Venous Thromboembolism Prophylaxis in Surgical Patients [exemplar]-Section 0: Intro Video

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Video Summary

Lisa Hsieh discusses engaging physicians in quality improvement through a cost savings reinvestment program at Stanford Health Care. The program, which she chairs, aims to enhance patient care by involving physicians in developing initiatives that reduce costs without compromising care quality. Significant physician engagement is essential as they control 60-80% of healthcare expenses but often don't see cost reduction as part of their role. The program focuses on intrinsic motivation, encouraging physicians to take on projects that matter to them. Realized cost savings are shared with departments for reinvestment into various non-compensatory needs. Since its inception in 2017, the program has saved $37 million. It fosters collaboration among physicians, providing support through coaching and financial data, and captures a wide range of physician-driven project ideas. Successful projects require rigorous oversight, aligning with operational plans, and maintaining care quality. For further inquiries, Lisa invites people to reach out via email.

Keywords

physician engagement

cost savings

quality improvement

healthcare expenses

patient care