In order to thrive in an increasingly challenging healthcare environment, undertaking quality improvement projects is more important than ever for healthcare systems’ continued survival. However, health systems need to tackle the right projects at the right time to maximize the impact to their organization.
This article shares both clinical and financial and operational examples of quality improvement in healthcare that may help others as they tackle improvement projects. Some examples shared include:
Pharmacist-led Medication Therapy Management (MTM) reduces total cost of care.
Optimizing sepsis care improves early recognition and outcomes.
Boosting readiness and change competencies successfully reduces clinical variation.
New generation Activity-Based Costing (ABC) accelerates timeliness of decision support.
Systematic, data-driven approach lowers length of stay (LOS) and improves care coordination.
Clinical and financial partnership reduces denials and write-offs by more than $3 million.