Evidence Based Management (EBM) is about removing emotion, opinion, bias and personal experience from decision-making. Evidence Based Management is a business model whereby facts, data and verification are the only tools considered.
For healthcare, the original "assured-payment" model of Medicare created generations of managers who did not need any essential business skills. Now, US healthcare has 5,000 hospitals filled with clinical managers who lack sophisticated business skills. As a nation we do not have the proper skill-mix for the task at hand. The task is to lower costs, increase outcomes and improve the public perception of our care. This article offers a quick and simple solution illustrating Evidence Based Management.
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