Using Six Sigma to Improve Accounts Receivable at Shodair Children's Hospital
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Authors
Ekola, Ary
Carpenter, Ayla
Smith, Otis
Greff, Cole
Date of Issue
2020-04-24
Type
Presentation
Language
en_US
Subject Keywords
Business Administration , Business , Project Management , Process Improvement
Other Titles
Abstract
Our project mission was to find a solution to the A/R problem occurring at Shodair using the Six Sigma DMAIC process. By following the step by step process of the DMAIC method and evaluating specific A/R data for Shodair, we can reduce the payment days in the outpatient clinic from 47 days to around 40 days. If this solution is implemented it will provide more cash flow for Shodair and reduce liability.