When “Less than 1%” Matters … A Lot
Typically, when we read about results or statistics that suggest “less than 1%”, it’s normal to react that more than 99% is very positive or definitive, in that it’s almost unanimous as to the corresponding answer to a question or performance against a metric. But in healthcare, and specifically hospital systems, “less than 1%” can matter a lot, especially when that reference is to reimbursements – or Medicare payments. “Less than 1%” can be equivalent to thousands or millions of dollars in