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Developing an economic model to reduce costs in a reengineered hospital environment
C C Caine1, J Seligman, I S Nash
1Cardiac Care Center, Mount Sinai Medical Center, New York City 10029, USA.
Abstract:
In its recent reengineering efforts, the Mount Sinai Hospital developed economic tools to assure that this major restructuring project would reach its predetermined financial objectives. We discuss how these tools were designed and implemented and what impact they had.