Hospital Finance

Mobile Aspects Announces System To Track Reprocessed Personal Protective Equipment Including N95 Masks

Mobile Aspects, a leading provider of software for supply and asset tracking systems in hospitals, has announced a new product to help in the ongoing fight against the Covid-19 pandemic. The company is building off of its 20-year history of delivering systems that help hospitals automate the tracking and documentation of supplies and assets within […]

Mobile Aspects Announces System To Track Reprocessed Personal Protective Equipment Including N95 Masks Read More »

How One Hospital Reduced Their Scope Reprocessing Times By Over 35 Percent

Today’s Sterile Processing Department (SPD) managers function as business operators whose primary objective is to adhere to the highest standards of cleaning protocols. Their role is to focus not only on adherence to disinfection standards and requirements, but to operate with high speed and efficiency as well. Specific to endoscopic procedures, a critical requirement for

How One Hospital Reduced Their Scope Reprocessing Times By Over 35 Percent Read More »

Government Continues Scrutiny Of Hospital Accrediting Bodies

The government continues to question the neutrality of The Joint Commission (TJC) and other healthcare accreditation firms that also have consulting arms. In a recent speech Seema Verma, the head of the Centers for Medicare & Medicaid Services (CMS), said her organization is continuing to evaluate options to increase oversight of accrediting firms. CMS has

Government Continues Scrutiny Of Hospital Accrediting Bodies Read More »

A First Of Its Kind Solution For Tracking, Storing and Charging Vocera Badge Batteries

Many hospitals have implemented the Vocera platform to improve communications and connectivity among staff. The Badges and Smartbadges used with the Vocera platform allow clinical staff, who are typically busy rounding on patient floors and not tethered to a desk, to stay connected to their colleagues and discuss important items via calls or messages. One

A First Of Its Kind Solution For Tracking, Storing and Charging Vocera Badge Batteries Read More »

How One Hospital Optimized Their Staffing Levels Using Scope Tracking Software

Many hospitals find it difficult to optimize staffing levels for their operations. This can be due to any number of variables that become even more extreme as the size of a hospital increases – an influx of patients can throw off carefully planned schedules; certain cases extend way past their estimated closing times; and missing

How One Hospital Optimized Their Staffing Levels Using Scope Tracking Software Read More »

Physicians Are Spending Too Much Time Documenting In EHRs – And Hospitals Have To Find New Solutions

A recent New York Times op-ed reinforced the widespread feeling among US physicians that they are spending too much time documenting their work in electronic health record (EHR) software. Recent estimates put physician time spent in their EHR at 50% of their workday, significantly reducing the amount of time they can spend on patient care.

Physicians Are Spending Too Much Time Documenting In EHRs – And Hospitals Have To Find New Solutions Read More »

Unnecessary Healthcare Supply Chain Spend Tops $25 Billion

According to a recent survey, unnecessary hospital supply chain spending increased over 10% from 2017 to 2018. The total unnecessary spend across US hospitals reached $25.7 billion in 2018, up $2.7 billion from 2017. The survey, conducted by Navigant, surveyed over 2,000 hospitals. The study also found that the average savings opportunity by reducing unnecessary

Unnecessary Healthcare Supply Chain Spend Tops $25 Billion Read More »

Survey: Health System Profit Margins Up, But Still Below 2015 Levels

According to a recent survey, health system operating margins improved in 2018, but still remained significantly below 2015 levels. The analysis, conducted by Navigant, looked at the financial performance of over 100 large health systems that together own 44% of total hospitals in the US. The survey revealed that the average health system improved its

Survey: Health System Profit Margins Up, But Still Below 2015 Levels Read More »

New Study Puts Price Tag of US Healthcare Waste At Nearly $1 Trillion

A new study published in the Journal of the American Medical Association (JAMA) estimated the annual cost of waste in the US healthcare system between $760 billion to $935 billion. The study, conducted by researchers at Humana and UPMC, looked at 54 published reports that explored the costs of waste in US healthcare. As this

New Study Puts Price Tag of US Healthcare Waste At Nearly $1 Trillion Read More »

How To Use Predictive Analytics In The Hospital Supply Chain

Many hospitals still rely on manual processes or antiquated technologies for managing their expensive supplies and implants. The concept of predictive analytics and artificial intelligence (AI) in their supply chains may seem like a remote possibility, but this doesn’t necessarily have to be the case. Advances in hospital supply chain technologies over the last decade

How To Use Predictive Analytics In The Hospital Supply Chain Read More »