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Research Briefing:  Quantifying the Economic Impact of Communication Inefficiencies in US Hospitals

The Center for Health Information and Decision Systems issued research findings on Inefficiencies in US Hospitals (link to their site).  In the study indicates some of the following figures:

  • US Hospitals “waste” approximately $12B annually due to poor communication among care providers.
  • The above results in an annual loss in hospital revenues of 1.93% against an average hospital margin of 3.6%

Influences on these figures include hospital size, annual physician and nursing staffing patterns and occupancy rates.

Learn more about how IQCommunicate and the IQMax Connected Healthcare Platform can help your facility's Communication landscape.

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