Sometimes, a high number is a good thing. Take, for example, a test score or an IQ. Other times, it can spell trouble. A prime example of this is the United States’ current consumer price index (CPI), a measure of inflation. The CPI is at its highest level in almost...
In its Crossing the Quality Chasm: A New Health System for the 21st Century report, the Institute for Healthcare Improvement (IHI) listed one of its “Aims for Improvement” as healthcare being efficient. In summary, the goal of this efficiency is reducing...