Finance and Business Strategy

Managing Variable Costs in Healthcare: A Patient-Centric Framework

September 3, 2024 1:52 pm

For every increment of care, there is a cost, and behind every cost, there is a real person with fears, pain, or unique conditions — the healthcare mission is best served when even non-provider employees keep this top of mind.

For example, for finance teams, managing variable costs in healthcare while maintaining focus on the patient is possible when hospitals, health systems, and provider organizations adopt a patient-centric view of cost and provide finance leaders a multi-dimensional view of patient-related input. 

Read this e-book to understand the seven dimensions of analysis that your decision support framework should provide: 

  • Opportunity analysis
  • Physician variation
  • Patient complexity
  • Process inefficiency
  • Unexpected outcomes
  • Patient experience
  • Payment impact
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