Box Scores: Not Just for Baseball Anymore
To be true champions of quality and patient safety, clinical leaders can’t afford to be uninformed about the financial side of health care. As margins get tighter for many organizations, system executives need to reduce expenses. If frontline clinical leaders are unable to demonstrate value over time and encourage thoughtful decision making, clinical care may face reactive reductions that cut corners or even harm patients. Clinical leaders need fluency with financial management — not just clinical know-how — to make sure quality and safety are always the top priorities.
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