Session Details

Do your clinicians know your financial analysts? They should. In the Impacting Cost + Quality initiative​, IHI worked intensely for over two years with 60 health care organizations to drive out waste, reduce operating expenses, and improve quality. We learned that the key driver to successfully reducing operating expenses while maintaining or improving quality was partnership between clinical and financial teams. 

 

Collectively, these organizations are now on track to save $43 million

 

The new IHI program From the Bedside to the Balance Sheet, Engaging Frontline and Finance Staff to Lower Costs and Drive Quality, taking place March 13-15 at Intermountain Medical Center in Salt Lake City, UT, can help you get on the same track.

 

We’ve taken what we’ve learned from our two and a half year initiative and synthesized it into a hard-working, fast-paced, shortened session. Now, you can learn in two and a half days the proven strategies, tools, and best practices to save money and drive quality from more than two and a half years of the in-depth initiative. 

 

The faculty for this program hosted a free informational call in January. Click here to listen to a recording of this call; you can find the call slides here.

 

If you decide to enroll for this seminar, you will receive an invitation to the pre-seminar webinar on Tuesday, February 12. During this 90-minute introduction we will review the self-assessment tool and other pre-work. We will also describe the materials participants will be asked to bring to Salt Lake City in order to make the most out of this program.

What You'll Learn

Learn how to build efficient systems and lasting system redesign for ongoing cost and quality work. Specifically, you will:

  • Develop a customized process to reduce cost and maintain or improve quality for the long-term, 

  • Build a portfolio of cost reduction interventions,

  • Design a tactical plan for how to get finance and quality teams working together, and 

  • Create a set of portfolio metrics and a measurement system to capture savings.

 

At the end of this program, you and your team will have the tools and skills necessary to:

  • Remove 1 percent of operating expenses while improving quality in your target system in 12 months

  • Develop a framework for achieving strategic objectives in subsequent years that can be applied to improve quality while reducing expenses