title: The path to cost transformation.
abstract: A healthcare organization's efforts to strategically transform its cost structure in preparation for value-based payment invariably must begin with a systemwide assessment of cost and quality. Such an assessment should focus on three categories of performance improvement activities: margin improvement, business restructuring, and clinical transformation. A work-team approach is recommended, where teams with multidisciplinary representation assume responsibility for assessing specific areas (e.g., acute care enterprise, physician enterprise, business restructuring).
authors.forename: Jody
authors.initials: J
authors.lastname: Hill-Mischel
authors.forename: Walter W
authors.initials: WW
authors.lastname: Morrissey
authors.forename: Kimberly
authors.initials: K
authors.lastname: Neese
authors.forename: Timothy R
authors.initials: TR
authors.lastname: Shoger
mesh_terms: D003695:Delivery of Health Care / Q000191:economics*; D006801:Humans; D009936:Organizational Innovation