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HOSPITALMD BENEFITS

HOSPITAL

  • Permits increases in financial success through the ED.
  • Provides extraordinary convenience to PCPs that can result in increases in patient access.
  • Permits growth in average acuity of inpatients and ED visits.
  • Permits growth in ED patient volume.



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ACTUAL RESULTS FOR A HOSPITAL CLIENT

ATTENDING PHYSICIANS

  • Increased admission growth by 55% within first 6 months.
  • Increased net revenue growth by 55% within first 6 months, after following a 22% decline over 4 prior years.
  • ED patient visits grew by 33% and net revenue by over $200,000.
  • Increased total net revenue by 27%.
  • Increased operating income (EBITDA) by 300%.
  • Decreased accounts payable by 36% and long-term debt by 22% even with increased volume.
  • Total ROI of over 700%.
  • In light of a 33% growth in ED patient visits and 55% growth in inpatient admissions, experienced no material increase in bad debt for either ED patient visits or inpatient admissions.
  • No material adverse increase in uninsured. Percent of insured increased.

  • Improved quality of life by minimizing re-designing and/or eliminating rounding and “unattached call.”
  • Permits higher incomes and/or more personal time.
  • Minimizes malpractice risk.
  • No financial deterioration of private practice.
  • Freedom to admit own patients at will and on frequency suitable to PCP.
  • Clinical autonomy.
  • Objective measurement of service success routinely reported to the Medical Staff.
  • PCP office practice volume growth potential at no additional cost.
  • Availability of a Hospitalist (Internist) as a consultant and who can serve as an extension of the PCP practice at no cost.

PATIENT

  • Permits improved immediacy of care, especially when admitted through the ED.
  • Provides quicker diagnostics and greater continuity of care which can lead to improved health status and shorter lengths of stay.
  • Achieves frequent physician interaction with the patient and more bedside time with the patient and his/her family which can result in greater patient satisfaction, and may reduce medical errors and lower the frequency of unnecessary readmission.

  • Provides greater window of time available for family to meet with the Hospitalist, and at more convenient times.
  • Our protocols minimize variation in clinical practices; and improve ability to recognize and respond appropriately to medical outliers.
  • Local care for more complex illnesses and the ability to keep more patients close to home and family.
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