Blood from a turnip. Financial models in case management.
The Baptist Health System has saved more than $5.4 million in a 3-year period as a result of its comprehensive case management program. The key to its success has been the pairing of financial cost data with key clinical information. Sharing this information with physicians and employing clinical experts as case managers has dramatically affected patient care across the continuum at the Baptist Health System. With more than 8 years of case management experience, the Baptist Health System's financial model has evolved into a concise method of measuring cost at the patient/day level. This cost information is analyzed by team members and used to improve patient care. At the core of this process is the case manager. By providing the case manager with the resources necessary, any healthcare institution can achieve significant financial savings and clinical process improvement.
Grant
P
P
Department of Medical Education and Research, Baptist Health System, Birmingham, USA.
Love
K
K
D019090:Case Management / Q000191:economics*; D005376:Financial Management / Q000191:economics*; D006801:Humans; D018803:Models, Economic; D016730:Program Development