Novel Quality Improvement Method to Reduce Cost While Improving the Quality of Patient Care

Mate KS, Rakover J, Cordiner K, Noble A, Hassan N. Novel quality improvement method to reduce cost while improving the quality of patient care: Retrospective observational study. BMJ Quality and Safety. January 23, 2020. [Epub ahead of print]

This article describes a quality improvement method called continuous value management (CVM), developed by IHI in partnership with NHS Highland, to assist health systems to reduce operating costs. Derived from Lean accounting and employing quality improvement (QI) methods, the approach allows for management to reduce or repurpose resources to improve efficiency.

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