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

QualityTool

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

History

Release Date: 2009
Original Summary: March 2010
Last Updated: 11/06/13

QualityTool Classification

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