Challenges of financial margins in obstetric units discussed

Challenges of financial margins in obstetric units discussed
In obstetric units, the challenges of reducing health care costs while improving the experience of care are complicated by the slowing birth rate, according to a clinical opinion piece published in the July issue of the American Journal of Obstetrics & Gynecology.

(HealthDay)—In obstetric units, the challenges of reducing health care costs while improving the experience of care are complicated by the slowing birth rate, according to a clinical opinion piece published in the July issue of the American Journal of Obstetrics & Gynecology.

Noting that hospital services, which often have narrow financial margins, are attempting to improve quality alongside reduced health care spending, Vivian E. von Gruenigen, M.D., from Summa Health System Akron in Ohio, and colleagues reviewed the challenges and potential financial solutions for labor and delivery units.

The researchers note that in the changing paradigm from physician-centered care to the transparent safety of teams, improving quality, efficiency, and cost requires considerable physician cooperation. Increasing the net revenue can result from a financial contribution margin, but considerable volumes are needed. In obstetrics, the challenge of this model is the slowing . To ensure sustainability, cost containment is necessary. Quality can be improved and costs reduced with the use of new incentive models that standardize hospital policies and procedures, such as reducing the use of expensive pharmaceuticals, minimizing elective inductions, and encouraging breastfeeding.

"As providers of health care to women, we all must engage in the triple aim of (1) improving the experience of care, (2) improving the health of populations, and (3) reducing per capita costs of health care," the authors write. "All health care providers and institutions must be vigilant on both [and] cost-effective care for sustainability, especially in obstetrics."


Explore further

Bipartisan recommendations can strengthen health system

More information: Abstract
Full Text (subscription or payment may be required)

Health News Copyright © 2013 HealthDay. All rights reserved.

Citation: Challenges of financial margins in obstetric units discussed (2013, July 25) retrieved 18 July 2019 from https://medicalxpress.com/news/2013-07-financial-margins-obstetric-discussed.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
 shares

Feedback to editors

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more