1 research outputs found
Measuring Monetary and Non-Monetary ROI at MMC OpEx
Operational Excellence (OpEx) is a data driven approach to department based continuous improvement, minimizing costs, increasing efficiencies, engaging staff in a shared quality agenda and assuming a proactive approach to maintaining facilities. The OpEx platform assists in strengthening efficiency and patient safety at Maine Medical Center (MMC) by demonstrating alignment of goals across the entire organization. A recent publication by BMC Health services ββ¦ found that the ROI concept in healthcare QI aligned with the concepts of value and benefit, both monetary and non-monetary.β2. Currently, OpEx does not have a system in place to track these values. We are looking to identify the success and impact of our department, monetary and non-monetary outcomes