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Cost reduction programs for capital asset management.

Mr. Bluemke argues that healthcare institutions should include capital asset management in their CQI/TQM programs to gain the best cost reduction from those programs. He cites a recent survey of hospital executives that asked which of the potential benefits of capital asset management programs would have the most value for their institutions. Mr. Bluemke believes that cost reduction can be better achieved by hospitals finding more efficient ways of doing business than through government intervention.