Electronic Health Records: A balancing act of technology, cost, and quality
Electronic Health Records (EHRs) are the systemized collection of important healthcare information that is stored, accessed, and shared in a digital format. EHRs are operationalized through protected network-connected, enterprise-wide information systems and include patient data such as demographics, medical history, allergies, test orders/results, and vital signs. EHRs are now touted as the preferred, if not mandated, method of streamlining care and improving business operations within the healthcare industry by eliminating the need for paper records and manual processes.
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Improving Productivity: The Effective Use of KPIs in Labor Management
Key Performance Indicators (KPIs) aid hospitals and health systems in evaluating their performance against the national, regional, state, and peer group comparisons. KPIs are quantifiable values that directly correlate with an organization’s operational and financial goals.
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Blount Memorial Hospital
Due to market dynamics, BMH’s turnover percentage had been increasing as well as their compensation ratio and operating costs. In addition, patient satisfaction and quality scores were declining when compared to historical performance.
Effingham Health System
ALTIUS was engaged by Effingham Health System (EHS), a suburban Georgia organization consisting of a25-bed critical access hospital, a 100-bed, four-star nursing home, and eight physician clinics with additional outreach services, to conduct a labor management assessment focused on accommodating growth.
Genesis Healthcare System
Not only did Genesis need to ensure it was properly positioning itself in the community by offering a menu of services that would best use its facility and resources, but also it needed to secure funding for it’s new, modern campus, as well as ensure its future fiscal viability by proving it could align anticipated patient volume with the appropriate staffing patterns.
As a 100-bed acute care facility located in rural Pennsylvania, UPMC Somerset enjoyed a stable — but limited — market share for much of its long history.