Best Practices for Expanding Effective Capacity
Topics: Margin Performance, Finance, Capacity, Efficiency, Performance Improvement
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Executive Summary
Did you know that hiring a dedicated complex case manager could result in a 15% margin increase? Or that introducing a referring physician ambassador program could boost hospital margins by 5%?
As the population ages, inpatient volumes are expected to rise. In return, hospitals will need to devise inexpensive methods to increase capacity, boost throughput, and secure profitable procedural volumes.
This collection features best practices for expanding effective capacity, including tactics for:
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Secure and maintain a robust referral base by targeting physicians, patients, and payers.
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Minimize the impact of capacity crunch by improving throughput in the inpatient setting.
More from the Medicare Breakeven Project
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- Standardizing clinical resource utilization
- Boosting labor productivity
- Launching effective employee health initiatives
- Building flexible labor pools
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- Succeeding under value-based purchasing
- Achieving best-in-class documentation
- Bridging the gap on ICD-10 conversion
- Minimizing losses on readmissions
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- Managing an effective medical perimeter
- Securing physician referral networks
- Fostering growth in the ambulatory environment
- Evaluating service line performance
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Securing Profitable Growth
