Managing costs through clinical quality improvement.
Care-based cost management (CBCM) is an approach to managing costs that relies on improving clinical quality. The premise of CBCM is that providers have exhausted their ability to lower costs associated with traditional cost drivers: personnel, equipment, supplies, and other large expenses, such as information technology. Therefore, financial managers should focus on alternative organizational cost drivers: Processes of care. Complications. Social issues.
Davis
Ken
K
North Mississippi Health Services, Tupelo, Miss., USA. kdavis@nmhs.net
Otwell
Robert
R
Barber
Jeff
J
D003363:Cost Control / Q000379:methods*; D017598:Efficiency, Organizational; D017721:Hospital Costs; D017749:Total Quality Management / Q000191:economics*; D014481:United States