title: Lean-Six Sigma: tools for rapid cycle cost reduction.
abstract: Organizational costs can be grouped as process cost, cost of quality, and cost of poor quality. Providers should train managers in the theory and application of Lean-Six Sigma, including the seven categories of waste and how to remove them. Healthcare financial executives should work with managers in eliminating waste to improve service and reduce costs.
authors.affiliation: Chip Caldwell & Associates, St. Augustine, Fla, USA. chipc@chipcaldwellassoc.com
authors.forename: Chip
authors.initials: C
authors.lastname: Caldwell
mesh_terms: D003363:Cost Control; D003365:Costs and Cost Analysis; D005377:Financial Management, Hospital / Q000379:methods*; D017721:Hospital Costs / Q000458:organization & administration*; D017749:Total Quality Management / Q000191:economics* / Q000379:methods