5 Hospitals Saving Costs, Boosting Revenue Through Real-Time Capacity Management

In a blog post, TeleTracking Technologies provides five examples of hospitals and health systems that have created significant cost savings or revenue growth by implementing real-time capacity management solutions.

1. Advocate Good Samaritan Hospital in Oak Brook, Ill., gained $1,024,320 in revenue by eliminating blocked beds for patients who tested negative for Clostridium difficile.

2. Harrisburg, Pa.-based PinnacleHealth saved $1.25 million in labor costs by aligning the staffing office and patient placement in a combined patient logistics center.

3. Kingsbrook Jewish Medical Center in Brooklyn, N.Y., saved $1.1 million by reducing length of stay by one day.

4. University of Utah Health Care in Salt Lake City increased its annual net margin by $5,340,000 by adding 89 transfers per month.

5. Allentown, Pa.-based Lehigh Valley Health Network increased its net revenue by $1.5 million by accommodating 500 additional admissions through an automated patient flow process.

More Articles on TeleTracking:

Patient Flow Software Helps Hospitals Respond to Emergencies
TeleTracking Announces Vision of Eliminating Waste From Healthcare

5 Ways Real-Time Capacity Management Can Add Hospital Revenue Now

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