Strategy

Quality Healthcare is Cheaper

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Most countries believe they could cut their healthcare budgets through reducing waste, says Harvard Business School Prof. Richard Bohmer. Poor quality care is also a source of waste, he says. Better quality means lower costs. The best healthcare institutions are characterized by the way they specify care, how they customize infrastructure around care processes and the way they monitor and measure their performance. They also have an underlying culture that supports learning and puts it into practice to improve patient care.
Bibliographic citation: IESE,, IESE INSIGHT (2012). Quality Healthcare is Cheaper.
Date: 01/03/2012
Author(s): IESE IESE; IESE Insight
Document type: Interview
Sector: Physicians and health
Languages: English