Asset Lifing Delivers $7.6 Million Value to Midwest Health System

Situation As part of Hospital Sisters Health System’s (HSHS) broad cost reduction initiative, HSHS partnered with Prism to explore financial opportunities in the organization’s Southern Division, comprised of four hospitals plus a recently constructed 144-bed replacement hospital. Prism identified significant potential annual depreciation savings through asset lifing, the practice of reviewing, and often correcting, the… Read More