across-the-board expense reduction, CHRISTUS Trinity Mother Frances turned to data analytics to spotlight the areas where it could improve the most. (ibm.com)
  • The United States Department of the Army (DOA) use of ESPCs is focused on the reduction of energy and water consumption, with ancillary benefits of achieving facility improvements, improving the quality of life in the Army, and ultimately reducing the overall energy costs of the Installations. (wikipedia.org)
  • With usage-based insurance, this reduction would be immediately reflected in the cost of car insurance for that month. (wikipedia.org)
  • Since the typical fume hood in US climates uses 3.5 times as much energy as a home, the reduction or minimization of exhaust volume is strategic in reducing facility energy costs as well as minimizing the impact on the facility infrastructure and the environment. (wikipedia.org)
  • Milton Friedman argued for the modern concept of vouchers in the 1950s, stating that competition would improve schools, cost less and yield superior educational outcomes. (wikipedia.org)
  • Cost savings crucially depend on the nature of public service markets, the characteristics of the service itself, the geographical dimension of the market in which the city is located, and the industrial structure of the sector. (tni.org)
  • However, the general concept of pay as you drive includes any scheme where the insurance costs may depend not just on how much you drive but how, where, and when one drives. (wikipedia.org)
  • Remote patient monitoring through mobile technology can reduce the need for outpatient visits and enable remote prescription verification and drug administration oversight, potentially significantly reducing the overall cost of medical care. (wikipedia.org)
  • By collecting data on inventory visibility, demand flow optimization and management of physician preference items, the hospital found that it had excess inventory on a number of items, was paying too much in distribution costs, and had widespread variation in items and resources requested by different physicians. (ibm.com)
  • However, savings is not always measured in dollars, but could include increased employee productivity, lower energy costs, and enhanced end user experience through improved service levels. (cisco.com)
  • This black-and-white comparison allowed leadership to quickly identify areas where the system was underperforming its peers, notably in supply and labor expenses, labor productivity, skill mix, patient length of stay and costs associated with purchased services. (ibm.com)
  • This is a straight forward piece of legislation that gives our counties the latitude they need to find cost savings for residents by utilizing natural structures as snow breaks in winter and reduce the cost of snow removal services. (chicagotribune.com)
  • One quarter of all respondents reported that they had reduced both capital expenditure and operational expenditures such as staff, power, rent and maintenance costs. (datacenterknowledge.com)
  • Lack of flexibility/agility was cited by 25% of cloud customers (a tie with inadequate management, and increased operational costs) as the third highest barrier to deployment, but flexibility and agility had been cited as benefits to deployment. (datacenterknowledge.com)
  • Hand Dryers and Other Sustainability Renovations Lead to Significant Savings The Boston Red Sox launched the Fenway Greening initiative back in 2008, along with the Natural Resources Defense Council (NRDC). (exceldryer.com)
  • The diabetes initiative is the first to go nationwide - and Blum said it should put an end to unscrupulous practices such as shipping cartons of supplies to diabetics who haven't run out yet and billing Medicare for the cost. (yahoo.com)
  • As part of an organizational transformation initiative, the hospital wanted to fine tune its supply chain to make sure clinicians consistently had easy access to the right items, in the right place and at the lowest possible cost. (ibm.com)
  • A coalition of law enforcement officials, murder victims' family members, and wrongly convicted people launched the initiative campaign for the "Savings, Accountability, and Full Enforcement for California Act", or SAFE California, Prop. 34. (wikipedia.org)
  • Proponents of Prop. 34 cite the cost of implementing the death penalty as a major motivating factor behind the initiative. (wikipedia.org)
  • These claims are refuted by a substantial body of research that has documented significant savings from privatization/competition. (reason.org)
  • Proponents of privatization argue that it saves costs due to competitive pressures private providers face to be more efficient, but our comprehensive scientific analysis found no empirical support for cost savings. (tni.org)
  • Proponents of privatization consistently argue that it saves costs due to competitive pressures private providers face to be more efficient. (tni.org)
  • Bill Paulk, HealthSmart's Vice President of Clinic Operations was extremely pleased with the results and stated, 'Our programs, clinic staff and dedicated medical team continually search for ways to improve the District employees' health while reducing the cost of their medical benefits. (prweb.com)
  • The following service-by-service table is a compilation of cost studies that compare the costs of inhouse (sole-source) government agencies versus alternative-and mostly private-sector providers. (reason.org)
