ABSTRACT

This chapter emphasizes the Toyota business model and its relevance to American healthcare.

The Toyota model, in summary, is made up of the following:

The importance of Lean in the future healthcare environment is discussed along with the important concept of Žxed reimbursements and the criticality of minimizing costs. There are two ways of making a proŽt: The Žrst is to make the product for a cost less than the price at which it is to be sold.