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      Lean-Six Sigma: tools for rapid cycle cost reduction.

      Healthcare financial management : journal of the Healthcare Financial Management Association
      Cost Control, Costs and Cost Analysis, Financial Management, Hospital, methods, Hospital Costs, organization & administration, Total Quality Management, economics

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          Abstract

          Organizational costs can be grouped as process cost, cost of quality, and cost of poor quality. Providers should train managers in the theory and application of Lean-Six Sigma, including the seven categories of waste and how to remove them. Healthcare financial executives should work with managers in eliminating waste to improve service and reduce costs.

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