Navigation Links
U.S. Hospitals Waste $12 Billion Annually Because of Poor Communication
Date:3/9/2009

Biggest Losses Seen in Patient Delays and Unnecessary Stays

COLLEGE PARK, Md., March 9 /PRNewswire-USNewswire/ -- Researchers from the University of Maryland's Robert H. Smith School of Business put a price tag on the cost of poor communication in U.S. hospitals at $12 billion per year. The research, newly released from the Center for Health Information and Decision Systems (CHIDS), is the first to quantify the economic impact of a health care system rife with communication delays and failures. Among key findings was unnecessarily long hospital stays - such as the time and resources patients squandered waiting to be discharged - account for 54 percent of total losses.

To put the $12 billion amount into perspective, the loss equals approximately two percent of hospital revenue nationwide, a figure that is more than half of the average hospital margin of 3.6 percent.

"Simply stated, the average hospital wastes a figure that is in substantial proportion to the amount it makes," said Ritu Agarwal, director of CHIDS at the Robert H. Smith School of Business and the study's lead researcher. "The industry ramifications for recouping these losses - particularly in light of the need for health care reform in improving patient access to care and services - are tremendous."

In an article, Agarwal and CHIDS researchers say the solution to these inefficiencies rests largely in investment in information technology that would help streamline communication among hospital caregivers. Theirs is a timely observation following the $787 billion economic stimulus bill recently signed into law by President Obama. Of that, more than $140 billion is earmarked for health care, with $19 billion to modernize health information technology systems. As part of his proposed $634 billion budget to expand U.S. health care, Obama has also charged Congress to come up with the means of making it available to
'/>"/>

