cost management and leadership: the ethical high ground

Summers, Jim; Nowicki, Michael
April 2005
hfm (Healthcare Financial Management);Apr2005, Vol. 59 Issue 4, p116
Trade Publication
This article focuses on the cost management and leadership in hospitals. In a departure from tradition, managing cost can be viewed as an opportunity to improve operating performance by taking the healing ethic seriously. The healing ethic, as Hippocrates viewed it, enshrines the idea of first do no harm, benefit only. The mission, vision, and values of most healthcare organizations suggest caring about patients. Although all healthcare organizations will say they care about patients, too many of them are planned, organized, staffed, directed, and controlled around the schedules, expectations, and needs of physicians and employees. This is an operations perspective, not a marketing perspective.


Related Articles

  • The new role physicians can't afford to ignore. FREIWAT, HANNY // Medical Economics;8/25/2015, Vol. 92 Issue 16, p43 

    The article discusses the integral role of physicians in a patient's medical life, which includes the role of financial advisor. Topics mentioned include the medical practice's best interest to minimize patients' financial risk, a report from management consulting firm McKinsey & Company on...

  • How to save $7 Billion. Miller, Julie // Managed Healthcare Executive;Jun2012, Vol. 22 Issue 6, p14 

    The article focuses on cost-cutting strategies opted by clinical providers resulting in the concept of waste reduction. Physicians of all disciplines are following attitude of stewardship, by not delivering certain medical services in certain situations that would result harmful. Radiologists...

  • The Infinite Costs of Futile Care--The Ultimate Physician Executive Challenge. Davila, Fidel // Physician Executive;Jan/Feb2006, Vol. 32 Issue 1, p60 

    The article presents information on the challenges faced by physicians to bring an end to futile health care. Due to faulty clinical decision making processes, futile clinical care is delivered. According to the essence of clinical decision making, the physician must determine alternative...

  • Inderscience Publishers: A healthy look at social media.  // Biomedical Market Newsletter;5/12/2012, Vol. 21, p1 

    The article offers information on a study published in International Journal of Electronic Finance, related with role of social media video conferencing platform in health care sector. Study reflects on changes in patient physician relationship with the use of social media tools and accessible...

  • Providing cost data to physicians helps contain costs. Awasthi, Vidya N.; Eldenburg, Leslie // hfm (Healthcare Financial Management);Apr96, Vol. 50 Issue 4, p40 

    Reports on the findings of a survey on the correlation between providing cost data to physicians and cost management in healthcare organizations. Awareness and use of cost information; Type of information hospitals provide; Perceived tradeoff between cost and quality; Factors motivating...

  • Six key areas of focus for evolving health care industry. Barglof, Mark // Journal of Business (10756124);9/12/2013, Vol. 28 Issue 19, pB5 

    The article offers suggestions on to improve business operations in the newly launched health care organizations. It mentions the strategies including the implementation of proper health care cost, the appointment of hospital's chief executive officer (CEO) and better patient care and health...

  • Employers seek tailored cost savings. Walker, Tracey // Managed Healthcare Executive;Nov2002, Vol. 12 Issue 11, p10 

    Reports on the effort of employers to manage healthcare cost in New York. Eagerness to obtain affordable health plan; Modification of the cost sharing between employees and employers; Increase in the healthcare cost of employers.

  • Quebec's Family Medicine Groups: Innovation and Compromise in the Reform of Front-Line Care. Pomey, Marie-Pascale; Martin, Elisabeth; Forest, Pierre-Gerlier // Canadian Political Science Review;2009, Vol. 3 Issue 4, p31 

    At their origin, public healthcare systems were designed mainly for the treatment of acute illnesses. For many years, therefore, public health care focused on services offered in healthcare establishments and primary care was allowed to evolve on the periphery of hospitals, with doctors free to...

  • Improving physicians' healthcare cost awareness.  // PharmacoEconomics & Outcomes News;9/7/2013, Issue 686, p4 

    The article reports that the knowledge and attitudes of physicians about costs and care can be improved using audit and feedback with patient cost and charge data, according to a study in the U.S.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics