Cost control, a myth or reality: do hospital costs really go down when quality goes up?
Quality improvement is needed to meet the demands for quality while simultaneously reducing the cost of delivered health care. In a competitive market of corporate hospitals, quality improvement would lower the proportion of unit cost relative to potential revenue thereby increasing profit. For public hospitals, the mandate for 'minimum quality', which is the basis for accreditation, could also be attained by efficient use of hospital resources.
Pena
Alberto D
AD
Office of International Studies and Programs, Illinois State University, USA.
Ndiaye
Momar
M
D000068:Accreditation; D003363:Cost Control; D003695:Delivery of Health Care / Q000458:organization & administration; D004465:Economic Competition; D017598:Efficiency, Organizational; D017721:Hospital Costs / Q000639:trends*; D006779:Hospitals, Public / Q000191:economics* / Q000592:standards; D011785:Quality Assurance, Health Care