The hospital pioneered a new model of care due to changes in reimbursement that saved $9.42 million in costs.
Mercy’s new perioperative analytics platform helped eliminate or minimize the use of certain surgical products—the second-leading driver of cost—for the 210,000 surgical procedures performed each year. The analytics platform also gave administration, department leaders and surgeons access to data on surgical costs, which had fluctuated prior to 2012 because of manual and unstructured processes.
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