article thumbnail

Don't Anesthetize Your Colleagues with Bad Writing

Harvard Business Review

Don't overuse I (try not to begin paragraphs or successive sentences with it), but do lean heavily on we, our, you, and your. It may be convenient to refer to COGS instead of spelling out "cost of goods sold." Those are friendly words that pull readers into a document. Use contractions. Use them judiciously.

VBM 10
article thumbnail

Health Care Providers Need a Value Management Office

Harvard Business Review

Staffed with dedicated professionals armed with the requisite skills, experience, and credibility, a central group can accelerate the realization of value improvements — better outcomes, more efficient processes, lower costs, and aligned payment models — across the organization.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

The HBS team has been using Time-Driven Activity-Based Costing (TDABC), an approach initially proposed by one of us (Bob Kaplan) and Michael Porter, to help providers pursue the value-based delivery of care. select a project team with the right skill sets. engage local physicians for each medical condition studied.

Mayo 8
article thumbnail

Getting Bundled Payments Right in Health Care

Harvard Business Review

They have successfully used bundled payments to capture the value created by cost-effectively delivering superior patient outcomes. Their experiences reveal three keys for successful bundling: excellent data on outcomes and costs, proactive management of the patient, and alignment between physicians and hospitals.