Remove Hospitality Remove Performance Management Remove Variable Costs
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A Simple Way to Involve Frontline Clinicians in Managing Costs

Harvard Business Review

The approach was pilot tested in two successive stages over a one-year period at Raigmore Hospital, the largest hospital in the Highlands region of Scotland. Financial measures report variable costs broken out by a few major categories (including supplies, drugs, and staff) along with revenue and margin measures.

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It’s Time for Episode-Based Health Care Spending

Harvard Business Review

There is widespread agreement that if the United States is to achieve sustainable levels of health care spending, it must make greater use of payment mechanisms that reward physicians, hospitals, and health systems for the results achieved. decisions about device selection, diagnostics use, discharge planning, hospital admission).