Developing an economic model to reduce costs in a reengineered hospital environment.
In its recent reengineering efforts, the Mount Sinai Hospital developed economic tools to assure that this major restructuring project would reach its predetermined financial objectives. We discuss how these tools were designed and implemented and what impact they had.
Caine
C C
CC
Cardiac Care Center, Mount Sinai Medical Center, New York City 10029, USA.
Seligman
J
J
Nash
I S
IS
D003363:Cost Control; D017046:Cost Savings; D005377:Financial Management, Hospital / Q000379:methods*; D006746:Hospital Bed Capacity, 500 and over; D006754:Hospital Restructuring / Q000191:economics*; D006784:Hospitals, Teaching / Q000191:economics* / Q000458:organization & administration; D006801:Humans; D018803:Models, Economic; D009519:New York City