Becker's Healthcare January 17, 2025
Rochester (N.Y.) Regional Health went from losing $1 million per day in 2022 to saving $300 million annually through a cost transformation leveraging technology and data to improve operational efficiency and cut costs.
“Data was a huge part of this at the outset of the transformation,” said Chris Ragsdale, vice president and CAO of Rochester Regional. “It really highlighted for us gaps in our own data and our ability to monitor internal operations, care delivery operations, finances with advanced data and analytics. The transformation was the impetus for building a new data infrastructure, new analytics capabilities, and hiring two new team members dedicated to analytics, which were table stakes for this transformation.”
The health system’s leadership identified opportunities for efficiencies...
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