SOURCE University of Maryland's Robert H. Smith School of Business
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Save Abandoned Babies Foundation Commends Illinois Hospitals for Being 100% in Compliance in Displaying Safe Haven Signs
2. United States Joins Suit Against Community Health Systems Inc. and Three of Its Hospitals in New Mexico
3. WRX Expands Nationally to Provide Help & Hope to Nations Hospitals
4. Spokane Hospitals Engage Sound Inpatient Physicians(TM) as Hospitalists in Spokane
5. Sisters of Charity Health System & University Hospitals Announce New Agreement for Jointly Owned Hospitals
6. GetWellNetwork Closes $10 Million Financing, Eight Hospitals Choose PatientLife System(R) for Unparalleled Patient Care
7. Hospital Rating Site Launched, RateYourHospitalStay.com
8. Resurrection Health Care Hospitals Receive Chest Pain Accreditation
9. Thomson Reuters Study Tracks Impact of Recession on Hospitals
10. Physicians Hospitals Are a Model of True Health Care Reform
11. GE Healthcare Introduces New Web-Based Diagnostic Viewer with Workflow Integration and Streaming Technology for Hospitals in Asia
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/17/2014)... -- Expectant parents should leave prenatal picture-taking to medical ... Use of ultrasound imaging and heartbeat monitors to get ... agency warns. "Although there is a lack ... and heartbeat monitors, prudent use of these devices by ... FDA biomedical engineer, said in an agency news release. ...
(Date:12/17/2014)... HealthDay Reporter , TUESDAY, Dec. 16, ... America, and work commitment is a big reason why, new ... said Dr. Mathias Basner, an assistant professor of sleep and ... of Medicine. A time-use survey of nearly 125,000 Americans, ... main activity exchanged for sleep. Short sleepers -- those who ...
(Date:12/15/2014)... 15, 2014 South Florida’s leading urgent care ... can be a daze of hassle, hustle, and bustle that ... decking halls, to burns when making special meals and heartburn ... can happen at any time. To prevent this season of ... made a list of helpful and healthful holiday tips to ...
(Date:12/15/2014)... News) -- Expert pilots process visual information more efficiently ... better decisions during landings, a new study shows. ... pilots to master, and 36 percent of all airplane ... final approach and landing. Researchers monitored the brain ... pilots while they were at the controls of a ...
(Date:12/15/2014)... 15, 2014 At the leading, long-established ... AutismOne and Focus Autism will welcome ... research on the effects of toxins to children’s health, ... information. , Luminaries such as Dr. Lucija Tomljenovic ... with esteemed, credentialed colleagues of the United States to ...
Breaking Medicine News(10 mins):Health News:FDA Warns Against Fetal 'Keepsake' Videos 2Health News:Work Steals Valuable Sleep Time, Study Finds 2Health News:Work Steals Valuable Sleep Time, Study Finds 3Health News:MD Now Urgent Care Presents Healthy Holiday Tips 2Health News:MD Now Urgent Care Presents Healthy Holiday Tips 3Health News:Study Shows Why Expert Pilots Are Experts 2Health News:AutismOne and Focus Autism Collaborate on Scientific Conference; International Group of Researchers to Present in Chicago, May 2015 2Health News:AutismOne and Focus Autism Collaborate on Scientific Conference; International Group of Researchers to Present in Chicago, May 2015 3
... of Directors of BD (Becton, Dickinson and Company) (NYSE: ... cents per common share, payable on March 31, 2009 to ... dividend rate is $1.32 per share. About BD ... company that develops, manufactures and sells medical devices, instrument systems ...
... Hosts Second Annual Corporate Philanthropy Summit , LOS ANGELES, ... today hosts its Second Annual Corporate Philanthropy Summit, an ... leaders to work with the public and nonprofit sectors ... luncheon will be Henry Cisneros, executive chairman of CityView ...
... common New Year,resolutions revolve around being healthier, but are ... more, and eat less junk,food. A growing collection of ... In order to become a healthier individual, people must,focus ... as well as,physical health. , ...
... Rate in the CaribbeanCHICAGO, Feb. 3 ... Association, is working with the government of Guyana to ... affected by HIV/AIDS in this high-need region of the ... just individuals, will provide a more secure future for ...
... found , , TUESDAY, Feb. 3 (HealthDay News) -- Vacations at ... deadly skin cancer melanoma later in life, a new study ... 1998 in Colorado, asking their parents about childhood vacation destinations ... 7 to look for nevi -- commonly known as moles. ...
... an Increasing Number of Negative Health Effects Resulting from ... 2nd year, the UV Foundation is promoting awareness of ... dubbing February "Vitamin D Deficiency Month." Vitamin D ... above the 37th parallel because it is impossible to ...
Cached Medicine News:Health News:Local Business Leaders Assemble to Address Critical Issues Facing Los Angeles 2Health News:Local Business Leaders Assemble to Address Critical Issues Facing Los Angeles 3Health News:Dakim Recommends Six New Year Resolutions to Stay Cognitively Fit 2Health News:Chicago HIV/AIDS Organization Works with Government of Guyana to Implement New Programs to Help Children Affected by Epidemic 2Health News:Childhood Beach Vacations May Boost Melanoma Risk 2Health News:UV Foundation Announces: February is Vitamin D Deficiency Month 2
(Date:12/15/2014)... Dec. 12, 2014 Research and Markets ... ( http://www.researchandmarkets.com/research/ms3j8c/cardiac ) has announced the addition of the ... 2012-2018"  report to their offering. Global Guidewires sector ... North America accounts for nearly ... Europe claims approximately 25% (2018). ...
(Date:12/15/2014)... Washington State are not the only ... Oregon , Alaska , and ... 2014 elections. Photo - http://photos.prnewswire.com/prnh/20141212/164152 ... The benefits of legalizing cannabis are manifold. There are the ... revenue for state and local governments, in addition to reduced ...
(Date:12/15/2014)... Colo. , Dec. 15, 2014  The Government of ... collaboration of AABB, Global Blood Fund (GBF) and Terumo BCT to ... , as well as provide long-term health system capacity to ... Facts: , The Ghanaian Ebola Readiness and Resilience Initiative ... Ghana,s preparations for the possible arrival of the ...
Breaking Medicine Technology:Cardiac Guidewires - Global Trends, Estimates and Forecasts, 2012-2018 2Cardiac Guidewires - Global Trends, Estimates and Forecasts, 2012-2018 3Cardiac Guidewires - Global Trends, Estimates and Forecasts, 2012-2018 4CannaInsider.com Estimates 200,000 New Jobs in the Cannabis Industry by 2015 2Government of Ghana Endorses Collaboration to Combat Ebola Epidemic 2Government of Ghana Endorses Collaboration to Combat Ebola Epidemic 3Government of Ghana Endorses Collaboration to Combat Ebola Epidemic 4Government of Ghana Endorses Collaboration to Combat Ebola Epidemic 5Government of Ghana Endorses Collaboration to Combat Ebola Epidemic 6
Sheath Introducers with guidewires....
... Stent design, utilizing an advanced ... of stainless steel stents. This ... struts, for unparalleled flexibility plus ... Coronary Stent Systemwith thin struts ...
... Guiding Catheter provides support to enhance ... under adverse conditions. It gives you ... to your destination in cardiac interventions. ... variety of clinical situations and the ...
... Xtra, and Maximum ACT introducers represent ... specialty hemostasis introducers in the world. ... hemostasis introducers for use in interventional ... angioplasty, stenting, atherectomy, temporary pacing, endomyocardial ...
Medicine Products: