Medical Expense Optimization Promo
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
North American (General) North American (US General American - GenAM)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
Dr Smith is about to perform a two level lumbar fusion using DBM to help promote bone growth. He is planning to use four milliliters of DBM during the procedure. However, the DBM package provided by the supplier comes in 10 milliliters, which means the remaining six milliliters air thrown out. In the past year, Dr Smith has performed 120 lumbar fusions, requiring DBM at a minimum cost of $115 per mil. A leader of DBM, Dr Smith has unknowingly wasted over $50,000. Dr. Burr specializes in joint replacement and is aligned with the growing community of hospitals, and she has been negotiating with payers for improved rates. The report given by the hospital shows readmissions rates and cost per case. The cost per case in the reports is high, but no details of the reason they're mentioned. She is at risk of losing referrals and not being considered as a tier one provider by her payer. These are but two of the many examples where lack of data means physicians continue with practices that lead to high operating costs. Similar insights would work to help providers become more aware of their numbers in surgical site infections, readmissions and length of stay, so they begin to more consistently adhere to prove in clinical pathways. The average sized US orthopedic program can save up to $1 million annually in these key areas alone. Here's how it works. First, our data scientists will run your data through our algorithms and determine where your strongest opportunities for improving operating margins are to be found. We ingest the critical data you've already collected in your E H R and point of care systems through permanent real time data pipelines. Your data set is then normalized and mapped to a proprietary orthopedic data model. Our algorithms run deep analytics, identifying your sources of care and cost variations from best practices and the reasons for these variations. Next, we make sure these insights are distributed to the points of care. Continuous performance improvements require that providers know how they're doing compared to best practice and to their peers. The Orthopedic Performance Program provides these performance insights on demand to smartphones, e h. Ours and diagnostic and therapeutic software from virtually any manufacturer. Results can be immediate. As caregivers quickly learned how to align their performance to desired best practice. Furthermore, we leave you with a permanent infrastructure that can continue to identify areas for improvement. Reach out to our experts at Health View Analytics to learn how you can turn your legacy. I t investment into a cost reduction engine with the orthopedics performance program. Contact us today for more information.