Thomas Group, Inc. (NasdaqCM:TGIS), a global management consulting services firm that implements pioneering performance improvement strategies announced that the Greater Detroit Area Health Council (GDAHC), has awarded a second year implementation agreement to Thomas Group for its Save Lives, Save Dollars� (SLSD) health care initiative. The Save Lives, Save Dollars Initiative was convened by GDAHC and has brought together more than 75 stakeholders representing business, health care systems, physicians, health plans, union organizations, and other sectors in a spirit of collaboration. What started as a vision for regional collaboration on health care quality and access has developed into a significant movement to drive improvement in health care quality across Southeast Michigan and to derive cost savings through compliance with evidence-based guidelines �Health care organizations face a growing imbalance of supply and demand. Rising costs, expanding market demand, and increasing customer dissatisfaction characterizes healthcare in this decade. We believe that the Save Lives, Save Dollars initiative will help redefine the roles of patients, providers and payors and become the model for addressing health care quality and cost issues across the nation,� said Vernice Davis Anthony, president and CEO of GDAHC. She added, �Thomas Group is a company of innovators with an unparalleled track record of bringing clarity, expertise and synergy to a project. We have confidence in their expertise and ability to deliver innovative solutions that produce measurable results.� The Save Lives, Save Dollars goal is to achieve 100% adherence to select clinical guidelines and produce savings of $500 million over 3 years, or reduce the rate of increase in health care expenditures by 1�3% in Southeast Michigan. Thomas Group is working with GDAHC to develop and implement a cost-reduction strategy that maximizes quality while reducing costs. The strategy aligns stakeholders in Southeast Michigan to adopt standard performance metrics and measure performance, accelerate compliance with evidence-based guidelines and pay providers based on performance metrics. The implementation focus is on consistency, standards, controls, processes, compliance and communication among industry, health plans, hospitals, providers, and payors. �Thomas Group is honored to continue our support of the Save Lives, Save Dollars initiative. We are working with GDAHC to provide best practices, process implementation and management tools that are needed to successfully achieve GDAHC�s goals,� said Gary Morrison, SVP in the Health Care Practice at Thomas Group. �GDAHC advocates and leads change to improve the way health services are delivered, paid for and used within Southeast Michigan. We anticipate that this model will be implemented by other coalitions to bring about change and cost savings in health care.� About Greater Detroit Area Health Council (GDAHC) The Greater Detroit Area Health Council (GDAHC) is a regional, multi-stakeholder coalition dedicated to improving health care quality, access and cost in Southeast Michigan with an end result of improving community health status. The Health Council is actively involved in issue analysis, health care planning, community education and developing solutions for regional health care delivery. For more information, visit www.gdahc.org. About Thomas Group Thomas Group, Inc. (NasdaqCM:TGIS) is an international, publicly traded operational consulting firm. Thomas Group's unique brand of process improvement and performance management services enable businesses to enhance operations, improve productivity and quality, reduce costs, generate cash and drive higher profitability. Known as The Results Company(SM), Thomas Group creates and implements customized improvement strategies for sustained performance improvements in all facets of the business enterprise. Thomas Group has offices in Dallas, Detroit, and Hong Kong. For additional information on Thomas Group, Inc., please go to http://www.thomasgroup.com. This press release is also available at www.thomasgroup.com. All names and trademarks are their owner�s property. Thomas Group, Inc. (NasdaqCM:TGIS), a global management consulting services firm that implements pioneering performance improvement strategies announced that the Greater Detroit Area Health Council (GDAHC), has awarded a second year implementation agreement to Thomas Group for its Save Lives, Save Dollars(TM) (SLSD) health care initiative. The Save Lives, Save Dollars Initiative was convened by GDAHC and has brought together more than 75 stakeholders representing business, health care systems, physicians, health plans, union organizations, and other sectors in a spirit of collaboration. What started as a vision for regional collaboration on health care quality and access has developed into a significant movement to drive improvement in health care quality across Southeast Michigan and to derive cost savings through compliance with evidence-based guidelines "Health care organizations face a growing imbalance of supply and demand. Rising costs, expanding market demand, and increasing customer dissatisfaction characterizes healthcare in this decade. We believe that the Save Lives, Save Dollars initiative will help redefine the roles of patients, providers and payors and become the model for addressing health care quality and cost issues across the nation," said Vernice Davis Anthony, president and CEO of GDAHC. She added, "Thomas Group is a company of innovators with an unparalleled track record of bringing clarity, expertise and synergy to a project. We have confidence in their expertise and ability to deliver innovative solutions that produce measurable results." The Save Lives, Save Dollars goal is to achieve 100% adherence to select clinical guidelines and produce savings of $500 million over 3 years, or reduce the rate of increase in health care expenditures by 1-3% in Southeast Michigan. Thomas Group is working with GDAHC to develop and implement a cost-reduction strategy that maximizes quality while reducing costs. The strategy aligns stakeholders in Southeast Michigan to adopt standard performance metrics and measure performance, accelerate compliance with evidence-based guidelines and pay providers based on performance metrics. The implementation focus is on consistency, standards, controls, processes, compliance and communication among industry, health plans, hospitals, providers, and payors. "Thomas Group is honored to continue our support of the Save Lives, Save Dollars initiative. We are working with GDAHC to provide best practices, process implementation and management tools that are needed to successfully achieve GDAHC's goals," said Gary Morrison, SVP in the Health Care Practice at Thomas Group. "GDAHC advocates and leads change to improve the way health services are delivered, paid for and used within Southeast Michigan. We anticipate that this model will be implemented by other coalitions to bring about change and cost savings in health care." About Greater Detroit Area Health Council (GDAHC) The Greater Detroit Area Health Council (GDAHC) is a regional, multi-stakeholder coalition dedicated to improving health care quality, access and cost in Southeast Michigan with an end result of improving community health status. The Health Council is actively involved in issue analysis, health care planning, community education and developing solutions for regional health care delivery. For more information, visit www.gdahc.org. About Thomas Group Thomas Group, Inc. (NasdaqCM:TGIS) is an international, publicly traded operational consulting firm. Thomas Group's unique brand of process improvement and performance management services enable businesses to enhance operations, improve productivity and quality, reduce costs, generate cash and drive higher profitability. Known as The Results Company(SM), Thomas Group creates and implements customized improvement strategies for sustained performance improvements in all facets of the business enterprise. Thomas Group has offices in Dallas, Detroit, and Hong Kong. For additional information on Thomas Group, Inc., please go to http://www.thomasgroup.com. This press release is also available at www.thomasgroup.com. All names and trademarks are their owner's property.
Thomas Grp., Inc. (MM) (NASDAQ:TGIS)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Thomas Grp., Inc. (MM) Charts.
Thomas Grp., Inc. (MM) (NASDAQ:TGIS)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Thomas Grp., Inc. (MM) Charts.