A Healthcare Financial Management (HFMA) Report came out recently that talked about financial challenges facing hospitals and how they are dealing with them. One of the surveys noted more attention being given to process improvements.
Its not just a "quality thing", its also a "cost control thing". A wasteful process can cost you thousands of dollars and countless hours of wasted time. Especially if you look deeper at an area like medications.
We recently assessed a large hospital and uncovered over $900,000 worth of wasted medications and pharamacy and nursing time due to a less than ideal workflow. We, of course, position this as an opportunity for the hospital to decrease expenses in both waste and time. Most hospitals want the change, they just don't know where to start. Medications is a great place to begin.
I believe in my work.
Claire
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