Leapfrog releases calculator to measure lives and money lost to medical errors

The Leapfrog Group — a national nonprofit organization committed to improving the quality and safety of healthcare — released a new Lives and Dollars Lost to Medical Errors Calculator to shed light on the significant impact medical errors have on the hospital's bottom line and patient population.

The new tool is essentially an enhanced version of the nonprofit's Hidden Surcharge Calculator launched in 2013.

"When we launched the calculator in 2013, our goal was to expose the hidden surcharges associated with medical errors. Though they aren't indicated as a line item on a bill, employers and purchasers are certainly paying for them," said Leah Binder, president and CEO of Leapfrog. "Since introducing the calculator, we're now able to tabulate an even more important estimate of the price purchasers pay — the estimated number of lives that are lost amongst their covered population."

Sign up for our FREE E-Weekly for more coverage like this sent to your inbox!

The new calculator incorporates findings from a collaborative analysis conducted by Leapfrog and the Armstrong Institute for Patient Safety and Quality at Johns Hopkins Medicine in Baltimore. The analysis revealed hospitals with a grade of D or F from Leapfrog's safety grades carried a patient mortality rate 50 percent higher than hospitals that received an A grade.

To access the calculator, click here.

More articles on quality: 
Fort Walton Beach Medical Center verified as Level II trauma center 
Mechanical heart pumps can help restore full function in heart failure patients, study shows 
53 hospitals with the lowest serious complication rates

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars