What's The Diff?

The things Quicken Loans team members care about and want to share with the world

Stanford Hospital Employees are the $14 Million DIFFerence

Quicken Loans says Stanford Hospital is the DIFF! by whatsthediffblog, on Flickr Quicken Loans blog

By Jen Romanowski

I think I may have mentioned before that my morning routine consists of the same thing.  I wake up, get ready for work and then sit down with a cup of coffee to read the news online. 

This morning I followed the same routine and came across this amazing article that is the perfect example of The DIFF.  Stanford Hospital found themselves with a need to cut costs in order to finance a $2 billion Hospital Renewal Project – so they reached out to their employees and asked them for their money-saving ideas. 

Which makes complete sense.  The big guys at the top of a company are never close enough to the day-to-day operations to see those small things that may add up to be a big difference.   And boy did they add up…

Check out these savings -

  • De-linting only operating room towels =  $147,000
  • Smaller garbage dumpsters and fewer pick-ups = $87,000
  • Getting rid of unused phone lines and pagers = Over $100,000
  • Reducing printer counts and paper use = Estimated $400,000

Just these four changes add up to over a $700,000 cost savings!  That’s what I call one huge DIFF. 

To see more of the article go ahead and take a look.

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Comments

  1. Thank you very much for posting this.

    Posted by: Fogia | August 27, 2009

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Wednesday, August 16, 2017