Article by Mary Mosquera, Contributing Editor for Healthcare Finance News
Published on November 1, 2011
WASHINGTON – The Johns Hopkins University Hospital has saved $100,000 over a number of months by reducing its medical waste by 16 percent and by putting it in the correct containers…Regulated medical waste accounts for just 20 percent of the trash that is produced but 34 percent of what is paid for. Regulated but hazardous medical waste is only 4 percent of waste but accounts for 52 percent of the cost. “There is a lot of money in trash. About one half of that trash doesn’t need to be there,” he said at an Oct. 27 cost containment conference…
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