Quality Symposium on “Return of Investment for Quality Improvement

Speciality Other Medical specialty - Quality management

Organizer AHMED HESHAM ELTAWEL

CME/CPD Provider Quality and Accreditation Directorate -MOH

Scheduled date(s):

From 22 October 2022 To 22 October 2022

Aims And Objectives

Return on Investment (ROI) is a common metric used in finance today for evaluating, approving, and measuring the success of investments or projects. The objective of this activity is to show how much financial gain a hospital or health system can obtain from each dollar it invests in a quality improvement program. Efficiency and cost effectiveness is vital for any healthcare system to improve patient and provider experience as well as for maximizing profit. This has an overall significant impact on addressing burden of diseases and population health. Healthcare Organizations need to continuously assess these challenges and systematically implement quality improvement strategies to achieve desired outcomes, such as waiting times/delays in services, length of stay, medication errors, diagnostic result turnaround times etc. Several tools and techniques are being used successfully across the world with sustainable results, however, there is no secret ingredient. Risks are inherent to every process and system and the healthcare system is no exception. In fact, risks in a healthcare system have a multitude of dimensions and there is no parallel in any other industry. Healthcare was also slow in adopting a quality and system safety approach to improve care processes as well as patient safety. However, once quality found its way within healthcare, the progress from a risk-intensive environment towards high-quality and patient-safe environment with financial benefits has been quite impressive. This Symposium addresses the need for financial considerations and it’s implications on overall healthcare quality in countries like Kuwait and GCC.

Content Outline

Linking Performance Measurement to Efficiency in Quality Initiatives Quality, Cost Efficiency and Value in Healthcare From Risks to Quality Improvement to Profitability Using variance tracking to improve healthcare outcomes and cost Quality and Patient Safety – bridging the chasm in resource challenged settings Return on Investment on various quality initiatives The Impact of transformational leadership on patient outcome; Clinical and Operational Improving Healthcare Quality and Cost with MINITAB Statistical Software

Target Audience

Target audience: number and background: …: No. of Audience: 300 - 400 Healthcare members Indicate plans for program evaluation: …