Operational Efficiency

How One Hospital Optimized Their Staffing Levels Using Scope Tracking Software

Hospital Finance, Hospital Management, Managing Endoscopes, Operational Efficiency /

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 […]

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

Clinical Documentation, Hospital Finance, Hospital Management, Operational Efficiency, The Business of Surgery /

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.

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Unnecessary Healthcare Supply Chain Spend Tops $25 Billion

Cost Reduction, Hospital Finance, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

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

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

Cost Reduction, Hospital Finance, Hospital Management, Operational Efficiency, Revenue Cycle, Supply Chain, The Business of Surgery /

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

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

Cost Reduction, Hospital Finance, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

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

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How To Use Predictive Analytics In The Hospital Supply Chain

Big Data, Cost Reduction, Hospital Finance, Hospital IT, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

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

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How To Link Patient Outcomes To Medical Devices Using UDI

Big Data, Clinical Documentation, Hospital IT, Hospital Management, Operational Efficiency, Regulatory Compliance, Supply Chain, The Business of Surgery /

The United States Food & Drug Administration (FDA) is touting the benefits of tying unique device identifiers (UDIs) on medical devices to patient outcomes via electronic medical records. UDIs have been a long-term dream for many in healthcare, who view the ability to track and trace medical devices using unique item-level codes as a true

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How To Create Accountability With RFID Technology

Hospital Finance, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

The procedural areas of hospitals, including the Cath and EP Labs, Interventional Radiology and the Operating Rooms, typically go through tens of millions of dollars per year in expensive implants and supplies. With so many different individuals – from reps, to techs, to nurses, to physicians – touching those expensive supplies, what can hospitals do

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How RFID Can Streamline Your Hospital’s Supply Chain

Cost Reduction, Hospital Finance, Hospital Management, Operational Efficiency, Supply Chain, The Business of Surgery /

With hospitals turning over every cushion to find new ways to reduce costs without sacrificing quality of care, RFID technology is coming up more often as a worthwhile technology to consider in order to save millions of dollars per year. One of the most effective use cases for RFID technology in healthcare is to track

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Oregon Health & Science University Implements Endoscope Tracking Software As An Investment In Patient Safety

Clinical Documentation, Hospital Management, Infection Control, Joint Commission, Managing Endoscopes, Operational Efficiency, Patient Safety, Regulatory Compliance /

Oregon Health & Science University (OHSU) implemented the iRIScope endoscope tracking system from Mobile Aspects to help automate the documentation of reprocessing and storage practices for endoscopes in its new Center for Health & Healing Building 2(CHH2). As the only academic health center in the state, OHSU is where personalized patient care is combined with

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