Develop recommendations to improve productivity
Detailed Question: Strategy: Improving efficiency through productivity and financial management
Expense per episode of care.
Shared savings, financial gains or risk-bearing arrangements from performance-based contracts.
Targeted cost-reduction and risk-management goals.
Management to Medicare payment levels.
Assignment instructions
Case: Physician Care Services, Inc.,
Now, you will develop recommendations to improve productivity and patient satisfaction. Consider what you know of Lean Management and Six Sigma principles and practices. Based on this understanding, ask yourself: What would the president and medical director want to know before making any financial and organizational decisions?
The Assignment: Based on the metrics you selected, analyze opportunities for improvement using Lean Management and Six Sigma principles.
Develop five measurable stretch goals.
Create a presentation with speaker notes, 5-7 slides in length (200-400 words per slide), that defines a culture of accountability and quality excellence and recommends how to foster this in the emergency department.
