Web-Based Program from IHI: Strategies for Reducing Expenses Without Compromising Care

Organisations often engage in quality improvement because it is seen as the right thing to do. Any financial benefit that results from these improvement efforts is considered a nice bonus but not an expected goal. Furthermore, the structures of most payment systems employed in the industry have made it difficult for providers to experience significant financial benefits from quality improvement. However, given the continued rise in health care spending, coupled with the current state of the economy, a new way of thinking is necessary. Health care administrators and clinicians need to focus on creating efficiency while simultaneously maintaining or improving quality of patient care.To help organisations achieve this goal, the Institute for Healthcare Improvement (IHI) and the Healthcare Financial Management Association are co-sponsoring a three-part executive call series, Strategies for Reducing Expenses Without Compromising Care.This series of three web-based call sessions will help to create a portfolio of work that will systematically identify and eliminate waste, leading to a 1% to 3% savings in operating costs per year.

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