Remove Activity Based Costing Remove Efficiency Remove Porter Remove System
article thumbnail

Intelligent Redesign of Health Care

Harvard Business Review

The health care industry has survived economically by cross-subsidizing margin shortfalls in one activity with the revenues generated from others. But the very existence of these cross-subsidies is symptomatic of deep flaws in the health care reimbursement system. Kaplan and Michael E. The benefits from better utilization of capacity.

article thumbnail

The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

These efforts were part of the providers’ quest to increase the value of their care delivery — in other words, achieve better outcomes at the lowest-possible cost. measure both costs and outcomes for comparative analyses of care variation. select a project team with the right skill sets. Select a project team.

Mayo 8