Dr. Atul Gawande, MD, MPH, claims hospital leaders need five skills to tackle the cost and quality issue: they need to “collect data to recognize failure and success; develop solutions to problems based on that data; implement solutions effectively; identify the most important projects; and lead the organization through the process.” The Institute for Healthcare Improvement (IHI) has worked with a small number of organizations to develop these skills that reduce costs while improving quality. After a one-year collaboration, these organizations are on track to save a collective $30 million.
How can your hospital emulate this success? Join the year-long Impacting Cost + Quality initiative, starting in September and benefit from three live meetings, monthly webinars, personalized coaching, and collective learning. During the year, your organization will be immersed in this content and will build the capability to: Identify cost reduction and quality improvement opportunities that will reduce operating expenses by at least 1% per year, Craft a disciplined performance improvement cycle and a financial model to quantify savings, Create a leadership plan to achieve strategic results, and build an effective engagement strategy for front-line staff and physicians.
To learn more about the IHI Leadership Initiative Impacting Cost and Quality, click here.