A financial argument for service-line management.
Service-line management is a management concept that focuses attention on specific segments of business within a hospital. Service-line management breaks down silos, fostering a team approach. Hospitals should use service-line management to grow strategically important services. Resources should be deployed appropriately. Hospitals should explore strategies for increasing volume of profitable services.
Nevers
Rick L
RL
Community Health Care Wausau Heart Institute, Wausau, Wisconsin, USA. rickn@waushosp.org
D003953:Diagnosis-Related Groups; D004465:Economic Competition; D005377:Financial Management, Hospital; D006739:Hospital Administration / Q000191:economics*; D017721:Hospital Costs; D006801:Humans; D007324:Institutional Management Teams; D017146:Models, Organizational; D010934:Planning Techniques; D011357:Product Line Management / Q000191:economics / Q000458:organization & administration*; D011445:Prospective Payment System; D014481:United States