The new OR Financial extension to OR Analytics gives OR management detailed and complete insight into the cost of individual surgeries by bringing together existing data in a unique and intuitive way.
Unlock a rich trove of information by tracking usage and cost of resources such as Disposables, Instruments and Implants but also Team, Room and Equipment, per surgery. Users can utilize the Financial Analytics tool to reveal patterns and compare costs & outcomes between procedures, surgeons or departments.
Each hospital has its own unique challenges, when it comes to improving margin, costs and identifying inefficiencies. The modular approach of the OR Finance allows for a flexible implementation, focusing on data that is already being documented and the cost components that are of most interest to each hospital.
OR Financial allows users to:
- Provide surgical staff with insight into the cost of utilized materials and how their usage compares to that of colleagues.
- Bring real data to discussions about the use of surgical robots, imaging devices, hybrid ORs and other expensive equipment.
- Identify waste and standardize procedure workflows based on optimal quality and cost results.
- Benchmark or test improvement initiatives and measure the impact on cost, LOS, patient recovery and operational efficiencies.
Complete insight into surgical costs
Extend the ORC Analysis platform with unprecedented abilities to track best practices in surgical resource management.