Cracking down on cost outliers.
A systematic approach targeting both the patients and physicians whose costs are above the norm is a sustainable way to effectively reduce costs of care. Finance leaders should build teams of specialists who can provide data on outliers in real time, make changes as problems are identified, and track improvements. Using a care map analytic framework hospitals can identify problem areas while establishing mechanisms to better control and manage costs in the long term.
Jill E
JE
Sackman
Levi
L
Citrin
D000465:Algorithms; D003363:Cost Control / Q000379:methods; D003365:Costs and Cost Analysis; D003695:Delivery of Health Care / Q000191:economics; D004180:Direct Service Costs; D004469:Economics, Hospital / Q000458:organization & administration*; D014481:United States