Overview
- Provides tools and techniques specifically for those involved in healthcare QI
- Is designed to assist with the proposal process for those trying to get funding
- Addresses the changing healthcare landscape regarding value-based payments
- Is designed to be easy to understand and follow for those without training or background in data analysis or economics
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Table of contents (9 chapters)
Keywords
- ROI for health care
- ROI for quality improvement
- return on investment (ROI)
- monetary value of health care
- monetary value of quality improvement
- cost-benefit analysis of healthcare quality
- cost-effectiveness of healthcare quality
- how to estimate costs and benefits for QI
- quality improvement (QI)
- value of quality initiatives
- economic estimation of quality improvement
- health services research
- health economics
- health administration
- healthcare management
- medical quality
- public health management and practice
- healthcare quality and safety
About this book
Chapters describe the general framework for how to perform QI; establish standard definitions of important terms, concepts, and calculations; and provide specific instructions for how to complete each step of an ROI analysis. These include: selecting a QI initiativeand identifying the associated metrics, establishing measurable, monetizable, and attributable costs and benefits, determining the appropriate scope and perspective, calculating ROI and related metrics (payback period, benefit-to-cost ratio, etc.), comparing with established benchmarks or previously published results, and interpreting the results for the intended audience. In addition, chapters offer examples of real studies (or hypothetical studies of real situations), as well as templates for several of the necessary activities that readers can leverage for their own use.
Return on Investment for Healthcare Quality Improvement is a must-have resource for healthcare providers, administrators, and other professionals who work in healthcare organizations, hospitals and other healthcare settings, health systems, and residency programs seeking to obtain outside funding, as well as policy makers and administrators of federal programs.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: Return on Investment for Healthcare Quality Improvement
Authors: Craig A. Solid
DOI: https://doi.org/10.1007/978-3-030-46478-3
Publisher: Springer Cham
eBook Packages: Medicine, Medicine (R0)
Copyright Information: Springer Nature Switzerland AG 2020
Hardcover ISBN: 978-3-030-46477-6Published: 10 June 2020
Softcover ISBN: 978-3-030-46480-6Published: 10 June 2021
eBook ISBN: 978-3-030-46478-3Published: 09 June 2020
Edition Number: 1
Number of Pages: XIII, 263
Number of Illustrations: 39 b/w illustrations, 6 illustrations in colour
Topics: Health Services Research, Health Economics, Health Administration, Health Care Management