Cleveland Clinic keeps focus on costs, quality

12/10/2012 | Business Insider

Doctors at Cleveland Clinic are salaried and on one-year contracts, and they undergo professional reviews each year in an effort to reward quality over quantity, says CEO Delos Cosgrove, whose contract also is renewed annually. The hospital has reorganized with a focus on what a patients needs, rather than having separate departments for surgery, medicine and pediatrics. Outcomes and costs are measured and reported, and doctors are aware of how much supplies cost.

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