At Sg2, we tout the power of standardization and minimizing variation, but we also recognize that variation, in terms of volume fluctuations, medical care trends and catering to the varied needs of patients is a day-to-day reality. Fluctuating service volumes and case mix create performance complexities, affecting current operations and revenue cycles and influencing future strategic initiatives. The key to successfully navigating care fluctuations is to discern meaningful and actionable information from statistical noise in assessing data, recognizing patterns, managing what you can manage and preparing for what you cannot.
Obstetrics and Other Examples
In my world of obstetrics, where more than 4 million babies are born nationwide every year, accounting for approximately 13% of adult admissions, fluctuations in volume and changes in case mix significantly impact day-to-day management and long-term strategic planning for obstetrics leaders. Here are just a few examples of the variations inherent in obstetrics, according to the US Centers for Disease Control and Prevention: