Observation Management
How are you managing Observation Patients?
Unrefined observation practices negatively impact revenue, patient throughput, and patient experience, especially when hospitals do not have a dedicated observation unit.
Is your facility:
Missing revenue opportunities?
Admitting patients as observation when they really should be inpatients?
Struggling to optimize bed availability for inpatients?
Managing inpatients and observation patients the same way?
If so, your hospital could experience an impact of $4,000 per case revenue improvement for inpatient admission vs observation, and cost reduction of $500 per avoidable day by implementing our solution.
With Observation Management, our healthcare leaders and process engineers combine best practice approaches to observation patient management, resulting in optimized revenue and maximized bed capacity for inpatients. Care Logistics provides both assessments, as well as implementation of best practices.
Assessment Only
Assessment and Implementation
Optimize Revenue
Improve Resource Utilization
Create Bed Capacity for Inpatients
Drive Diagnostic Test/Service Setting
Improve Patient Satisfaction
Ready to learn more about how your hospital can benefit from Observation Management?
There has been substantial growth in observation for many years as demonstrated by the increase in Medicare observation spending from $690 million in 2011 to $3.1 billion in 2016. Along with this growth, the financial impacts of observation care on hospitals are increasing as well.
With this white paper, you will be able to answer:
What is the difference between Observation Care and Observation Management?
Why does Observation Management matter?
What are some potential causes of Observation Management problems?
What are the best practices for progression of patients in observation?