Hospitals can use real-time capacity management technology to add revenue quickly, according to a TeleTracking Technologies blog post.
Overall, real-time capacity management can improve hospitals' bottom lines by automating every point in the patient flow continuum, which increases volume, generates revenue and cuts costs, according to TeleTracking.
Here are five other ways real-time capacity management can produce revenue, according to TeleTracking:
1. Optimizes efficiency in areas most affected by patient demand, including patient rooms and beds, workforce management and mobile medical devices.
2. Maximizes existing bed capacity, eliminating the need to turn patients away.
3. Eases congestion throughout hospital, which cuts emergency department wait times.
4. Creates an operational backbone that helps hospitals achieve their financial goals.
5. Streamlines clinical and non-clinical patient movements from admission to discharge, increasing productivity system-wide.
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Overall, real-time capacity management can improve hospitals' bottom lines by automating every point in the patient flow continuum, which increases volume, generates revenue and cuts costs, according to TeleTracking.
Here are five other ways real-time capacity management can produce revenue, according to TeleTracking:
1. Optimizes efficiency in areas most affected by patient demand, including patient rooms and beds, workforce management and mobile medical devices.
2. Maximizes existing bed capacity, eliminating the need to turn patients away.
3. Eases congestion throughout hospital, which cuts emergency department wait times.
4. Creates an operational backbone that helps hospitals achieve their financial goals.
5. Streamlines clinical and non-clinical patient movements from admission to discharge, increasing productivity system-wide.
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