Automatically identify encounters with preventable incidents and quantify their treatment cost.
Calculate the cost of preventable incidents
Put a price on preventable adverse incidents by using PPM to cost these encounters.
- Benchmark this cost against the cost of similar encounters without hospital-acquired complications, to calculate the additional cost your hospital is experiencing due to preventable incidents.
Improve safety & quality
Use the cost of preventable incidents to engage your clinicians & safety coordinators and increase awareness of system-wide hospital acquired complications.
- Use the identified encounters and their CHADx classes as a broad safety screen to design targeted approaches to reducing hospital acquired complications, improving patient safety & service quality, as well as reducing hospital costs.
Reduce hospital costs
- As a small number of DRGs account for a large proportion of hospital-acquired complications, targeting these can effectively reduce costs.