Cost and efficiency lead to increased value for the patient and bottom line for the practice.
Understanding how much it costs to provide a service is a basic premise of any business. In addition, healthcare is in need of improved processes to provide and increase value to the patient. This can be accomplished by the application of principles called Six Sigma and Lean Management. Today's medical practice leader must be aware of the costs of doing business and be able to apply proven management principles to the processes involved in providing patient care.
Dahl
Owen J
OJ
Owen Dahl Consulting, 87 Lenox Hill Drive, The Woodlands, TX 77382, USA. odahl@comcast.net
D003362:Cost-Benefit Analysis / Q000191:economics* / Q000458:organization & administration; D017598:Efficiency, Organizational; D017048:Health Care Costs; D006801:Humans; D017060:Patient Satisfaction; D011216:Practice Management, Medical / Q000191:economics* / Q000458:organization & administration; D014481:United States