FINANCIALS & INCENTIVES Steps

By completing this task, you will have:

• A clear financial model, including financials supporting long-term sustainability
• A list of internal and external sources of funding and secured a budget
• An overview of the outcome value-based internal incentive plan endorsed by HR and hospital administration

Tip

• Incentives encourage staff to challenge themselves to achieve higher degrees of productivity

Recap: You have clarified the key steps from a pathway of care and clinical outcome improvement perspective.

Aim: Develop a financial model and an incentive plan

Objective: A strong model is needed to secure the long-term sustainability of your CaReMe clinic – to drive your administration’s approval process and support, in the long run. Establish an incentive program for your CaReMe clinic to motivate staff. This should, ultimately, translate into improved efficiencies and patient outcomes in your CaReMe clinic.