It’s been over a year since Aurora Health Care started one of the most efficient implementations of Strata’s Decision Support module. During the implementation Aurora not only built an improved cost accounting model, but also built an improved cost accounting process that engages a cross-functional team in cost development.
MYTHBUSTERS: Better Care is Most Cost Effective
In the effort to improve the quality of care and increase affordability, health systems need to empower their clinical leadership with Actionable data. Cost-accounting systems have become fundamental tools for health systems to reduce clinical variation…and for the first time actually providing the data to prove that better care IS most cost effective. Key to the success of these initiatives are partnerships with clinicians to improve the quality of care while using resources more effectively, as seen in the initiatives of organizations such as Yale New Haven Health (YNHH). Using metrics called quality variation indicators to translate negative quality outcomes into measurable costs, organizations can create a basis for communication on improving quality and reducing costs. Join this webinar to see how organizations are taking steps to ensure their clinical, financial and operational leaders all have access to data so they can work in collaboration versus live in conflict.