Outpatient Surgery Magazine

Paycheck vs Purchasing Power - Subscribe to Outpatient Surgery Magazine - January 2018

Outpatient Surgery Magazine, providing current information on Surgical Services, Surgical Facility Administration, Outpatient Surgery News and Trends, OR Excellence and more.

Issue link: http://outpatientsurgery.uberflip.com/i/927090

Contents of this Issue

Navigation

Page 18 of 116

J A n U A R Y 2 0 1 8 • O U T PA T I E N TS U R G E R Y. N E T • 1 9 Surgery That Comes With a Warranty Ensuring successful outcomes could be good for business. W hat if you could guarantee that your patients would have successful out- comes? Offering such a promise might strike you as risky given that unforeseen infections and complications are bound to occur even in the most diligent ORs, but the recent innovation of sur- gical warranties — ensuring your patients have success- ful outcomes or else paying to fix any complications out of your own pocket — might actually carry less risk, and hold more cost reward, for you than you might think. Such was the gamble that Geisinger Health in Danville, Pa., took in spring of 2004. The group found that in order to build successful out- comes (and therefore have a backing to build a warranty program), it really started with forming specific guidelines for OR staff to follow. Initially, Geisinger leaders met to discuss the problems facing medi- cine — two of which being how American healthcare facilities spend 4 times as much money as other developed countries per capita and often do things to patients that don't have proven benefits — and began establishing not only how they could perform more successful- ly on patients, but also how they could save their health system money. The group found that it boiled down to one thing: doctors' idiosyn- Business Advisor Brielle Gregory | Associate Editor SUCCESS GUARANTEED By coming up with a set of best practices, some surgical facilities are able to guarantee their patients have suc- cessful outcomes.

Articles in this issue

Archives of this issue

view archives of Outpatient Surgery Magazine - Paycheck vs Purchasing Power - Subscribe to Outpatient Surgery Magazine - January 2018