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A Culture of Safety: A Business Strategy for Medical Practices

A Culture of Safety: A Business Strategy for Medical Practices


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James W. Saxton, Esq., Maggie M. Finkelstein, Esq., and Adam F. Marles, Esq.
 
Physician practices can enhance their economics by taking patient safety to a new level within their practices. Patient safety has a lot to do with systems and processes that occur not only at the hospital but also within a physician’s practice. Historically, patient safety measures have been hospital-focused and -driven, largely due to available resources; however, physician practices can impact patient safety, efficiently and effectively, with a methodical plan involving assessment, prioritization, and compliance. With the ever-increasing focus of reimbursement on quality and patient safety, physician practices that implement a true culture of safety now could see future economic benefits using this business strategy.