Healthcare reimbursement is the payment that healthcare providers receive for giving medical services. Value-based reimbursement is one of method of rewarding healthcare providers. The main aim of this model is to reduce the increasing costs by basis reimbursement on the quality of service. Value based reimbursement approach creates a balance […]

SPC (Statistical Process Control), are statistical devices founded on the theory of variation, employed to understand any process measured over a duration of time, normally to identify areas of improvement or maintain high performance levels. SPC uses time series analysis and graphical data representations to simplify information to a broad […]

Define Vision, Mission and Strategic Plan. To achieve its objectives, the management of any organization lays down a series of steps or statements to direct the organization. They include vision, mission and a strategic plan(Ginter et al., 2018). The vision of an organization provides the long-term targets of an entity. […]

In healthcare matters, benchmarking is a management tool for applying best practices at the optimum cost (Ettorchi-Tardy et al., 2012). Benchmarking allows for continuous improvement and enables the decision-makers in an organization to gauge the necessary improvement needed to reach and maintain satisfactory performance levels. It is a monitoring tool […]