Chapter

Global Decision-Making

Boaz Ronen, Joseph S Pliskin and Shimeon Pass

in The Hospital and Clinic Improvement Handbook

Published on behalf of © Boaz Ronen, Joseph Pliskin, and Shimeon Pass 2018

Published in print March 2018 | ISBN: 9780190843458
Published online April 2018 | e-ISBN: 9780190843489 | DOI: https://dx.doi.org/10.1093/med/9780190843458.003.0016
Global Decision-Making

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The global decision-making methodology is a simple and effective tool for decision-making. It bypasses the need to determine the cost of service or cost of product as well as the product’s or service’s profit. Global decision-making methodology works well for pricing decisions, make-or-buy decisions, termination of services, bid pricing, determining service mix, and investment decisions. The methodology consists of three stages and provides practical tools for decision-making such as the measurement profile and the cost-utilization diagram. The methodology takes into consideration economic benefits as well as strategic benefits and intangible ones. It is simple to use, intuitive, and clear to communicate.

Chapter.  3839 words.  Illustrated.

Subjects: Clinical Medicine ; Medical Skills

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