Improving Performance: 4 Critical Areas that Can Impact Your Bottom Line
Health care organizations today face a myriad of disrupting challenges that impact operational and financial performance. Declining inpatient volumes, the transition from a volume-based to a value-based payment model, and the complexities associated with building a continuum of accountable care create a need to find new sources of revenue and operate with far greater efficiency.
With careful analysis, meaningful performance improvement opportunities exist throughout the organization. But where do you start? A holistic approach that includes non-labor/supply chain efficiency, revenue cycle optimization, workforce productivity and clinical operational effectiveness can result in rapid, significant and sustainable bottom line results.
What you will learn:
- Key areas to explore for measurable performance improvement opportunities
- The importance of improving clinical operational efficiency in reducing costs
- Examples of typical results that can be achieved
- Success factors for driving performance improvement initiatives
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