September Factoid 1
Powered by the world’s largest real-world evidence base on patient safety and healthcare quality, the Quantros Value-based Care Factoid Series provides informative indicators and measures of clinical and financial performance that matter in value-based reimbursement and payment models.
Delivered in partnership with Becker’s Hospital Review, we are confident these research insights and greater transparency will help all stakeholders to accurately measure and benchmark progress on the journey to value-based, higher-quality and safer care. To read the rest of the series of factoids, click here.
Top 5 Reported Adverse Events in 2016
While providing a safe and high quality care environment is a foundational goal of many healthcare institutions, preventable adverse events still occur at an alarming rate, with medical error cited as the third leading cause of death in the U.S.1 Medical errors are estimated to cost the U.S. economy upwards of $20.8 billion annually.2 The five most common safety events reported by Quantros’ hospital and health system customers in 2016, are Medication, Falls & Slips, Admission/Transfer/Discharge, Laboratory and Skin Integrity events.
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1Makary, M., & Daniel, M. (2016). Medical Error – The Third Leading Cause of Death in the US. BMJ, 353.
2Perez, K. (2016, June 21). The Human and Economic Cost of Medical Errors.