A recent survey conducted by Cardinal Health showed that 24% of hospital staff have seen or heard of an expired product being used on a patient during a procedure (original article here). This comes as no surprise, as we have witnessed the usage of expired inventory at hospitals first-hand. Without the proper processes and vigilance […]
How Your Medical Devices Can Tell You When They’re About To Expire Read More »
One of the biggest obstacles to value analysis teams within hospitals is physicians who are reluctant to switch devices or vendors. Physicians often grow attached to certain medical devices, with good reason – they have been proven to work for them and their patients. Often times, showing evidence that a substitute item with similar functionality
Be Transparent With Physicians on Pricing to Drive More Value Read More »
With the seemingly endless amount of information clinicians are required to enter into medical records software each day, it comes as no surprise that doctors and other hospital staff are looking for short-cuts to reduce their documentation burden. At our customers, we’ve seen copying and pasting of data from templates or other patient records to
The Dangers Of Copy-And-Paste In Your Medical Records Read More »
Big data has been a buzzword in the healthcare industry for the past few years, but more often than not, the benefits of big data have been hard to quantify. Not so for St. Louis, Missouri-based Mercy health system. Mercy has recently turned big data findings in the perioperative area of their hospitals into savings
How Big Data In The OR Saved One Health System Nearly $10 Million Last Year Read More »
Data integrity is becoming a focal point of many hospitals that have recently gone live with their multi-million dollar electronic medical record (EMR) systems. While moving from paper to electronic medical records helps hospitals improve EMR accessibility and portability, it does not do much in the way of removing human error. This becomes a potential
Why You Need To Focus On Data Quality In Your Electronic Medical Record Today Read More »
You’ve seen the reports of larger healthcare systems and their investments into Electronic Medical Records (“EMR”). Most are spending hundreds of millions of dollars, and many are spending over a billion dollars! This includes the actual software modules of the EMR, vendor labor-hours spent implementing the project, consultants, your hospital IT budget, servers, and so
Leverage Your Electronic Medical Record Investment – You Only Spent Billions Read More »
Recent studies have shown a strong link between sharing pricing data with physicians and a resulting drop in case costs. The latest study to show this link was recently published in March 2017 in JAMA. According to JAMA, the OR Surgical Cost Reduction (OR SCORE) project was conducted in a single health system with multiple
Using Surgeon Scorecards To Drive Down Costs In the OR Read More »
Many US hospitals are now reaching the end of their electronic health records roll-outs. Companies such as Epic and Cerner have reaped large windfalls from these implementations at most hospitals across the country. While the software companies have benefited greatly from the implementations, many hospitals are left scratching their heads about how best to take
How to Get More Value Out of Your EHR Implementation Read More »
Recently, Global Healthcare Exchange (GHX) released its top priorities for healthcare supply chains in 2017. The priorities were the result of a survey of 50 leading supply chain provider organizations. At the top of the list was predictive analytics, with improved price accuracy between supplier and provider partners and standardized business processes/data across the organization
Survey Reveals Top Priorities for Healthcare Supply Chain Leaders Read More »
More hospitals are using the Triple Aim framework as a systematic approach to thinking about value. The Triple Aim framework from the Institute for Healthcare Improvement is designed to help hospitals optimize performance by focusing on three dimensions: Population Health, Experience of Care and Per Capita Cost. As hospitals dig deeper into the framework, they
Data and the Healthcare Triple Aim Read More »