Improving interoperability between medical device systems in hospitals could be a source of more than $30 billion a year in savings, according to a report by the West Health Institute, an independent, non-profit medical research organization.
The report was released at the hearing series conducted by House Energy and Commerce Subcommittees last week. It examines areas of waste in healthcare that could potentially be eliminated through greater device interoperability.
Some of the areas in which improved interoperability could reduce waste and lead to savings, according to the report, are:
• Reduction of adverse events — $2 billion could be saved
• Avoidance of redundant testing — $3 billion could be saved
• Increased clinician productivity — $12 billion could be saved
• Increased capacity for treatment due to reduction in length of stays — $18 billion could be saved
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The report was released at the hearing series conducted by House Energy and Commerce Subcommittees last week. It examines areas of waste in healthcare that could potentially be eliminated through greater device interoperability.
Some of the areas in which improved interoperability could reduce waste and lead to savings, according to the report, are:
• Reduction of adverse events — $2 billion could be saved
• Avoidance of redundant testing — $3 billion could be saved
• Increased clinician productivity — $12 billion could be saved
• Increased capacity for treatment due to reduction in length of stays — $18 billion could be saved
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7 Guiding Themes to Advance Safety of Medical Device Interoperability