Operational Efficiency

The Top 5 Reasons Your Hospital’s Operating Room is Leaking Cash

August 30, 2017 / Clinical Documentation, Hospital Finance, Hospital Management, Operating Rooms, Operational Efficiency, Revenue Cycle, The Business of Surgery /

1) Missed charges: Hospitals with traditional paper based logging systems typically miss charges on upwards of 30% of total billable items used in cases.  Even more interesting is the fact that hospitals with bar code-based inventory management systems have not solved this problem.  Massachusetts General Hospital was actually able to achieve a 20% increase in […]

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5 Steps To a Lean Hospital

August 30, 2017 / Big Data, Clinical Documentation, Cost Reduction, Hospital Finance, Hospital IT, Hospital Management, Operational Efficiency, The Business of Surgery /

The main guiding principle to Lean Healthcare enabled through technology is to create the right value for our patients, colleagues, physicians and organization as a whole with minimum effort. Simply put,  work smarter, not harder and with a value driven sense of purpose. Everyone should be aware of how their part ties into the organization

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Lean Resource Management Tip #1: How To Get 4X More Value Out of Your Value Analysis Team

August 30, 2017 / 1 Comment / Big Data, Clinical Documentation, Cost Reduction, Hospital Finance, Hospital IT, Hospital Management, Operational Efficiency, The Business of Surgery /

A Value over Volume Approach Most Healthcare organizations non-salary expense initiatives are focused on lowering the price of the products, services and technologies that they are purchasing. However a word of caution, you are working harder and receiving much less than some of your peers are. It seems our industry has always been so focused

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Massachusetts General Hospital Achieves Results with Mobile Aspects Integrated RFID Supply Cabinets

September 7, 2017 / 1 Comment / Clinical Documentation, Hospital Finance, Hospital Management, Operational Efficiency, Radiology, Revenue Cycle, The Business of Surgery /

Mobile Aspects RFID TechnologyIncreases Charge Capture by 25% and Reduces Inventory Stock-Outs At Massachusetts General Hospital PITTSBURGH, PA – November 3, 2010 – Mobile Aspects announced today that Massachusetts General Hospital (MGH) has fully implemented its radio frequency identification (RFID) enabled supply automation system to store, track, and manage medical devices and supplies used for

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Mobile Aspects customers save $2M annually by eliminating expiration costs

August 30, 2017 / Cath Lab, Cost Reduction, Hospital Finance, Operating Rooms, Operational Efficiency, Radiology, The Business of Surgery /

It’s estimated that clients using Mobile Aspects supply management technologies are reducing waste in healthcare delivery by eliminating nearly $2 million annually in inventory expiration costs. In an environment where ongoing cost pressures are forcing care providers to maximize efficiency, these cost reductions are creating significant value. In the brief video aside, a Mobile Aspects

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