We’ve all seen it (and maybe even done it ourselves) – thousands of dollars of medical devices tucked away in our desks, filing cabinets, ceilings, wherever we can find a secret space. This isn’t a practice intended to waste hospital dollars, it’s done with the best intention – patient safety. When a patient needs a […]
How to Use Data to Get Lean With Medical Devices and Increase Patient Safety Read More »
All successful endoscopy practices within private practices and hospitals face the same dilemma – how do I track down scopes that have gone missing? With numerous docs, interns, techs and nurses all having access to all the scopes in your facility, it’s a near impossibility to keep track of all of your scopes with 100%
How To Make Your Scopes Tell You When They’re Missing 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 »
There has been a lot of discussion lately about the number of days a flexible endoscope can safely be in storage before another cleaning is required. Different medical societies like SGNA, ASGE, AORN and APIC have come out with guidance on what the appropriate hang-time limits are. Some hospitals that we’ve talked to have listened
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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 »
Each year, the US healthcare system wastes $765 billion according to a 2012 National Academy of Medicine study. According to the same study, that total eclipses the annual budget of the Defense Department and the amount could be used to cover the insurance coverage of 150 million American workers. While the numbers are staggering, there
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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 »
During a recent weekend shift, over $1 million worth of flexible endoscopes and accessories were stolen from a major hospital in Canada. 3 thieves were suspected of walking out of Toronto Western Hospital with the equipment in broad daylight. As this article from InsideToronto.com explains: “According to Toronto police, three men went to the
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An increasing number of hospitals are turning to outsourced providers of complex claims management to help manage their hardest to collect dollars. The number of complex claims outsourced to specialists reached 39.8% in the 3rd quarter of 2016 – up from 20.4% in 2014. These complex claims typically take up an outsized portion of in-house
Outsourcing of Complex Claims on the Upswing Read More »
Geisinger Health System, a leading health system in Eastern Pennsylvania, has begun realizing tremendous benefits from a data analytics program established in 2015. The hospital’s Unified Data Architecture (UDA) collects and stores data from electronic medical records and other data sources to provide a holistic view of a patient’s health. Benefits of the UDA so
How One Hospital Uses Advanced Analytics to Drive Savings and Improve Outcomes Read More »