By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    stress disorder
    5 Ways To Manage Post-Traumatic Stress Disorder
    October 27, 2021
    Medical device classification and development strategies
    Medical device classification and development strategies
    April 5, 2023
    varicose veins
    Varicose Veins Prevention: 3 Lifestyle Changes to Make Right Now
    May 1, 2022
    Latest News
    Beyond Nutrition: Everyday Foods That Support Whole-Body Health
    June 15, 2025
    The Wide-Ranging Benefits of Magnesium Supplements
    June 11, 2025
    The Best Home Remedies for Migraines
    June 5, 2025
    The Hidden Impact Of Stress On Your Body’s Alignment And Balance
    May 22, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Community Connection: Training Lay Responders For Disaster
    Community Connection: Training Lay Responders For Disaster
    April 14, 2019
    How Healthcare Organizations Can Improve Data Security
    September 28, 2020
    4 Car Accident Injury Tips To Get The Compensation You Deserve
    November 2, 2021
    Latest News
    Top HIPAA-Compliant Messaging Apps for Healthcare Teams
    June 25, 2025
    When Healthcare Ends, the Legal Process Begins: What Families Should Know About Probate and Medical Estates
    June 20, 2025
    Preventing Contamination In Healthcare Facilities Starts With Hygiene
    June 15, 2025
    Strengthening Healthcare Systems Through Clinical and Administrative Career Development
    June 13, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Collaborative Metrics in Healthcare
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Hospital Administration > Collaborative Metrics in Healthcare
BusinessHospital Administration

Collaborative Metrics in Healthcare

Ken Cohn
Last updated: October 2, 2014 8:00 am
Ken Cohn
Share
5 Min Read
collaborative metrics in healthcare
SHARE

I entitled this post “Collaborative Metrics,” because, during my ACHE seminar, Practical Strategies for Engaging Physicians, a healthcare executive said, “If we convert from fee-for-service too soon, we stand to lose millions of dollars. Help us figure out when to flip the switch.” Not feeling that I had the wisdom to be a market timer, I asked other hospital executives what metrics should we use as we move from volume- to more value-based care.

Contents
Collaborative Metrics: Improved Care ExperienceCollaborative Metrics: Population HealthCollaborative Metrics: Decreased CostsCollaborative Metrics: Conclusion

I entitled this post “Collaborative Metrics,” because, during my ACHE seminar, Practical Strategies for Engaging Physicians, a healthcare executive said, “If we convert from fee-for-service too soon, we stand to lose millions of dollars. Help us figure out when to flip the switch.” Not feeling that I had the wisdom to be a market timer, I asked other hospital executives what metrics should we use as we move from volume- to more value-based care. We agreed that, since we had multiple targets to hit at the same time, using the IHI Triple Aim provided a useful overarching framework.

collaborative metrics in healthcare

Collaborative Metrics: Improved Care Experience

HCAHPS survey questions have empowered patients and encouraged physicians and nurses to pay attention to how well we are anticipating and meeting patients’ needs. At the same time, we must pay attention to disease-based metrics for quality, which take into account the appropriateness as well as the execution of care, as practiced at Virginia Mason. Hospital-acquired infections, falls, readmissions, and mortality, when shared with the public, can encourage transparency and healthy competition among providers.  I hope that we can learn from near misses to the extent that we report them without blame, similar to commercial aviation.

More Read

America’s High Cost Healthcare Problem
Hospital Reporting of Surgical-Site Infection Rates
Using Stem Cells to Treat Chronic Lower Back Pain
Avoid These Dangerous Healthcare Misconceptions as a Millennial Business Owner
Articles about Disclosure in Online Communities

Collaborative Metrics: Population Health

It is here where programs such as smoking cessation, exercise and obesity counseling, cancer screening, and diabetes and hypertension testing and therapy come to the forefront. So do number of covered lives, leakage of referrals outside the system, percentage of patients in capitated coverage and narrow networks, pay for performance incentives, and emergency room use.

Collaborative Metrics: Decreased Costs

If we believe that the role of 21st Century medicine is keeping patient populations well, then we must regard hospital admissions as a cost, which puts hospital administrators in the paradox of being seen as cost centers at the same time that they are called upon to finance large expenditures, such as electronic health records. As I wrote in Collaborative Learning, paradoxes cause less anxiety when viewed as processes to explore rather than problems to solve. Collins and Porra in “Built to Last: Successful Habits of Visionary Companies”quoted F. Scott Fitzgerald, “The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time and still retain the ability to function.” Clearly, we will still need to measure and act on parameters such as days cash on hand, operating margin, and cost per case as we progress.

Collaborative Metrics: Conclusion

Admitting uncertainty allows us to form new alliances, of which I hope physicians will play a role. The borders between providing care and operations and finance are blurring, which requires hospital administrators and physicians to unite around what attracted them to healthcare careers in the first place: the opportunity to make a difference in the lives of patients and families in their communities.

As always, I welcome your input to improve healthcare collaboration where you work.  Please send me your comments and suggestions for improvement.

© 2014, all rights reserved

Disclosure:
I have not received any compensation for writing this content.  I have no material connection to the brands, topics and/or products that are mentioned herein.

Metrics / shutterstock

TAGGED:metrics
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

women dental care
What Is a Smile Makeover and How Much Does It Cost?
Dental health
June 30, 2025
HIPAA-Compliant Messaging Apps
Top HIPAA-Compliant Messaging Apps for Healthcare Teams
Global Healthcare Policy & Law Technology
June 25, 2025
recovering from injury
Rebuilding After Injury: Path to Physical and Emotional Recovery
News
June 22, 2025
scientist using microscope
When Healthcare Ends, the Legal Process Begins: What Families Should Know About Probate and Medical Estates
Global Healthcare
June 18, 2025

You Might also Like

Image
BusinessHealth ReformPolicy & LawPublic Health

Millions of Americans Could Lose ACA Subsidies

July 21, 2014
Image
Business

High Quality, Low Cost HealthCare Video Interview Series: Martha Bebinger and HealthCareSavvy

December 4, 2012
healthcare tweeting tips
BusinesseHealthSocial Media

Beyond the Buzz: Ten Tips for Healthcare Tweeters

July 4, 2014
Business

Women in Healthcare – It Is Time to Tell Your Story – XX in Health Week Starts 7/30

July 27, 2012
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?