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The hospital can try to improve its utilization of its operating suites.
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Fortunately, much as virtualization enabled companies to improve their server utilization, new cloud management tools enable companies to optimize their public cloud usage, improving utilization and reducing cost.
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This gives business managers an opportunity to improve budgeting for projects, without having to worry about utilization rates or idle hours if there is a gap in demand.
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However, we expect that as the industry revives and demand picks up, TI could leverage this additional capacity and consequently increase its factory utilization rates which, in turn, will improve the gross margins.
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For example, the Northshore LIJ hospital system increased utilization of operating rooms by challenging teams to improve in a short period of time, which triggered ideas and actions for innovative scheduling, patient transport, and materials management processes.
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