Identifying Over 110 Opportunities Helps Organization Quantify the Cost of Harm
Quantify Impact of Improved Quality of Care
While healthcare organizations have long believed that higher quality amounts to lower cost, quantifying the impact of improved quality of care has proven difficult. Without the necessary tools, processes, and strong internal support, providers have been unable to demonstrate the real cost and margin impact of higher quality care.
For many organizations, the sheer number of potential improvement initiatives can be overwhelming. To strengthen their ability to quantify the cost of harm and prioritize where to take action, this small Midwestern health system made an effort to conserve resources and build internal capacity for identifying improvement opportunities.