Study shows hospitals profit heavily from surgical complications, according to new study in April issue of JAMA.
Reader Take-Away Points: 1) Surgeries are about half of what a hospital does, 2) Hospital Profitability for surgical complications is 330% higher for privately insured, and 3) Increased profits treating surgical complications for Medicare patients is 190% higher.
This study shows that Quality Improvement is a cost center for hospitals. This may explain why hospital industry is so far behind other industries in adopting routine Safety Principles proven effective in aviation and manufacturing sectors.
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