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Value measurement in health care: a new perspective.
Healthc Financ Manage. 1999 Aug; 53(8):48-53.HF

Abstract

Vital to the success of any healthcare organization is the ability to obtain useful information and feedback about its performance. In particular, healthcare organizations need to begin to understand how non-value-adding work activities detract from their bottom lines. Additionally, financial managers and information systems need to provide data and reports throughout the continuum of care. Overall, healthcare organizations must align the management information and control systems with the planning and decision-making processes. The horizontal information system is a tool to manage three common problems facing today's healthcare managers: (1) the use of existing information to focus on control rather than improve business, (2) failure to focus on satisfying the customer, and (3) failure to combine their efforts with those of the employees by developing trust and a common focus.

Authors+Show Affiliations

College of Business Administration, University of North Florida, Jacksonville, USA.No affiliation info availableNo affiliation info available

Pub Type(s)

Journal Article

Language

eng

PubMed ID

10557800

Citation

Michelman, J E., et al. "Value Measurement in Health Care: a New Perspective." Healthcare Financial Management : Journal of the Healthcare Financial Management Association, vol. 53, no. 8, 1999, pp. 48-53.
Michelman JE, Rausch PE, Barton TL. Value measurement in health care: a new perspective. Healthc Financ Manage. 1999;53(8):48-53.
Michelman, J. E., Rausch, P. E., & Barton, T. L. (1999). Value measurement in health care: a new perspective. Healthcare Financial Management : Journal of the Healthcare Financial Management Association, 53(8), 48-53.
Michelman JE, Rausch PE, Barton TL. Value Measurement in Health Care: a New Perspective. Healthc Financ Manage. 1999;53(8):48-53. PubMed PMID: 10557800.
* Article titles in AMA citation format should be in sentence-case
TY - JOUR T1 - Value measurement in health care: a new perspective. AU - Michelman,J E, AU - Rausch,P E, AU - Barton,T L, PY - 1999/11/11/pubmed PY - 1999/11/11/medline PY - 1999/11/11/entrez SP - 48 EP - 53 JF - Healthcare financial management : journal of the Healthcare Financial Management Association JO - Healthc Financ Manage VL - 53 IS - 8 N2 - Vital to the success of any healthcare organization is the ability to obtain useful information and feedback about its performance. In particular, healthcare organizations need to begin to understand how non-value-adding work activities detract from their bottom lines. Additionally, financial managers and information systems need to provide data and reports throughout the continuum of care. Overall, healthcare organizations must align the management information and control systems with the planning and decision-making processes. The horizontal information system is a tool to manage three common problems facing today's healthcare managers: (1) the use of existing information to focus on control rather than improve business, (2) failure to focus on satisfying the customer, and (3) failure to combine their efforts with those of the employees by developing trust and a common focus. SN - 0735-0732 UR - https://www.unboundmedicine.com/medline/citation/10557800/Value_measurement_in_health_care:_a_new_perspective_ DB - PRIME DP - Unbound Medicine ER -