Product line management: financial incentives mean healthier patients.
For the past few years, The Washington Hospital Center has had a prepaid obstetric clinic program for uninsured patients. Although the program was satisfactory, some deficiencies had developed. For example, research had shown a high correlation between a mother's lack of prenatal care and high healthcare expenditures. By implementing a new program that included financial incentives for various prenatal care programs, the hospital was able to financially break even with the old program, have a more predictable financial performance evaluation, and have healthier mothers and babies.
D004219:District of Columbia; D005260:Female; D005376:Financial Management; D006739:Hospital Administration; D006746:Hospital Bed Capacity, 500 and over; D006748:Hospital Departments / Q000191:economics*; D006801:Humans; D009775:Obstetrics and Gynecology Department, Hospital / Q000191:economics*; D011247:Pregnancy; D011295:Prenatal Care / Q000191:economics; D011357:Product Line Management