The patient asked Dr. Shah how much treatment was going to cost, and he hit a wall. He had no idea what the cost of care was. As a resident, he and many others abide by the Hippocratic Oath to first, do no harm, and always keep the patient’s health and safety at the forefront. In training, he says physicians simply are not trained to think about the cost, or financial well-being, of their patients. This lack of knowledge “eroded [the patient’s] trust in me,” Dr. Shah said.
AUGUSTA UNIVERSITY HEALTH SYSTEM LEVERAGES DECISION SUPPORT FOR COSTING AND PLANNING
Millions discovered in equipment and labor costs that are now accurately attributed to specific surgeries.
By integrating case cost data with financial data in its decision support system, Augusta University Health System can now gain a clear picture of the true cost of a single patient case. This big-picture view also helps leaders better leverage data on market share and volume projections for long-term planning purposes.
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