Finding cost savings with improved patient observation

Finding cost savings with improved patient observation

Observation use has become increasingly common, growing over 96% since 2006. A large portion of those stays are CV related, which presents CV service lines with an excellent opportunity for savings.

The Cardiovascular Roundtable used proprietary all-payer benchmark data from the Advisory Board’s Crimson technology platform to quantify how much an average hospital could save by improving observation LOS. In our analysis, we defined the savings opportunity as the difference in observation length of stay at institutions in the 20th percentile vs. 80th percentile.

Get this infographic to see how improved LOS observation could save you money and learn five practices to streamline observation care operations at your organization.

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