ACHE Message Boards

Connect with colleagues on this online forum.
Welcome to ACHE Message Boards Sign in | Join | Help
Home Blogs Forums

Re: Financially Quantifying Process Improvement Projects

  •  03-19-2010, 8:30 AM

    Re: Financially Quantifying Process Improvement Projects

    Some of the advice you're getting is right on; some is "soft cost" advice. Here you go -- must quantify a direct reduction in the cost center(s) in the change process and/or the additional revenue from freed-up capacity that will begin ON THE DAY THE PROJECT ENDS. Many want to state "additional capacity that can accommodate additional surgeries", etc. That won't work & the CEO/COO/CFO will bale after about a yr. If revenue, project results get COUNTED on the day the new revenue begins; if revenue is only "hope", go for decreased staffing. A hard message, but the only ethical one to pursue. Good luck with your efforts.... Chip
View Complete Thread
Powered by Community Server, by Telligent Systems