Hospital Budget Systems Are Holding Back Innovation
MARCH 29, 2018
A second, more radical solution is to create budgets and authority for a service line or integrated practice unit (IPU) that manages a patient’s entire treatment for a high-volume medical condition. The IPU is an essential component of the value-based care model advocated by Harvard Business School’s Michael Porter. Financial management Technology Innovation Healthcare Digital ArticleGillian Blease/Getty Images.