Search Tag: cost savings

IT Management

Decoding Patient Cost

2016 19 Jan

The University of Pittsburgh Medical Center (UPMC) has formed a strategic partnership with Health Catalyst to develop and commercialise a hospital-based costing analysis solution. The two organisations will combine expertise and technologies to help health systems solve one of their most pressing problems — how to measure the true cost of healthcare... Read more

IT Management

Virtual Tools Save Billions in Primary Care

2015 29 Oct

A new report from Accenture suggests that use of virtual health technology can lead to annual savings of $10 billion in primary care costs, as well as allow treatment of more patients without the need to train more doctors. While technology has greatly improved productivity rates for many industries, healthcare has made no such strides in two decades,... Read more

IT Management

Bespoke Software Program Cuts Costs

2015 20 Sep

With increasing emphasis on value-based care, hospitals are coming under pressure to find ways to optimise staff and resource utilisation that leads to improved care quality and cost reduction. To save costs, hospitals must first find out exactly how much they are spending. A bespoke software program has helped the University of Utah Healthcare with... Read more

IT Management

Telemedicine Reduces Cost of Care

2015 25 May

An UC Davis study has shown that compared to telephone, paediatric telemedicine consultations produced significant cost savings while improving quality of care. Telemedicine systems may be expensive to install and maintain, but they more than pay their way, saving an average $4,662 per use, researchers say. The findings are reported in the journal... Read more