  • However, studies of the energy cost-savings of active versus passive chilled beam systems remained inconclusive as of 2007, and appear to be highly dependent on the specific building. (wikipedia.org)
  • In a recent Annual Report to the Pharr/San Juan/Alamo (PSJA) Independent School District, HealthSmart reported a total healthcare plan savings of $707,685 for 2010 and a total average annual savings of $464,768 for the past six years. (prweb.com)
  • There was also an average saving of Rs 66 per transaction for 12 states where the survey was conducted(total cost=travel cost per tripXno.of trips+wage loss +proportion paying bribeXaverage bribe amount). (wikipedia.org)
  • In Tamil Nadu, the cost per transaction increased, from 296.55 to 376.63 with a total cost increase of Rs 80.08. (wikipedia.org)
  • These natural snow breaks reduce the cost and need for snow removal and melt services that are major annual cost drivers in highway maintenance budgets. (chicagotribune.com)
  • More than 100 studies over the course of the last 20 years have demonstrated privatization/competition cost savings in service areas from airport operation to weather forecasting. (reason.org)
  • The technology would enable RTA to keep the Dubai metro assets in service longer while driving down the cost of parts and in turn passing this saving back to the customer, the agency reported. (metro-magazine.com)
  • Six in 10 cloud computing customers say that they've been able to reduce their IT capital costs, according to a recent survey, in which end users also report that cloud deployments have improved service quality, reduced IT operations costs, and reduced IT management complexity. (datacenterknowledge.com)
  • These statistical results confirmed no difference in costs between public and private production of water service. (tni.org)
  • Energy Savings Performance Contracts (ESPCs), also known as Energy Performance Contracts, are an alternative financing mechanism authorized by the United States Congress designed to accelerate investment in cost effective energy conservation measures in existing Federal buildings. (wikipedia.org)
  • ESPCs allow Federal agencies to accomplish energy savings projects without up-front capital costs and without special Congressional appropriations. (wikipedia.org)
  • Energy Savings Performance Contracts are regulations created by the Federal Energy Management Program (FEMP) of the United States Department of Energy (DOE) as required by the Energy Policy Act of 1992. (wikipedia.org)
  • United States Department of Energy (DOE) energy savings performance contracts are indefinite delivery/indefinite quantity (IDIQ) contracts designed to make ESPCs as practical and cost-effective as possible for Federal agencies. (wikipedia.org)
  • MacDonald said that outsourcing can help drive growth in a number of ways: by improving operating costs, turning fixed costs into variable costs, getting assets off the balance sheet, freeing up cash for investments, accelerating expansion through providers, and helping your business enter new markets. (techtarget.com)
  • The savings must be guaranteed and the Federal agencies may enter into a multiyear contract for a period not to exceed 25 years. (wikipedia.org)
  • Six in 10 cloud computing customers say that they've been able to reduce their IT capital costs, according to a recent survey of 159 end users by Enterprise Management Associates (EMA). (datacenterknowledge.com)
  • Underlying the $7.7 billion offer for the maker of Ball Park hot dogs and Hillshire Farm deli meat is a bold bet that Tyson, the largest U.S. meat company by sales, can carve hundreds of millions of dollars in cost savings from Hillshire's operations and sell more of its products to convenience stores and school systems. (wsj.com)
  • Instead of turning to lower-cost foreign factories, Mark Miller maintained his assembly and distribution operations in the United States. (wikipedia.org)
  • Of the enterprises already running cloud computing, lowered IT capital costs (hardware, facilities, licenses, etc.) was cited by 61% of respondents. (datacenterknowledge.com)
  • As emergency physicians, we are dedicated to improving care for our patients and also to reducing health care costs," said Saef, in a press statement. (healthcareitnews.com)
  • The transit agency expects that as customers switch from traditional paper passes to mobile fares, it will be able to save on printing and outlet distribution costs. (metro-magazine.com)
  • In one embodiment of the present invention, a cost savings analysis system includes one or more software components. (google.com)
  • Telematic usage-based insurance (i.e. the latter two types, in which vehicle information is automatically transmitted to the system) provides a much more immediate feedback loop to the driver, by changing the cost of insurance dynamically with a change of risk. (wikipedia.org)
  • The primary advantage of the chilled beam system is its lower operating cost. (wikipedia.org)
  • By being able to target the delivery of clean outdoor air where it is needed (rather than injecting it into the entire system and heating or cooling it), there is a reduced need to treat large amounts of outdoor air (also saving money). (wikipedia.org)
  • In one case, the Genomic Science Building at the University of North Carolina at Chapel Hill lowered its HVAC costs by 20 percent with an active chilled beam system. (wikipedia.org)
  • We're hearing customers say they want IT innovation and people management, not just low cost,' Adamiak said. (techtarget.com)