News Corner: Hospital Efforts Save 125,000 Lives, $28 Billion in Costs

Hospitals have increasingly focused their efforts on improving patient care while remaining cost conscious, and those efforts are paying off.

A report from the Department of Health and Human Services (HHS) states that from 2010 to 2015, hospitals were able to prevent 3.1 million harmful hospital-acquired conditions and 125,000 deaths—saving close to $28 billion in healthcare costs. These results can be attributed to programs and initiatives targeted at hospital acquired conditions, patient falls, readmissions, and more. Examples include:

Hospital Readmissions Reduction Program

The Hospital Readmissions Reduction Program has been a key factor in reducing healthcare spending and hospital readmissions across the U.S., with the largest reductions seen in hospitals that had the highest readmission rates, according to new research. While Medicare fines didn’t begin until 2012, many hospitals began implementing readmissions reduction programs as early as 2010 to defend against these fines. These efforts resulted in rates dropping across the country, with particular improvement seen in safety-net hospitals.

Partner Initiatives

To help hospitals improve patient safety, many facilities are partnering with vendors who offer advanced technologies, such as Omnicell’s automated dispensing systems—which have received the top KLAS award for 11 consecutive years. Such systems can play a significant role in helping the hospitals implement facility-wide improvements.

Omnicell unveiled its new XT Series at the American Society of Health-System Pharmacists Midyear Meeting this past year, after working closely with key hospital stakeholders to understand current unmet needs.

Based on the report from HHS, it’s clear that progress is being made and hospitals are becoming safer for patients—a milestone that should be applauded. As the industry continues to push for transparency and interoperability, partnerships between vendors, payers, patients, and providers will be instrumental in understanding what steps remain on the road to zero-harm healthcare.

Related Articles:

Modern Healthcare

WebMD

Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: