Leverage your team, clinical partnerships, and data to drive quality and patient value.
Hospitals today are facing greater pressure to deliver high-value services, in conjunction with excellent patient care experiences. Yet, decreasing revenues, increasing costs, and growing expectations from patients create a challenging environment. Hospital executives are investigating alternative approaches that drive continuous improvement in an environment that is changing more rapidly than ever.
A recent study by The Advisory Board showed that hospital CFOs view reduction in care variation as their single most important cost improvement opportunity. How much are the savings?
Despite the opportunity, truly successful and sustainable strategies that improve standardization of care are still elusive to health systems and their leadership teams. A primary reason most approaches have failed is that the unique contributions and perceptions of key stakeholder groups were not acknowledged or well-balanced.
