Posted in May 2013

Lessons from the Railroads: We’re in the Healthcare Business, Not in the Hospital Business

Lessons from the Railroads: We’re in the Healthcare Business, Not in the Hospital Business

What is the real difference between volume-based, fee-for-service care and value-based care? Answer: Being accountable for performance based on quality and economic efficiency, not “heads in beds” or the number of procedures and services. Hospitals must consistently provide high quality, efficient, reliable and predictable value. We are having a bit of a railroad moment in … Continue reading