Name a business strategy being implemented in health care setting to contain costs.

Name: Name a business strategy being implemented in health care setting to contain costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

LEAN is a business strategy that aims to streamline processes and eliminate waste in order to increase efficiency and reduce costs. This approach is being implemented in many healthcare settings to improve the quality of care while containing costs. VIP, WOW, and SCS are not commonly used business strategies in healthcare.

Name a Business Strategy Being Implemented in Health Care Setting