TY - JOUR
T1 - A model for quantifying quality initiatives in intensive care
AU - Hampton, Debra
AU - Norton, Jeffrey
PY - 2006/1
Y1 - 2006/1
N2 - A balance should exist in healthcare organizations between the focus on cost containment and quality improvement efforts. This is particularly important in relation to critical care in that intensive care units (ICUs) absorb a significant proportion of the hospital's budget. The purpose of this article is to present a model that can be used to quantify the financial value to the institution of quality ICU outcomes achieved as a result of implementation of ventilator bundle initiatives. This one-bed ICU model illustrates the value of improving the care for one patient and cost, quantifying the outcomes that result through a focus on cost savings, revenue enhancement, and cost avoidance.
AB - A balance should exist in healthcare organizations between the focus on cost containment and quality improvement efforts. This is particularly important in relation to critical care in that intensive care units (ICUs) absorb a significant proportion of the hospital's budget. The purpose of this article is to present a model that can be used to quantify the financial value to the institution of quality ICU outcomes achieved as a result of implementation of ventilator bundle initiatives. This one-bed ICU model illustrates the value of improving the care for one patient and cost, quantifying the outcomes that result through a focus on cost savings, revenue enhancement, and cost avoidance.
KW - Business case
KW - Cost-effectiveness
KW - Cost-quality balance
KW - Financial model
KW - Intensive care
KW - Quality
UR - http://www.scopus.com/inward/record.url?scp=33644912081&partnerID=8YFLogxK
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U2 - 10.1097/00001786-200601000-00014
DO - 10.1097/00001786-200601000-00014
M3 - Review article
C2 - 16340692
AN - SCOPUS:33644912081
SN - 1057-3631
VL - 21
SP - 70
EP - 77
JO - Journal of Nursing Care Quality
JF - Journal of Nursing Care Quality
IS - 1
ER -