Peter Schwab’s Post

This is a great article from Becker's Healthcare on how reducing patient length of stay enhances hospital efficiency and saves millions annually. By implementing key strategies such as improving discharge processes, gaining executive commitment, and leveraging technology, hospitals can increase capacity and avoid costly expansions. This emphasizes the importance of team-based care and addressing delays in post-acute resources for better financial performance. Let’s work on optimizing patient care and financial outcomes! #PatientExperience #RevenueCycle #CapacityManagement

Patient flow is crippled by bottlenecks and traffic jams. Delivering the right care, in the right place, at the right time is getting harder and harder. And both patient care and hospital performance suffer as a result. For high-volume EDs, just a 1% increase in Left Before Being Seen (LBBS) time equals $447,500 in annual lost revenue. Ouch. Improving patient flow is NOT an overnight fix, but it is possible. Learn more: https://hubs.li/Q02rb3JN0 #PatientFlow #EDThroughput #HealthcareManagement

Did you know that each additional day a patient spends in a hospital bed can add millions in avoidable costs? Kaufman Hall's recent analysis, featured in Becker's, reveals that for a 425-bed hospital, cutting unnecessary stays could mean savings of over $20 million annually! 💰 Hospitals focusing on efficient discharge and team-based care are seeing the benefits firsthand. At Marshall Medical Center, targeted efforts reduced the average patient stay to under 4 days, demonstrating the powerful impact of streamlined patient flow. 🏥 🔹 Explore this article for 7 essential insights on why optimizing length of stay is crucial for both financial health and patient care. Read the full article here: https://lnkd.in/eTTkFARC

Every year, prescribing errors lead to preventable harm for thousands of patients in the UK alone. Clinicians are still bound to outdated IT systems and manual processes for one of the most critical tasks: getting medications right. In my latest piece for Hospital Times, I discuss why this is an urgent patient safety issue - and how we can, and must, use technology to solve it. We owe it to patients and clinicians alike to make prescribing safer, smarter, and more efficient. https://lnkd.in/egzv4xrn #PatientSafety #Innovation #HealthcareTransformation

At Laerdal, our mission is to help save lives. We accomplish that through strategic partnerships with organizations that share this goal. Our newest partnership is with the American Hospital Association! We are honored to partner with an organization that shares our deep commitment to improving patient outcomes and hospital quality. #PatientSafety #HealthcareQuality #QuestForQuality #AHAPatientSafetyInitiative #InSituSimulation #TranslationalSimulation

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:

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

Navigating a transition from hospital to #homeinfusion care? Don't miss our blog post from Christie McWilliams, sr. professional services consultant, discussing seamless transitions of care. Learn how clear communication among #healthcare providers can minimize errors and ensure continuity in patient treatment: https://shorturl.at/llk7g

When you don't feel well, the last thing you want to do is wait. Imagine: you've been poked, prodded, tested, and you have your diagnosis. Now, it's time to go home… or so you thought. You're just waiting for your discharge notes and then you can finally leave. But, what should have been a ten-minute process becomes a 20-minute + process. Grateful to the extremely hard working healthcare providers. But how can hospitals make this process quicker and easier for their patients? Implementing a system where notes are delivered via email or MyChart when available would be a great place to start. #PatientEngagement #Discharge #Communication #PatientSatisfaction

5 Ways in which Digital Hospital Records Transform Patient Care and Administration Read: https://lnkd.in/dqCXRu5i