HFMA Cost Control
Partner: Healthcare Financial Management Association (HFMA)
Reduce Care Delivery Costs
Develop a Successful Cost Management Strategy to Sustain Premium Levels of Care
Successful healthcare executives understand the inherent connection between cost and quality, and they are actively striving to improve quality while containing costs. This goal requires long-term strategies with realistic short-term tactics. The HFMA Cost Control Library emphasizes the significance of merging clinical and financial processes to improve patient care and the bottom line. Managers and supervisors will learn proven approaches to initiating process improvements, curtailing supply costs, and scheduling clinical staff to maximize efficiency and maintain quality even when patient volumes vary widely. The combined results can contribute exponentially to the bottom line and help enhance the most significant outcome – adherence to quality patient care.
Impact:
Control Care Delivery Costs
- Identify opportunities to reduce length-of-stay without jeopardizing patient care
- Improve productivity to manage labor costs
- Measure and monitor outcomes to manage overhead effectively
Improve Processes
- Understand the keys to successful performance improvement
- Implement new processes using the PDCA (Plan Do Check Cycle)
- Establish controls to test and measure new processes, define key benchmarks,and illus
Features:
- Industry, peer-reviewed training from the industry leader
- Complemented by the HFMA Finance Suite and other HFMA content
Product ID: 01t300000013ICT