April 28, 2012, 6:03 pm
How One Hospital Bent the Cost Curve
By ANNIE LOWREY
“…..Many economists and health policy specialists think that changes made by insurers, hospitals and doctors to emphasize the quality of care rather than the quantity of care is a major factor [in slowing down health care costs]…..Children’s Hospital Boston offers a good test case…….Children’s went on a campaign to scrub unnecessary costs from the system while maintaining its renowned quality of care. It first tackled internal costs…….
Then, it tackled patient care, trimming unnecessary procedures and focusing on efficiency and preventative care. If you are a child with asthma, a nurse might come inspect your house and advise your parents to look into new mattresses, that could reduce the chance that you will end up in the emergency room with an attack. If you are a teenager with cancer, doctors might recommend that you receive intravenous hydration at home, rather than in a care facility…….
All in all, the hospital made more than 100 changes and cut tens of millions of dollars in costs…..”
Email This Post