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HOSPITAL BUDGET GAP MANAGEMENT & CASH FLOW OPTIMIZATION
Use the QuadrantOne Benchmark to evaluate the adoption of performance improvement methods and ideas by your managers
Every year managers throughout your hospital submit requests for capital equipment. That list, together with the capital requirements associated with your facility's strategy, places a demand on operations. Frequently there is a gap between those capital requests that can be funded through a combination of operations and financing. The Senior Leadership team makes a choice to reduce the appetite for capital, perhaps impeding the progress of the strategic mission, or the team decides to improve hospitals operations to meet the capital demands, that is, to close the gap.
Periodic replacement of depleted equipment can have an impact on the quality of care your institution provides. Your ability to provide modern facilities impacts patient, physicians and employees. It takes highly satisfied employees and physicians to generate excellent service for patients.
Communicating this value chain is the key to motivating your work force towards achieving performance improvement.
The QuadrantOne Benchmark contains the tools to evaluate:
- which managers are moving forward with cost reduction strategies,
- which managers are struggling with performance improvement concepts and techniques,
- and provides a corrective action pathway.
HMC has the tools you need to keep a pulse on your performance improvement progress.
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Request Demo access to learn more about how the HMC QuadrantOne BenchmarkTM increases quality and lowers cost.
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PARTNER TESTIMONIAL
"I would like to thank you and the HMC group for you continued support in our benchmarking efforts. We are fortunate to have a partner like HMC that helps us align goals with our hospital strategy, provide tools and forums for the education our management team, and exhibit the on-going willingness to assist us when the need arises.
HMC has become an important part of our culture and has challenged us to strive for our goal of providing the highest quality of care at the most appropriate cost. We are pleased to have the HMC partnership and look forward to future results and successes."
David Datz,
Regional Director Management Engineering
Phoenix, AZ
>> More Partner testimonials
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