CareKate Analytics’ Post

BREAKING NEWS! black country integrated care system ics is rolling out our portal ICS-wide as part of an extensive programme to digitise patient engagement for 1.21m residents.  The project seeks to improve patient experience, reduce waiting lists and make significant financial savings. Dudley Group NHS Foundation Trust were the first to go live, with 7,329 wasted slots avoided and DNAs reduced by 5% in the first four months, equating to over £1m estimated income gains, and 780 hours saved annually that can be better spent on patient care. Learn more: https://lnkd.in/ggsiZweT #ICStransformation #digitaltransformation #digitalhealth

Becker’s Hospital Review highlights recent insights from Ken Kaufman: how hospitals can improve financial performance by reducing the average patient length of stay. #patientsafety #patientstay Becker's Healthcare https://lnkd.in/eTTkFARC

Excited to share my latest publication: “Reducing Readmissions: A Business Case for US Hospitals"in collaboration with esteemed colleagues. This study explores the financial implications of 30-day readmission rates on U.S. acute care hospitals, offering insights into how reducing readmissions can enhance both patient outcomes and financial performance. The findings underscore the need for comprehensive quality metrics to holistically evaluate hospital performance. Check it out for an in-depth analysis of hospital readmissions and policy impacts. Let's keep the conversation going about quality care and financial sustainability! #HealthcareEconomics #HospitalManagement #ResearchInnovation #QualityCare

Hospitals nationwide are grappling with capacity constraints, leading to prolonged patient stays and escalating costs. A recent analysis by Kaufman Hall highlighted that reducing length of stay is closely linked to stronger financial performance, as patients move through the system more efficiently. According to the latest "National Hospital Flash Report" for April 2024, the average length of stay has dropped by 5% since 2021, although it has remained relatively flat year-over-year. Prolonged patient stays can stem from various factors, including inefficient discharge processes, staff shortages, communication breakdowns, and a lack of post-acute care facilities for patients who cannot be discharged home. As healthcare leaders, we must prioritize strategies to streamline patient flow, optimize resource utilization, and enhance care coordination. At Hippo Technologies, we're addressing these challenges head-on with our Hippo Virtual Care solutions. Learn more here: https://lnkd.in/grAkkSYz #research #patientcare #patienthealth #patientdischarge Becker's Healthcare

NFP hospital margins of 4.1% are a sign of resilience in a challenging landscape where 40% of hospitals are facing negative margins. In comparison, a 4% margin in other industries like technology would trigger panic. This disparity highlights the unique financial dynamics in healthcare. Even hospitals with positive margins are only slightly in the black. Learn more about the intricacies of hospital finance here: [Link to article] #HealthcareFinance #HospitalMargins

Check out this article from the American Hospital Association, delving into the rise of Hospital at Home programs. It offers exciting insights into their benefits and cost-saving potential. https://lnkd.in/epEv-zei 

Some thoughts on how Hospital at Home can be effective for long-term solutions. The home is the final fronteir of healthcare. Effectively providing the most difficult care at home — hospital level care — opens the doors for many oppurtunities. https://lnkd.in/gTEMuj3x

Capacity constraints are leading to prolonged patients stays which are, in turn, escalating costs for patients and hospitals. Read more about what our CEO & Co-Founder, Patrick Quinlan, MD, MHA, has to say about this crisis:

With the rise of virtual ward pathways, accurate patient information management is crucial for seamless care coordination across diverse healthcare settings. See how DMF Systems' Clinical Summaries provides a comprehensive solution, ensuring efficient virtual ward management and enhanced patient care: https://buff.ly/3Pdja53 #HealthTech #VirtualWards

Unplanned hospital readmissions cost $15,200 per person on average 💵, impacting both patients and providers. Taylor is here to help mitigate these costs. Our new patient discharge folders, part of Taylor Healthcare's communication solutions, can reduce these errors. Learn more in our latest blog. #HealthcareCosts #PatientCare