الثلاثاء، 12 يونيو 2018

Kaufman Hall recommendations for a successful healthcare cost reduction

Healthcare costs


The four strategies should help healthcare organizations to not only reduce healthcare costs, but transform the way organizations operate.
To implement successful cost transformation strategies, Kaufman Hall recommended the following leadership actions:
• Establish a new mindset and ensure accountability by creating organization-wide improvement teams, engaging executives and providers throughout the organization, and creating a cost transformation steering committee
• Create a cost improvement roadmap based on data analytics that addresses total cost of care, links cost goals to an integrated strategic-financial plan, combines top-down and bottom-up planning, and pinpoints cost reduction opportunities and sets appropriate targets
• Redesign the organization’s business and services portfolios, including eliminating inefficient service lines and facilities as well as those at risk for poor patient outcomes, consolidating services performed at multiple facilities, and ensuring broader access services (ie, primary care) are delivered in lower-cost settings
• Align care models and workforce with quadruple-aim 
goals

Over 50% of Orgs Lack Adequate Healthcare Cost Reduction Goals 

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