Reducing costs while maintaining high standards of care

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Reference no: EM133831458

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Cost Efficiency: Healthcare institutions are tasked with reducing costs while maintaining high standards of care. This can involve adopting new technologies, optimizing workflows, and reducing wastage. Value-Based Care: This model focuses on providing patients with the best possible outcomes at the lowest cost. It incentivizes healthcare providers to concentrate on patient-centered care and preventive measures.

Reference no: EM133831458

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