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AIHCM - American Institute of Healthcare Management

Mini course · Intermediate level

Cost of Poor Quality

Show leaders what errors, rework and waste really cost, and build the case for improvement.

1.5 hours · self-paced5 lessonsVerifiable digital credential
Cost of Poor Quality

What is Cost of Poor Quality?

Poor quality in healthcare costs money as well as harming patients: readmissions, complications, extra tests, longer stays, complaints and staff time spent on rework. Quantifying these costs helps make the business case for quality and safety investment. This course covers the cost of quality framework, identifying and estimating costs of failures, return on investment for improvement projects and presenting the financial case to leaders.

Duration
1.5 hours
Lessons
5
Level
Intermediate
Format
Online, self-paced
Outcomes

What you'll be able to do

  • Explain the cost of quality framework
  • Identify internal and external failure costs in a described service
  • Estimate the cost of a described adverse event or complication
  • Calculate the return on investment of an improvement project
  • Distinguish cash savings from capacity released
  • Present a financial case for quality improvement to leadership
Audience

Who this course is for

Quality DirectorFinance ManagerDepartment HeadQuality OfficerHospital Administrator
Curriculum

Course content

5 lessons · 1.5 hours total · free preview available

1

Quality Has a Price

16 minFree preview· Course content

Why poor quality costs more than prevention.

2

The Cost of Quality Framework

18 min· Course content

Available after you enroll.

3

Estimating Failure Costs

20 min· Course content

Available after you enroll.

4

Return on Investment

18 min· Course content

Available after you enroll.

5

Making the Case

18 min· Course content

Available after you enroll.

Credential

Earn a credential employers can check

Every AIHCM credential has a unique ID that anyone can verify online in seconds.

Verified
American Institute of Healthcare Management
Certificate of completion · Sample
Cost of Poor Quality
ID: AIHCM-SAMPLE
Issued: on completion

How it works

  1. Finish all 5 lessons at your own pace.
  2. Get your digital credential with a unique ID.
  3. Share it — employers can verify it at aihcm.us.
FAQ

Questions people ask

Do I need a finance background?

Basic understanding helps; Healthcare Finance for Non-Finance Managers is a good foundation.

Are estimates accurate enough to use?

They are estimates, and the course explains how to state assumptions transparently.

Is quality only worth investing in if it saves money?

No. Safety and patient outcomes come first; financial analysis strengthens the case.

Is a calculator included?

Yes, an Excel calculator with worked examples.

$19.00
1.5 hours · credential included
Enroll now