GreenCastle

For more on Greencastle’s value maximization approach, read “Beginning at the End,” a feature article by Greencastle Consulting, which appeared in Health Management Technology.

“With Greencastle’s help, the whole team worked better together and achieved better results.”

Steve Smith
Former CIO
University of Pennsylvania Health System
Philadelphia, Pennsylvania

Value maximization

In too many cases, large projects succeed yet underachieve. But in today’s economic climate, it is crucial that hospitals, health systems and medical groups capture all possible benefits from each clinical transformation opportunity.

Enter value maximization. To us, value maximization is a deliberate process that combines the basics of project management, process improvement and elements of change management, yet takes it all one step further. Value management means the difference between simply being on time and under budget, and achieving true clinical transformation and benefit realization.

With a value management methodology, customizing your project activities to maximize benefits becomes clear. The concept owes its existence to the fact that applied technology, by itself, doesn't typically produce all the advantages one reads about in vendor literature. To capture the full potential, an organization must enhance the operations and workflow that surround any given technology solution. Users need to embrace the change, and, in the end, the system has to create better clinical and financial outcomes. Value management is about getting the most possible benefit out of any given opportunity.

Achieving success is much easier when all the plans and actions are linked together from the start. Planning for success is a great way to begin.

For more information on the steps that Greencastle uses in our value management methodology, contact us, or continue reading to learn how we can help your organization “PREP” for success.