Operational Excellence:
The Key to Success
New Innovations Reduce Length of Stay & Enhance Decision-Making
Covid-19 has taken a significant financial toll on health systems. With the deferral and disappearance of elective surgery revenue, coupled with the loss of insurance for numerous patients, many systems are accelerating their push to achieve Medicare breakeven. Doing so will require higher revenues with the same or less staff — at the same time that the frontline is experiencing high levels of burnout.
In this environment, operational excellence is the key to not just surviving the next wave, but emerging as a stronger organization and competitor in the future.
Prepare to Weather the Perfect Storm
While the first half of 2020 was unprecedented, the second half could be even worse, with a confluence of headwinds including:
Operational Excellence Creates Value Now and in the Future
Optimizing operations allows health systems to accelerate throughput, reduce length of stay, and augment decisions to address short term demands and establish a strong foundation for the long term:
Increase revenues
Greater patient & elective case volumes
Reduce frontline burden
Real time predictions & automated processes
Decrease costs
Fewer excess days
Improve planning & execution
Scenario planning & automated escalations
Expand effective capacity
Reduce additional physical capacity need
Enhance patient care
Reduced care variability & lower HAIs
Accelerate Margin Recovery by Expanding Effective Capacity
Health systems that drive operational excellence can accelerate financial recovery, expand margins, and create additional effective capacity to mitigate the next wave.
Complete Suite for Planning & Automating Operations in the Covid Era
Covid Command
Critical Resource Mission Control
ICU Capacity Creation
Med-Surg Capacity Creation
Automated Operations
- Inpatient
- Emergency Department
- System Operations
- Perioperative
Automation Platform
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In a disaster, people lose the time they need to think. And patient flow, which is always a problem, becomes especially critical. Qventus gives us eyes on what really matters.