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Increasing Efficiency and Enhancing Value in Health Care: Ways to Achieve Savings in Operating Costs per Year


Description

This white paper describes the concepts and steps necessary to systematically identify and eliminate waste at health care organizations while maintaining or improving quality. It is divided into five sections:
  1. Three approaches to improving value
  2. Understanding the opportunity to decrease cost by reducing waste
  3. Developing a portfolio of waste reduction projects to reach the goal
  4. Tools for tracking “dark green dollars”
  5. Integrating waste reduction into organizational strategy

Developer

Institute for Healthcare Improvement

Funding Sources

Institute for Healthcare Improvement


QualityTool Topic

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History

  • Release Date: 01/2009
  • Original Summary: 03/2010
Disclaimer: The inclusion of a tool in the Innovations Exchange does not constitute or imply an endorsement by the U.S. Department of Health and Human Services, the Agency for Healthcare Research and Quality or Westat of the tool or of the submitter or developer of the tool. Read more.
QualityTool Classification
IOM Domains of Quality:

Last updated: November 06, 2013.