Lessons From Leaders at CommonSpirit and Novant Health: How to Increase ROI Through AI
As they face financial headwinds, staffing shortages, and growing demands for care, the ability for health systems to successfully do more with less becomes more critical than ever. A combination of AI technology, automation, and organizational change management is key to creating efficiency in health systems and delivering ROI. In this session, Sanjeev Agrawal, COO […]
Increase ROI Through AI: Unlocking Scarce Capacity
The foundational math of capacity management, matching supply with demand, is broken. Existing tools and processes need to be fundamentally revamped for health systems to overcome waves of COVID-19 and similar shocks in the future, to maximize use of their assets, creating value for patients and themselves. The key is deploying proven and scalable AI-driven, […]
Perspectives on Optimizing Asset Utilization in Healthcare for $40-50 Million Annual Added Value Per Hospital
Ignoring the mathematical complexity of balancing supply and demand in health systems does not make this problem go away. Matching the fixed supply of healthcare assets with unpredictable patient demand for them requires sophisticated demand models – for each unit of service, for each hour, each day of the week – with models that learn […]
How SSM Health Used AI to Navigate Operational Shockwaves with Agility and Achieve an 18% Increase in Patient Volumes
The St. Louis-headquartered SSM Health faced several challenges in its six infusion sites, including unpredictable patient volumes caused by waves of COVID-19 and with major construction that constrained daily operations. The infusion centers, part of SSM Health Cancer Center, also struggled with extremely busy morning rushes followed by slow afternoons that left chairs unused and […]
An AI Leader at Novant Health Discusses Embracing the New Frontier in Healthcare
AI is the new frontier in healthcare. To succeed in a data-filled world, healthcare leaders must embrace AI-based solutions rather than relying on manual processes or restricted by the mediocrity of current technologies. AI’s ability to wade through large data sets is leading to quicker discoveries, reduced clinical errors, and improved provider and patient experience. […]
Digital Transformation at Baptist Health Jacksonville: Best Practices in Scaling Disruptive Tech, for a 45% Increase in Use of OR Robotic Minutes
AI alone is not a strategy – it’s a means to enable one. To achieve true transformation, health systems and hospitals must marry advanced digital technology and automation with strategic organizational goals, powered by the right people and proven processes. Long term success also depends on building a culture that supports innovation through a commitment […]
The Time to Transform Healthcare with AI is Now
The healthcare industry faces a host of oncoming pressures, including increasing demands for care, rising costs, and shortages of clinicians and staff. By 2050, 25% of North America and Europe will be over 65, and those populations will need complex care. Managing this demand is expensive and requires a shift in focus from episodic to […]
How Vanderbilt-Ingram Cancer Center Slashed Patient Wait Times by 30%
Vanderbilt-Ingram Cancer Center (VICC) had the desire to expand patient capacity in its infusion centers, but seemingly lacked the resources to do so. VICC experienced common operational pain points such as consistently high infusion patient wait times, up to two hours and often longer, especially at the midday peak between 10:00 AM-2:00 PM each day. […]
Breaking Through Healthcare’s Operational Barriers via Internal & External Partnerships
Reducing workflow friction in healthcare has become a vital part of the delivery of value based care. Coordinated patient throughput is vital to efficient management of the hospital and quality care delivery. Inpatient bed capacity and elective surgical case backlogs took center stage during the pandemic, but for many who work in hospital operations, optimization […]
Baptist Health Jacksonville Optimizes OR Utilization with Advanced Analytics to Achieve 16% Increase in PTU
Operating rooms are the economic engine for most health systems, so their optimization is critical to the financial health of the whole organization. However, OR utilization is often constrained by inefficient processes (e.g. block allocation, finding open time), deep-rooted cultures and “scarcity mindsets”, and emphasis on metrics that do not have a significant impact on […]