Perioperative services at better-performing hospitals can contribute up to 68% of a hospital’s revenue, and up to 60% of a hospital’s operating margin. So, it’s not surprising that health system executives are laser-focused on increasing efficiency and utilization.
However, in the pursuit of higher profit margins, many executives are committing a fatal flaw that actually limits their opportunity to foster sustainable, significant expansion: pinning their growth goals on a hope strategy,
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Perioperative care
Qventus Launches AI-Powered Perioperative Care Coordination Solution
What You Should Know:
- Qventus, a leading provider of AI-based care automation software for health systems, today announced the launch of its Perioperative Care Coordination (PCC) solution that alleviates the administrative burden and enhances productivity for pre-admission testing staff, reduces surgery cancellations, and optimizes more patients pre- and post-surgery.
- Qventus’ PCC solution provides multiple AI assistants that work in concert to support pre-admission testing (PAT)
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Virtual Engagement During COVID Pushes Paradigm Shift for Physician Training and Patient Care
The dominant presence of COVID-19 has not meant the absence of cancer, ear infections, heart attacks, chronic pain, or other illnesses that need attention and care. Physicians have continued treatment for all types of maladies, and physician training has continued as well. But this treatment and this training look much different these days. Despite the challenges that came with major COVID shutdowns and changing requirements, the healthcare system and patients have been both creative and
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M&A: Provation Acquires Perioperative Care Coordination Platform ePreop
What You Should Know:
- Provation announces the acquisition of ePreop, a comprehensive perioperative care coordination, and quality reporting solutions for an undisclosed sum.
- Acquisition creates a comprehensive clinical productivity SaaS platform, streamlining workflows, and documentation from patient intake and pre-op through recovery and follow-up.
Provation, a
software provider of procedure documentation and clinical decision support
solutions, backed by Clearlake Capital
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Philips Launches Ambient Experience to Reduce Pre-Op Stress & Enhance Post-Op Recovery Environment
Philips' ambient experience offers a personalized environment for positive distraction and active relaxation to reduce stress pre & post medical procedures. Royal Philips, a global provider of health technology, today announced the introduction of its Ambient Experience preparation & recovery bay in the U.S. Combining the creative use of colored dynamic lighting and video, this new offering provides patients with a uniquely personalized environment that delivers positive distraction and
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4 Best Practices to Optimize Perioperative Services for Hospitals
Surgical leaders across the U.S. struggle with common challenges, including how they get timely access to, and use, existing data to better utilize OR blocks and hold surgeons and staff accountable for OR performance, according to the results of a new Hospital IQ survey of U.S. hospital and perioperative leaders regarding their strategic surgical objectives for the coming 12 months. Conducted in January 2018 among senior hospital and perioperative leaders at hospitals and health systems, the
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Qventus Expands Artificial Intelligence Platform to Operative Room
Qventus, an AI-based software platform that solves operational challenges across the hospital has announced the expansion of its platform to the perioperative environment, including the operating room (OR). Perioperative care generally represents 50 to 60 percent of hospital revenue. Almost 80 percent of preventable same-day surgical cancellations are due to process failures, such as patients not showing up for surgery, lack of equipment or beds and the OR behind schedule. These cancellations
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