Show pageBacklinksCite current pageExport to PDFBack to top This page is read only. You can view the source, but not change it. Ask your administrator if you think this is wrong. ====== Cost efficiency ====== [[Cost]] [[efficiency]] is the act of saving money by changing a product or process to work in a better way. This is done to improve the organization's bottom line by decreasing procurement costs and improving efficiencies across the board. ---- [[Value-based health care]] and [[quality]] improvement are related concepts used to measure and improve clinical care. Value-based care represents the relationship between the incremental gain in outcome for patients and [[cost efficiency]]. It is achieved by identifying [[outcome]]s that are important to [[patient]]s, codesigning solutions using [[multidisciplinary]] [[team]]s, and measuring both outcomes and [[cost]]s to drive further [[improvement]]s, and developing [[partnership]]s across the health system. cost_efficiency.txt Last modified: 2024/06/07 02:53by 127.0.0.1