Cost containment refers to managing and controlling expenses to keep them within a certain limit. It involves finding ways to reduce costs or prevent them from increasing too much.
Full definition
• Provided critical oversight
for cost containment strategies for the design, ordering and pricing of store merchandise.
• Developed spreadsheets that assisted Director with budget forecasts and provided recruitment and training for all new staff on policies and procedures while effectively saving thousands of dollars
on cost containment strategies for each managed project.
There is much advocacy around the issue
of cost containment as we enter the great debate over health care «reform.»
We are in the process of talking to our union representatives about health
care cost containment measures that will reduce the district's overall cost and provide additional wellness benefits to employees.
Performed complete restructuring of overall contracts, billing and project status with client senior management, and verified all projects completed
with cost containment initiatives, and greater revenue gain.
• Develop financial statements, review sales and activity reports, evaluate performance data to accurately measure productivity and goal success, and provide
cost containment measures where needed.
• Oversee and direct daily planning, implementation, management and integrity of all financial issues within the organization by
developing cost containment strategies.
Adept at combining progressive top - line growth strategies with responsible
cost containment practices to produce solid bottom line results.
Decisive and straightforward with transferable skills to develop presentations and documentation that address finance / business needs, implement cutting -
edge cost containment improvements, and strategically drive support initiatives for clear and concise business operations.
Some are appealing directly to clients» interests in
cost containment by emphasizing savings through low overhead (e.g., Virtual Law Partners) or fixed fees (e.g., Exemplar Law Partners, which touts «No hourly bill.
Provided clarification on all issues of office / facilities, from floor plans to IT infrastructure, and developed
innovative cost containment strategies for short - and long - term initiatives.
Skilled at
cost containment through project management, problem tracking, vendor relations, and personal initiative to accomplish business objectives.
Tool Room Manager — Banner Pharmacaps India Ltd., Gujarat, India 1996 — 1999
Successful cost containment initiatives for company's tooling budget, lowering by 30 % for Banner Pharmacaps, one of the largest soft gelatin capsule manufacturing plant in India, in collaboration with Banner Pharma of Holland and America.
• United Claim Solutions, which is backed by Great Point Partners, acquired INETICO, a Tampa, Fla. - based provider of health care
cost containment services.
Throughout my experience as a Facilities Management professional, I have successfully provided strong support and guidance to numerous employers and staff members, while implementing efficient and innovative
cost containment solutions to the complex issues facing employers in tough economic times.
What is required is for hospitals that wish to overrule patient / family values be required to continue treatment pending transfer — otherwise as
cost containment becomes increasingly the watchword, the futile care law could be used to dump patients due to their expense of their care.
With strong customer - centric focus, understanding of cultural diversity, and significant insight
into cost containment efficiencies, I feel that I am a knowledgeable and qualified candidate.
Acquired skills inventory includes: Construction management Project supervision Budget development
Cost containment techniques Contract negotiations Client relations Development and administration of required safety programs...
Carefirst delivers on this mission by operating as a non-profit, collaborating with the community and
promoting cost containment initiatives.
Led cost containment strategies that translated in more than $ 7MM USD savings in raw material costs.
Developed and implemented new automated budget formulation system that reduced personnel hours by 20 %, expedited submission and reduced revision response times by 10 %, and improved agency product — awarded letter of commendation by OMB and special award from agency head for project leadership and
cost containment success.
In addition, sales of our products are affected by pricing pressure, political and public scrutiny and reimbursement policies imposed by third - party payers, including governments, private insurance plans and managed care providers and may be affected by regulatory, clinical and guideline developments and domestic and international trends toward managed care and
healthcare cost containment.
In terms of the overall effectiveness of AFAs, study participants
named cost containment, increased legal budget predictability and greater efficiency, as the three major benefits of deploying AFAs for this type of legal work.
Phrases with «cost containment»