Is high-quality care also the most cost-effective?
Some organizations, like Yale New Haven (Conn.) Health, are using cost-accounting systems to correlate clinical data and resource use to determine the financial cost of high-quality and low-quality care.
Using metrics called Quality Variation Indicators (QVIs), YNHH and other organizations can use data to help a range of employees — clinicians, accountants, operations managers, service line leaders — communicate about actionable ways to improve quality and reduce costs.
Join Tushar Pandey, Vice President of the Decision Support practice at Strata Decision Technology, and Jennifer Ittner, Director of Continuous Improvement at Strata, during a webinar Aug. 3 to see how clinical, financial and operational leaders can use data to gain clinician buy-in and drive cost and quality improvement initiatives at their organizations.
Webinar registrants will learn:
- How robust cost-accounting data allows provider organizations to make smarter financial and clinical decisions;
- How to analyze strategies and processes that combine quality and cost data;
- And different costing methodologies and the need for cost accounting across the entire continuum of care.
To learn more, or to register, click here.