Understanding your unit costs by services is a key tactic for reengineering them to drive great margins, ensuring that you are competitively positioned in your service market, and being prepared to negotiate new service development opportunities – especially those tied to the risks of alternative payment methods. Thoroughly understanding how to calculate and reengineer unit costs enables an organization to better achieve financial sustainability. Do you know your unit costs? Have you analyzed them to identify opportunities to drive greater margins? What role do unit costs play in designing new services and new payment methods? Attendees in this session will:
- Discuss the steps for calculating unit costs
- Examine the role of unit costing in service redesign
- Determine how unit costs impact contracting strategy