Question

How might six sigma be used to assess capital purchases, and to mitigate healthcare costs?

Answer 1

Six-sigma is best quality management tool which ensures the quality through best quality management tools makes the healthcare sector to be successful in their industry and stay ahead of their competitors. By giving quality product or services, the healthcare providers can develop a trust into patients about its brand. Six-sigma tries to focus on identify quality issues at the source for achieving near to perfect quality. Six-sigma can be used to assess capital purchases, and to mitigate healthcare costs by reducing expenditure on wasteful materials, improving quality of purchases in healthcare. Six-sigma process can help the healthcare as it can contribute to the quality of healthcare. This process can help them in delivering higher quality of care to their patients at reduced cost.