Navigation Links
LifeWings Helping Hospitals Protect Their Bottom Line Without Compromising Patient Safety
Date:8/17/2013

Collierville, Tennessee (PRWEB) August 17, 2013

LifeWings Partners LLC has developed an economic success kit to help hospitals survive the Affordable Care Act reimbursement changes. The new ACA payment methodology ties provider's pay directly to quality of care. Hospitals that don't reach certain safety and quality benchmarks will get less pay for the care they provide. The LifeWings ACA financial success kit helps hospitals preserve their income by combining Lean process improvement with TeamSTEPPS to drive out waste while also delivering a safe care that meets the required quality standards.

The ACA FINANCIAL SUCCESS KIT was created by a team of physicians, nurses, former NASA astronauts, and pilots who have melded together the best practices of high reliability organizations such as U.S. commercial aviation and military nuclear power. Over the last 12 years, LifeWings has used process improvement and safety tools to dramatically change the culture of 140 health care organizations in the U.S. and abroad. Clients include the medical centers of Rush University, Ohio State University, UCLA, Vanderbilt, SSM, Miami Children’s, and Wake Forest just to name a few. These are all award-winning, "Top 100" U.S. News & World Report hospitals.

The LifeWings financial success kit helps hospitals create a culture of safety and accountability that ensures maximized reimbursement under the new payment scheme, called Value Based Purchasing. As a result of LifeWings training, hospitals create the type of inter-disciplinary, cross-checking, mutually-supportive culture that ensures they will reach their target of 100% compliance with all safety and quality metrics such as those for central line infections, core measures, medication safety, healthcare associated infections, fall prevention, and others.

The LifeWings process is not a quick fix, one-time training session. The improvements are measurable and sustainable. For example, a hospital that recently implemented the ACA Financial Success Kit in perioperative services was able to document these improvements:

  • Improved: OR On-Time Starts = 100%, a 51% improvement;
  • OR Room Turn Over Time = 23.9 Min, a 35% improvement;
  • OR Anti-Biotic Timing Compliance = 97% a 1% improvement;
  • DSU Holding Wait Time = 0.0 Min (Eliminated This Step);
  • DSU patient Prep Time = 30.4 Min, a 31% improvement;
  • PAT Phone Interview Time = 29.6 Min , a 27% improvement;
  • Case Readiness 72 Hrs. Out = 28.6%, a 60% improvement.

These improvements created a savings of over $2 million annually.

Captain Steve Harden, LifeWings CEO, says, "Financial survival is critical to hospital
executives, so much so that sometimes it is driving safety concerns to the back burner. With the ACA financial success kit, administrators don't have to choose margin over safety. They can concentrate on both. Our system produces financial stability and patient protection—which is always the real bottom line --- Protecting the lives of patients."

Visit the LifeWings website at http://www.SaferPatients.com/patient-safety-success-stories.htm, for more detailed information, documented results, and specific hospital case studies.

About LifeWings:

LifeWings Partners creates documented, sustainable improvements in cost reduction, efficiency, reliability, safety, and quality by combining the best of Lean and TeamSTEPPS. LifeWings has improved the financial bottom line and patient safety record of over 140 hospitals worldwide. The LifeWings coaching cadre of pilots, astronauts, physicians, nurses and Toyota-trained Lean experts train more than 13,000 administrators, physicians and staff per year. Measurable results are guaranteed in all LifeWings’ initiatives. Documented return on investment typically exceeds 300%. To find out more, please visit http://www.saferpatients.com or https://www.facebook.com/LifeWingsSaferPatients, or follow us on Twitter @SaferPatients.

Read the full story at http://www.prweb.com/releases/LifeWingsPatientSafety/LeanhealthcareED/prweb11006074.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. LifeWings CEO to Speak at Virginia Patient Safety Summit in January
2. Yuma Regional Medical Center Selects LifeWings To Partner in Implementing TeamSTEPPS
3. LifeWings Provides 7 Steps to Revolutionize Patient Safety Management
4. Former Military Pilot and Vice President of LifeWings to Speak at MEDNAX
5. How to Create a Culture of Safety in Healthcare with LifeWings
6. LifeWings Speaks Up About Patient Safety At The UNOS Annual Transplant Management Forum
7. Three Ways To Combat the Fear of Speaking Up in Healthcare from LifeWings
8. Pivotal role for proteins -- from helping turn carbs into energy to causing devastating disease
9. Employment Key to Helping Veterans Adjust to Life Back Home
10. Helping Alzheimers patients stay independent
11. Playfulness May Be Natures Way of Helping Romance Bloom: Study
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2017)... DC (PRWEB) , ... June 27, 2017 , ... Children’s ... Best Children’s Hospitals rankings, with its Neonatology program ranking #1 out of more ... was also named to the coveted Honor Roll, a distinction given to the top ...
(Date:6/26/2017)... ... 26, 2017 , ... Dr. Martin Bastuba, MD, FACS, founder ... the Fertility Center of California, is pleased to announce the addition of two ... TESA (percutaneous testicular sperm extraction). These minimally invasive treatments are primarily used to ...
(Date:6/26/2017)... ... June 26, 2017 , ... ... is revolutionizing the way women look and feel about themselves and their sexual ... female sexual dysfunction and urinary leakage head on with a ground breaking medical ...
(Date:6/26/2017)... ... 26, 2017 , ... KICKICO , a protocol built on Ethereum for ... many catastrophic issues within funding campaigns. KICKICO developers are testing the platform, which will ... the raising of funds through the power of many - has been around for ...
(Date:6/25/2017)... ... ... Create a feel-good lyric music video in Final Cut Pro X with ProLyric from Pixel ... in the lyrics to any song. ProLyric flies in the text for each section and ... be added modularly for optimal control. ProLyric makes editing any music video or text-based production ...
Breaking Medicine News(10 mins):
(Date:6/1/2017)... BELL, Pa. , June 1, 2017 ... (PRN) and Veterinarian Recommended Solutions (VRS), and KD Pharma ... investment in Nutriceutical Holdings by KD Pharma Group. KD ... Holdings with the option to acquire the entire company. ... partner in KD. They are committed to growing the ...
(Date:5/26/2017)... 2017  Endo International plc (NASDAQ: ENDP ) ... will represent the Company in a fireside chat at Goldman ... June 13, 2017 at 10:40 a.m. PT / 1:40 p.m. ... Rancho Palos Verdes, CA. ... be available on the Company,s website at http://www.endo.com/investors/overview . ...
(Date:5/22/2017)...  As the specialty pharmacy industry and the ... the revolutionary shift from volume-based to value-based care, ... patient outcomes and shaping the future of the ... from clinical trials and toward data that reveals ... therapy utilization in precise patient populations. Therigy ® ...
Breaking Medicine Technology: