| Literature DB >> 17193836 |
William J Ward1, Lynn Spragens, Ken Smithson.
Abstract
Following are key findings of VHA Inc.'s Transformation of the ICU collaborative: Instead of improving patient outcomes, focusing too much on reducing costs as a performance improvement strategy only lays the groundwork for increased quality problems and higher costs. Improving quality can improve the bottom line, as long as there is patient demand. As a type, hospitals are organizations that characteristically have high fixed costs. The more customers such organizations can serve with the same investment, the greater their profits.Entities:
Mesh:
Year: 2006 PMID: 17193836
Source DB: PubMed Journal: Healthc Financ Manage ISSN: 0735-0732