An article in the on-line publication, Healthcare Dive, that is geared to the diverse universe of healthcare payers highlights 5 key areas of inefficiency that nearly each of the 5800 hospitals across the US are struggling with to some degree. While Optimium Health would argue that none of these “fixes” are “quick”, we do agree that hospitals would be well served to tackle these issues as soon as they can with what ever strategies and tools they can afford.
The article begins with a reference to a survey completed among 400 healthcare providers:
Hospital inefficiencies not only interfere with workflow, but also cost hospitals billions of dollars each year. A recent Ponemon Institute Survey of more than 400 healthcare providers found that inadequate communication alone has an estimated annual economic impact of around $1.75 million per US hospital and more than $11 billion industry-wide.
Although many of the issues that lead to inefficiency may be complex, there are still some quick fixes that can add up to huge savings in both staff time and money. Here are some of the most common hospital inefficiencies:
- Inadequate communication methods
- Duplicate documentation requirements
- Poor patient flow
- Inappropriate hospital admission & length of stay
- Incomplete medication reconciliation
The article goes on to suggest specific strategies to address these inefficiencies. For access to the entire article, please follow this link: https://www.healthcaredive.com/news/5-basic-hospital-inefficiencies-and-their-quick-fixes/361954/
OPTIMI$ER, the clinical workflow technology solution Optimium Health designed to overcome the types of information exchange, duplication of documentation, poor patient flow, and overall care coordination issues described in the article is an affordable tool worth considering if your organization is about to embark on a mission to solve any of the problems highlighted above. OPTIMI$ER has a proven track record of success, earning its clients an average of over $1 million net bottom line improvement, significantly higher staff satisfaction, and improved patient experience.
Please contact Heather if you would like to set up a brief demonstration targeted to your specific area of concern: heather@waohi.azurewebsites.net