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QUADRANTONE BENCHMARK PATHS
The QuadrantOne Benchmark offers you three pathways to becoming a low cost, high quality hospital
The Senior Team decides at the outset what they want to accomplish with performance improvement, with or without the assistance of HMC, and selects which program paths fit their hospital's needs. Some facilities require three years of stewardship and budgeting to be ready for serious performance improvement initiatives, while some facilities start on all three paths immediately.
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Budgeting Path
- This path is for financial analysts charged with creating a rational way to close the budget gap and avoid across the board cuts.
- The result is a budget that is realistic and achievable; with clear and fair priorities.
- HMC translates the benchmark targets into your organization's cost center targets.
- Budgeting Path components & resources >>
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Performance Improvement Teams Path
- This path is specially designed for focusing on priority areas that have high potential for improvement or are in mission critical processes.
- Improvements in quality and reduction of costs are targeted outcomes.
- Projects generally require multidisciplinary team members with various expertise
- PI teams path components & resources >>
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Stewardship Path
- This path is for engaging every manager in taking personal responsibility for ensuring effective and efficient use of the institution's resource.
- Participants may be unfamiliar with performance improvement concepts and need further development.
- HMC channels these managers' efforts towards idea generation and implementation.
- Stewardship path components & resources >>
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FURTHER READING
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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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QuadrantOne Benchmark
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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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