Measuring ROI in Healthcare

Description

By  Jack Phillips, Victor V. Buzachero, Patricia Pulliam Phillips, Zack L. Phillips

Healthcare costs in the United States are soaring out of control, and virtually every forecast predicts no end to this unhealthy trend.

Until now, there has been no way to quantify and prove the value of healthcare projects and programs. Measuring ROI in Healthcare is what the industry–and the nation itself–has been waiting for.

In this groundbreaking book (which is sure to heavily impact the healthcare industry), four ROI experts show you how to measure what was previously unmeasurable and place accurate dollar signs on what was formerly impossible to value.

Whatever healthcare improvement projects you plan to introduce–from systemwide medical procedures, technology implementations, and systems integration to nurse retention, risk management, and leadership development– Measuring ROI in Healthcare provides the tools you need to prove the worth of your project to decision makers.

This step-by-step guide to collecting, analyzing, and reporting data in a consistent manner explains how to:

• Align your project’s intended outcomes with organizational needs
• Collect and measure project participant feedback
• Evaluate the application and implementation of projects
• Measure business impact and connect improvement directly to your efforts
• Develop monetary values to calculate ROI

As budgets shrink and uncertainty grows, business leaders are demanding higher levels of accountability than ever before. Nowhere is this more apparent than in the healthcare industry.

Use the proven methods of Measuring ROI in Healthcare to make sure your programs and projects will deliver what they promise and convince any decision maker that the organization’s money will be well spent on your efforts.

Published by McGraw-Hill  in 2013.

(Hardcover)
ISBN-10: 0071812717
ISBN-13: 978-0071812719